Globe's largest PV module manufacturing facility

• GCL System Integration prepares to develop a 60 GW solar module manufacturing facility in China's Anhui district, with an overall financial investment of roughly $2.5 billion.

Chinese module maker GCL System Integration (GCL SI), a device of Golden Concord Group Ltd. (GCL), intends to develop a 60 GW solar module manufacturing facility in eastern China's Anhui district, according to a declaration submitted to the Shenzhen Stock Exchange recently.

The project will certainly be established in 4 stages, with the initial 15 GW phase to be introduced this year, the business claimed. It will certainly develop the various other stages by the end of 2023, depending upon sales as well as manufacturing capability.

Generally, the whole project will likely need a financial investment of RMB 18 billion ($2.53 billion), with around RMB 5 billion to be purchased the very first stage. GCL SI did not supply any type of extra technological and also economic information concerning the strategy. Upon conclusion, the center will certainly be the biggest solar panel manufacturing facility worldwide, the firm asserted.

GCL SI presently runs as well as has 5 module manufacturing facilities throughout landmass China as well as one in Vietnam, with an incorporated capability of 6 GW, according to its web site.