LG Electronics investing US$145 million to expand N-type mono cell capacity

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email

According to reports, LG Electronics is planning to spend around US$145 million on expanding its capacity for its N-type monocrystalline cells and modules. 

The company was said to have announced the plans in financial filings to the Korean stock exchange. 

The reports say that the capital expenditure plans would be undertaken by the end of July, 2015. No details regarding capacity expansion figures were provided in the reports.

US anti-dumping duties have already pushed Korean-owned Hanwha SolarOne to establish its first 200MW production plant in Korea to supply non-Chinese produced cells/module to the US market, avoiding duties on its products made at its main manufacturing plant in China. 

According to an exclusive interview with PV Tech, Applied Materials is focusing its attention on N-type mono bifacial solar cells and highlighted that Korean and Taiwanese producers were increasing future production on the higher efficiency cells/modules. 

Read Next

November 2, 2020
Speaking exclusively to PV Tech, Jolywood president Lin Jianwei discusses the company’s progress over the past 12 years, how it has progressed its n-type TopCON technology to mass manufacturing, and what the future holds.
November 2, 2020
LONGi Solar has signed a deal with German-based wholesaler EWS which will see its module supply reach expand into northern European markets.
March 10, 2020
The solar boom being fostered by UAE, Saudi Arabia and others is fuelling the appetite for imported PV components. Top Chinese makers walk PV Tech's Carrie Xiao through their steps to succeed in a region of megaprojects.
February 26, 2020
Group managing £1.135 trillion says it was drawn by Spain’s ‘supportive regulatory regime’ as it spent €120m to help refinance Q-Energy’s operational portfolio.
May 7, 2019
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology has achieved a front side power of more than 450W in its 72-cell bifacial half-cut module, a world record for this module type, tested and verified by TÜV-SÜD.
November 13, 2018
The solar industry gets to grips with the bewildering array of new module technologies at the second edition of the PV ModuleTech event in Penang, Malaysia. The conference raised a huge number of questions such as how to evaluate bifacial technology and whether it might rise faster than predicted, how long p-type multicrystalline has left in the running and the perennial issue of quality, to name a few.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal
Solar Media Events
April 25, 2022
Berlin, Germany