Hong Kong, China [RenewableEnergyWorld.com] China Gogreen Assets Investment Limited announced that construction has started on the first phase of a 100-megawatt production line for a-Si/SiGe Thin-Film Solar PV Modules in the Zhengzhou High and New Technology Industries Development Zone in Henan Province.
The company also announced that it has entered into purchase and operation contracts with Apollo Precision Limited and GS-Solar Company Limited respectively.
The total investment amount for development of the a-Si/SiGe thin-film solar PV business will be HK $3.705 billion [US $477.5 million] and installation of the first line in expectd to be complete by September 2010. Installation of the line itself will cost HK $741 million [US $95.5 million].
China Gogreen said that it plans to further invest and increase its thin-film solar PV module production capacity by up to 400 MW per year by 2013.
“The production line being constructed has adopted the most advanced PECVD technology which can boost the conversion efficiency of the thin-film Solar cells up to 8% with a product yield rate of 90%. In addition, the advanced technology substantially saves the energy consumption and pollution derived from the production which is environmental friendly, allowing the Zhengzhou High and New Technology Industries Development Zone to be the key renewable energy base in the region,” said Kevin Cho, executive director of China Gogreen.