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CSP Announces New Investment Agreement to Build Solar Cell Facility in China

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Feb 17 2010

China Solar Power, a manufacturer of thin film amorphous silicon photovoltaic solar modules, announced that it has signed an investment agreement with Suzhou Industrial Park for its third solar cell manufacturing facility in China. CSP plans to invest up to $180 million to build an aSi photovoltaic solar module facility and several advanced technology centers. CSP’s CEO, Frank Liu, expects the production base to realize a capacity of 200MW.

CSP’s first thin film PV manufacturing plant, located in the city of Yantai, Shandong Province in Northern China, utilizes production equipment supplied by ULVAC, Inc. of Japan. It commenced commercial operations in October 2009.

CSP will became the first thin film solar company at Suzhou Industrial Park. The SIP was established in the mid-1990s as a joint venture between Suzhou and Singapore.

Source: http://www.chinasolarcsp.com

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