Diversified Chinese enterprise Hengdian Group DMEGC Magnetics Co (DMEGC) has started construction of a new 500MW integrated monocrystalline solar cell and module plant in Hengdian, Zhejiang Province, China for subsidiary, DMEGC Solar Energy.
DMEGC, which has also been involved in downstream PV power plant projects, noted that the capacity expansion was due to a large gap in supply and demand.
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The new production facility would be a two story construction with a total construction area of 22,000 square meters and cost around US$106 million and is expected to be completed in July 2016. The company noted that 100MW would be dedicated to PERC solar cell production with conversion efficiencies targeted at 20.8%.
DMEGC also noted that trial operations and production runs were expected to be started in June through July, 2016.
DMEGC Solar claims an existing monocrystalline solar cell nameplate capacity of 1GW and over 300MW of module assembly capacity.
