Budapest, Hungary [RenewableEnergyWorld.com] EnergoSolar Hungary Equipment Manufacturing Ltd. and Parity Solar have signed a contract for a new production line of solar modules in Jiangsu province, China. The scope of the agreement concerns a 24 megawatt (MW) EnergoSolar turn-key end-to-end module manufacturing factory for the production of a-Si thin-film photovoltaic modules.
EnergoSolar confirmed that the down-payment has been received and the production of the equipment started. Parity has a plan to expand the manufacturing capacity to 96 MW in 2010-2011.
“I am very positive about our partnership with Energosolar because they have a very stable and the only cost effective solution which meets our aggressive plans to ramp quickly and offer more cost effective PV solar to our customers,” said Scott Burton CEO of Parity Solar.
EnergoSolar will deliver all production equipments for front-end and back-end, from the glass preparation until the final testing of the ready-to-install thin-film modules. The first phase of installation will start in early Q3-09. The 24 MW will produce some 470.000m2 of high quality thin film PV modules per year.