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Leading global solar cell manufacturer opens Vietnam plant

Released at: 16:46, 28/07/2017

Leading global solar cell manufacturer opens Vietnam plant

Photo: GCL

Operations underway at GCL System Integration Technology Co.'s solar cell plant from July 27.

by Doanh Doanh

The GCL System Integration Technology Co. (GCL-SI), a leading global solar manufacturer, has announced that its solar cell plant in Vietnam with 600 MW of production capacity began operations on July 27.

The plant will be a powerhouse in GCL-SI’s production for the global market, sharpening the solar energy group’s competitive edge in the world, especially in the US and European markets.

Mr. Shu Hua, President of GCL-SI, said that the plant’s launch is the latest step in the company’s development strategy. It is now working on promoting its global competitiveness and building an international image for its brand. “GCL’s high-efficiency PERC production line in Vietnam, based on localized management, will offer strong support to highly-efficient cell supply and contribute to lowering costs and voiding anti-dumping issues,” he said.

The cooperation between GCL-SI and Vina Cell is considered a customization for GCL-SI, especially its PERC production.

Mr. Dong Shuguang, Executive Director of GCL-SI, said the company has been working on improving the efficiency of its Polysilicon PERC products in recent years. By the beginning of 2017, it had achieved an average efficiency of 20.3 per cent for Black Silicon PERC products. The result is estimated to surpass 20.5 per cent by the end of 2017. The average power output for this model is close to 290W, meeting the latest standards of Top Runner.

In 2016, following the Belt and Road Initiative, Chinese solar companies have established ultramarine factories in more than 20 countries, with over 5 GW of capacity. Exports to India, Turkey, Chile, Pakistan, and other emerging markets have expanded, while falling 30 per cent in Europe and the US, which has further impacted on the anti-dumping issue.

Chairman of GCL, Mr. Zhu Gongshan, has on many occasions encouraged Chinese solar energy companies to “team up to march overseas and to gain a more advantageous position in foreign markets.” This is a strategic move in line with the Belt and Road Initiative and will also make the company better poised for a wider range of opportunities in the global market.

GCL System Integration Technology Co. (Shenzhen stock 002506), is part of the GOLDEN CONCORD Group (GCL). It delivers a one-stop, cutting-edge, integrated energy system and is committed to becoming the world leading solar energy company.

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