CECEP is also planning a 4.5GW smart manufacturing module assembly capacity expansion at its existing manufacturing facility in the Zhenjiang Economic and Technological Development Zone. Image CECEP Solar
China-based PV power plant developer and PV manufacturer CECEP Solar Energy Co is planning a major move into the rapidly developing merchant high-efficiency PERC large-area solar cell market with the construction of a 20GW hub in the Gaoyou Economic Development Zone, Gaoyou City, Jiangsu province.
A subsidiary of CECEP Solar will operate the new solar cell hub, which will be ramped in annual 6.5GW phases to reach the 20GW target. The project will adopt high-efficiency Passivated Emitter Rear Cell (PERC) technology and highly automated ‘Smart Manufacturing’ technologies to be competitive with other major merchant cell producers such as Tongwei and Aiko Solar.
CECEP is also planning a 4.5GW smart manufacturing module assembly capacity expansion at its existing manufacturing facility in the Zhenjiang Economic and Technological Development Zone. An initial 1.5GW of capacity will be added as Phase I.
CECEP Solar did not disclose timelines for the capacity expansions or the expected capital expenditures required.
The company had approximately 3.83GW of operating PV power plants in China at the end of 2019 and has secured around 12GW of future projects to be developed. The company has also started diversifying into O&M services and is committing to further expansions of its merchant cell and module businesses.
CECEP Solar had external sales of solar cells totalling 230MW in 2019, according to its financial statements as well as around 800MW of module sales, generating combined revenue of RMB1.26 billion (US$186.88 million). Total revenue in 2019 was around RMB5 billion (US$737 million).
Total revenue in 2019 was around RMB 5 billion (US$737 million).
Nov 12, 2020
The webinar will feature presentations from Cherif Kedir, CEO at RETC and Finlay Colville, head of research at PV-Tech, covering the latest developments related to PV module testing, reliability and bankability. Specific attention will be afforded to RETC's hail durability testing (HDT) process, and PV-Tech's bankability analysis for utility scale deployment in the US today.
Mar 10 - Mar 12, 2021
Penang, Malaysia (also available virtually)
Understand fully the technical and logistical supply chains that determine the production and performance of solar modules, including all related factors impacting quality, reliability & bankability. This event will be run as a live event in Penang for delegates able to attend and will also welcome virtual delegates via streamed content and online networking.
Oct 27 - Oct 29, 2020
Going into its fifth year over 200 delegates from 150 companies and 20 countries representing the PV supply chain will gather (virtually, due to COVID-19) for 3 days to discuss the technology roadmaps for PV cell advancement in GW markets. The scope of the event has been expanded this year, to cover developments in wafer supply and thin-film investments and technologies alongside all the regular benefits to all stakeholders tracking PV technology and investment trends for the next 5 years.