‘Solar Module Super League’ (SMSL) member, LONGi Solar has signed a framework agreement to buy Vietnam-based solar cell and module OEM (Original Equipment Manufacturer), Vina Solar for RMB 1.78 billion (US$253 million).
This article continues our series of features introducing new methodology that allows leading PV module producers to be categorised, ranked and short-listed by manufacturing and financial strength metrics; ultimately providing an investor-risk (or bankability) profile of bankable module suppliers for non-residential end-market selection.
The Chinese government’s decision (531 New Deal) to curtail utility-scale and distributed generation (DG) PV deployments just after the SNEC trade show at the end of May, not only surprised the industry but has since fuelled a significant ASP decline of modules and inverters.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has officially started production at its joint venture (JV) solar cell plant with Vina Solar in Vietnam as well as an unmanned module assembly pilot project in China.
One of the key sessions at PV CellTech 2017 in Penang, Malaysia, on 14-15 March 2017, is on GW-cell expansions across Southeast Asia and India, and there is a powerful selection of speakers lined up here. PV-Tech spoke to Finlay Colville, the PV CellTech conference Chair, and head of market research at PV-Tech’s parent company Solar Media Ltd.
China-based PV manufacturer GCL System Integration Technology (GCLS) has teamed with Vietnam-based OEM producer, Vina Solar Technology to establish a 600MW solar cell plant at Vina’s Bac Giang facilities.