GCL-SI cancels original prepare for 2.5 GW 'shingled' module assembly plant

• 'Solar Module Super League' (SMSL) member GCL System Integration Technology Co (GCL-SI) has actually cancelled plans to construct a 2.5 GW 'Shingled' (cell) module assembly plant in Funing, Hebei Province, China as well as will certainly instead move the project to its just recently began 60GW module production hub in Hefei.

The SMSL member had actually lately increased the funding for the Funing plant, stated to cost around RMB1.070 million (US$ 165.2 million). Nevertheless, the current ground-breaking of the Hefei module setting up center has indicated GCL-SI will develop the devoted tile module setting up plant at the new hub, reducing capital expenditure needs while enabling the business to benefit from greater levels of module assembly range.

Therefore, just around RMB500 million (US$ 77.2 million) will at first be assigned to the specialized tile module setting up plant. The project financial investment consists of equipment as well as installation prices of RMB577.02 million (US$ 89 million), according to an economic declaration.

Late in 2014, GCL-SI introduced prepare for a new 10GW solar battery production base in the Leshan High-tech Industrial Development Zone. The brand-new cell plant is expected to cost a total amount of RMB4.3 billion (US$ 665.3 million) and will be built in two phases.