The largest solar PV manufacturer in the world GCL Group has had its plans for a major 5GW manufacturing hub in Egypt approved by the National Authority for Military Production. Image: GCL
The largest solar PV manufacturer in the world GCL Group has had its plans for a major 5GW manufacturing hub in Egypt approved by the National Authority for Military Production.
GCL Group, which includes publically listed subsidiaries such as Leading polysilicon and multicrystalline wafer producer GCL-Poly Energy Holdings and ‘Silicon Module Super League’ (SMSL) member, GCL System Integrated Technology Co and downstream project developer, GCL New Energy Holdings had combined annual revenue of over US$6.6 billion in 2017.
Reports in May, 2018 had highlighted an MOU signed between the Egyptian ministry and GCL Group, highlighting plans for a 5GW module assembly plant at a cost of US$2 billion.
The level of investment would indicate GCL planned to build an integrated manufacturing hub that would include ingot/wafer, cell and module production. Details of the plans remain limited.
However, the news that the Chinese government is implementing major caps on the growth of PV deployments in the country, indicates that major PV companies such as GCL and rival LONGi Green Energy have already determined that overseas growth would be required to meet ambitious goals over the coming years.
LONGi already has cell and module production in Malaysia and GCL has the same in Vietnam.
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.