GCL-SI cancels original plans for 2.5GW ‘shingled’ module assembly plant

Facebook
Twitter
LinkedIn
Reddit
Email
GCL System Integration Technology Co (GCL-SI) has cancelled plans to build a 2.5GW ‘Shingled’ (cell) module assembly plant in Funing, Hebei Province, China and shift the project to its recently started 60GW module manufacturing hub in Hefei. Image: PV Tech

‘Solar Module Super League’ (SMSL) member GCL System Integration Technology Co (GCL-SI) has cancelled plans to build a 2.5GW ‘Shingled’ (cell) module assembly plant in Funing, Hebei Province, China and will instead shift the project to its recently started 60GW module manufacturing hub in Hefei.

The SMSL member had recently raised the funding for the Funing plant, said to cost around RMB1.070 million (US$165.2 million). However, the recent ground-breaking of the Hefei module assembly hub has meant GCL-SI will build the dedicated shingle module assembly plant at the new hub, reducing capital expenditure requirements  while allowing the company to benefit from higher levels of module assembly scale. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

As a result, only around RMB500 million (US$77.2 million) will initially be allocated to the dedicated shingle module assembly plant. The project investment includes equipment and installation costs of RMB577.02 million (US$89 million), according to a financial statement. 

Late last year, GCL-SI announced plans for a new 10GW solar cell manufacturing base in the Leshan High-tech Industrial Development Zone. The new cell plant is expected to cost a total of RMB4.3 billion (US$665.3 million) and will be constructed in two phases. 

8 October 2024
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
26 November 2024
Málaga, Spain
Understanding PV module supply to the European market in 2025. PV ModuleTech Europe 2024 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
March 19, 2024
Texas, USA
Solar Media Events
March 26, 2024
Lisbon, Portugal
Solar Media Events
April 10, 2024
Dallas, Texas USA