Chinese PV manufacturer Zhongli Talesun has officially started construction of a 500MW integrated solar cell and modules assembly plant in the Thai-China Industrial Park in Rayong, Thailand.
Talesun said that the production plant would be fully automated and employ advanced processing technology to produce high-efficiency solar cells and modules with production expected to start in October 2015.
Talesun is majority owned by state-owned Zhongli Sci-Tech Group, which has become a downstream PV power plant project developer. Zhongli Sci-Tech Group also has shareholding ties with China Merchants and United PV, both involved in PV project business.
According to Wang Baixing, chairman of Zhongli Sci-Tech Group, Zhongli Talesun Solar (Thailand) production plant in Thailand would service plans to invest RMB15 billion (US$2.4 billion) in more than 1GW of PV projects in the country over the next three years.
Zhongli Talesun was said to be aiming to develop and invest in 1.2GW PV grid-connected projects in 2015. The company currently has a cell/module nameplate capacity of around 2GW and predominantly had sourced leading-edge production equipment from Italy, Germany and Japan.