Emcore and San’an agree to establish Suncore CPV manufacturing JV in Huainan, China


  • EMKR
    +0.01 (0.20%)
    3:40PM EDT

Emcore and San’an Optoelectronics Company have come together for an investment and cooperation agreement with the Huainan municipal government. Under the agreement, Emcore and San’an will register and operate their joint venture (JV), Suncore Photovoltaics, in Huainan City for the production of CPV components and systems for terrestrial solar power applications.

The Suncore joint venture was formally announced by the two companies earlier this year and had specified Wuhu City, Anhui province of China to be the site for the JV’s manufacturing facility. However, the new Huainan location has been agreed upon by the companies since it is expected to more easily allow for construction and operations to begin at an earlier date as well provide more economic incentives.

Under the agreement, Suncore’s engineering, manufacturing and distribution for CPV components and systems will be based in the Economic and Technology Development Zone of Huainan City, China, where Suncore is expected to produce 1,000MW of manufacturing capacity over the next five years. Of that capacity, 200MW should be ready by the end of 2011, 300MW ready by the end of 2013 and the outstanding 50MW ready by the end of 2015. 

In an effort to help Suncore begin its operations, Huainan has provided the JV with a 263 acre land grant, extended tax holiday, other financial incentives and the promise of giving Suncore US$75 million within three days after construction on the Huainan-based facility starts. The money is expected to be solely used for capital equipment purchases.

Suncore plans for the total capital expenditure and working capital investment to be around US$1.2 billion. Additionally, Huainan has agreed to give a US$0.21 cash rebate to Suncore for every watt of CPV systems made in the city and sold in China. 

"China is viewed as one of the most promising markets for CPV solar power," said Dr. Hong Q. Hou, president and CEO of Emcore. "This Agreement demonstrates Huainan's strategy and commitment to the growth of its renewable energy industry. These financial incentives will accelerate the commercialization of Emcore's CPV technology and production ramp. We believe that this investment by Huainan and the establishment of Suncore's low cost manufacturing operation will enable our CPV technology to become a cost effective solution for commercial and power utility applications," added Dr. Hou.

Emcore and San’an are looking to start construction in early 2011 and are actively engaged in securing Suncore’s business registration in Huainan. 


Preview Latest
We won't share your details - promise!


  • Photovoltaics International 23rd Edition

    This issue of Photovoltaics International, our 23rd, offers key insights into some of the technologies that are ready to move from lab to fab in support of these goals. ISC Konstanz offer a glimpse of what the low-cost, high-efficiency solar cells of the future might look like. On page 35 the institute’s authors give an overview of what they call Konstanz’ “technology zoo”, encompassing their so-called BiSoN, PELICAN and ZEBRA cell concepts, all of which are aimed at increasing energy yield at the lowest possible cost.

  • Manufacturing The Solar Future: The 2013 Production Annual

    In the ever-changing global solar markets, cost reduction and measures to increase cell efficiencies are the key tools available to PV manufacturers to create new opportunities and drive your business to the next level. Manufacturing the Solar Future 2013 is the third in the Photovoltaics International PV Production Annual series, delivering the next instalment of in-depth technical manufacturing information on PV production processes designed to help you gain the competitive edge.



Solar Media