China's Construction Output To A GW Of Solar Photovoltaic Cells Project

China Power Investment Corporation will invest 5 billion yuan in the construction of Xi'an with an annual capacity of 1 GW solar photovoltaic cells, China's production capacity of solar photovoltaic cells will be a qualitative leap in there.

This project is China Power Investment Corporation on the 24th in Xi'an announced. The group, which has been on the Northwest Branch and Xi'an national civil aerospace industrial base signed an agreement in the industrial base will be formally launched a GW of solar photovoltaic cells projects.

Since 1999, world solar cell output by 30 to 40 percent increase in the 2005 global sales of solar cells has reached 1,500 megawatts. Pulling in foreign markets, in recent years China's photovoltaic industry has developed rapidly, to the end of 2006, China's production capacity of solar cells has been over one GW as the world's three major producers of solar cells.

The China Power Investment Corporation investment GWh annually to a solar photovoltaic cells, solar cells is not only the domestic manufacturers of "mega", and in the international community will also play an important role. According to investment plans, the project will start construction this year, the construction period of five years, when completed, to achieve an annual output value of 31 billion yuan.

China Power Investment Group is China, one of the most important power generation, the Group has been in Xining City of Qinghai Province plans to build a polysilicon projects, which have solar photovoltaic cells industries upstream products polysilicon materials . With solid financial strength and control of raw materials, technology, and China Power Investment Group's investment project of solar photovoltaic cells global PV industry will have an enormous impact.

Source: 新华网 Mao Haifeng Jan. 25, 2008