China Financial Daily

August 30, 2009

Invest 450 million U.S. dollars in 500MW solar power project in China Optical Valley start

Filed under: Financial News — Tags: — lily @ 9:28 am -0700

Invest 450 million U.S. dollars in 500MW solar power project in China Optical Valley start
29, invested 450 million U.S. dollars in 500MW solar projects in Chinese known as Optics Valley of Wuhan East Lake High-tech [6.85 -3.79%] the district started the project by the internationally renowned PV manufacturers – Evergreen Solar Inc. and the United States Jiawei Solar (China) Co., Ltd. joint venture.

It is reported that after the completion of the project, mainly with the production of crystalline solar wafers, solar cells and their components, is expected to put into operation three years, the annual output will reach 10 billion U.S. dollars. The project will also lead the design, equipment, materials, energy-saving environmental protection and other related industries.

Evergreen is a U.S. NASDAQ listed company, the main investment produce 500MW solar power project Czochralski polysilicon film production line parts. Of its unique “Czochralski polysilicon film” production technology with the same amount of silicon material can produce two times more solar cell products, can significantly reduce the solar silicon production cost. Jiawei in 500MW solar power project is mainly responsible for cell-chip and module production line, investment and construction at the same time, it will also in the Optics Valley of the layout of silicon, pure silicon in the production of new projects.

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