Chinese power generation company G Group has selected turnkey cell lines from Korean-based equipment supplier Jusung Engineering worth an initial US$138.8 million. Both thin film a-Si equipment and c-Si equipment have been ordered, with deliveries scheduled for October 2010. Jusung said that it had won the current contract after competitive bidding with other equipment suppliers from the U.S. and Europe.
Jusung’s equipment and transparent conductive oxide (TCO) technology allow a “higher a-Si energy conversion rate (7.56% for single junction and 10.2% for tandem junction) and lower manufacturing costs than those of competitors,” commented Chul-joo Hwang, CEO of Jusung Engineering. “Now Jusung’s solar cells equipment have the highest efficiency and the lowest cost in various manufacturing methodologies.”