Published on June 3rd, 2011 | by Zachary Shahan3
Canadian Solar Headed to China to Build Two 600-MW Solar Technology Plants
June 3rd, 2011 by Zachary Shahan
Note: I found out from one of our commenters that it’s a Chinese company! Trick naming (and website)…. I have received word from a representative of the company that Canadian Solar is, indeed, a Canadian company (but yes, “most of the manufacturing is done in China”).
China is an attractive place for clean energy companies. It has some of the most supportive policies in the world, and many would say the most supportive. It’s clear that’s not just abstract talk when more and more North American and European companies decide to set up major manufacturing plants and research facilities there.
Canadian Solar Announces 600-MW PV Solar Cell Production Plant in China
Canadian Solar is the latest to announce some big clean energy investments in China. It is building a 600-MW photovoltaic solar cell production plant in Suzhou in Eastern China. It will be putting in 61% of the equity, with state-owned enterprise Suzhou New District Economic Development Group Corp and Suzhou Science and Technology City Development Co Ltd. putting in the rest.
Construction is supposed to begin right after some local permits are obtained. Canadian Solar predicted that it would increase the plant’s production in 2012 once things are rolling.
Canadian Solar Announces 600-MW Solar Wafer Production Plant in China
Coincidentally (or not), a day before the above announcement, Canadian Solar announced that it was teaming up with GCL-Poly Energy Holdings Ltd. to build a 600-MW solar wafer plant in Suzhou as well. Again, in the future, Canadian Solar intends to expand the plant, which it says could get up to a production capacity of 1.2 GW (1,200 MW).
More on Canadian Solar
Canadian Solar is one of the world’s largest solar module producers. It manufactures ingots, wafers, solar cells, solar modules, solar power systems, and specialized solar products. In 2010, it made shipments totaling 803 MW for a total revenue of $1.5 billion. The company operates in:
- the United States
It’s seven “wholly-owned manufacturing subsidiaries” currently have a total module capacity of 2.05 GW. Clearly, these new investments in China are a big deal.
Related Stories on CleanTechnica:
- Samsung Signs $6.6 Billion Solar and Wind Power Deal with Ontario, Canada
- Wow, China IS Serious About Clean Energy!
- Largest Solar Photovoltaic Facility in World Built in Canada
Photo via jasohill
Check out our new 93-page EV report.
Join us for an upcoming Cleantech Revolution Tour conference!
Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech daily newsletter or weekly newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.