SolarWorld Opens New Cell Production Facility in US
Posted on: Monday, 20 October 2008, 12:00 CDT
SolarWorld has announced that it is opening a solar cell production facility in in Hillsboro in the state of Oregon, US. The company has also announced that it is investing $500 million in new technology.
In an integrated manufacturing process, wafer-thin silicon discs as well as solar cells will be produced with an initial capacity of 100MW annually. The company has announced that the capacity will be expanded to 500MW in the next three years.
Frank Asbeck, chairman and CEO of SolarWorld, said: "In 2009 we are expecting the market to more than double to about 1,000MW. There is no safer investment than that in solar energy.
"For the house owner it means that with the power generation on his own roof or plot of land he can render himself independent of the rising electricity prices. For us as a company it means that we can further expand our position of leadership in the world in this important technology of the future."
Source: Datamonitor
Related Articles
- Trina Solar Announces Third Quarter 2007 Results
- Evergreen Solar Announces $200 Million Sales Agreement With SunEdison, LLC
- Evergreen Solar Announces $125 Million Distribution Agreement With Donauer Solartechnik
- Evergreen Solar Announces $88 Million Contract With Global Resource Options
- Evergreen Solar Announces $100 Million Sales Agreement With S.A.G. Solarstrom AG
- Solar Announces Conversion of Debentures
- Evergreen Solar Announces $70 Million Sales Agreement With PowerLight Corporation
- Solar Announces the Acquisition of D2Fusion Inc.
- Solar Announces the Acquisition of Planktos, Inc.
- Solar Direct and TCT Solar Announce First Joint Solar Water Heating Solution Designed for Commercial Applications
 |
 |
User Comments (0)
RSS Feeds