Solar cell factory project valued at $1b to be started

First Solar Vietnam Manufacturing Co Ltd, under the US‐based First Solar Group planned to officially start the construction on new solar cell factory to be sited in Dong Nam Industrial Park, Hoa Phu Commune, Cu Chi Dist, HCM City tomorrow March 22, 2011.

The company has already been granted investment licence for this project since January 2011. The project, with registered investment capital of $1 billion, will be realised in two phases.

In the first phase, the factory will have designed capacity of 238 MW per year, with expected investment capital of $300 million. The factory was supposed to start commercial operation by mid 2012. – Vietbiz24

Tags: First Solar Vietnam, Solar cell factory

Posted by VBN on Mar 22 2011. Filed under Energy. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry