XinAo Group, a leading energy company of China, announced its entry to the photovoltaic business Nov 14, 2007. Constructing a plant for thin-film solar cell module production in China, the company said it is aiming to produce 500MW worth of products each year.
XinAo Group plans to introduce the "Applied SunFab" solar cell module production lines manufactured by Applied Materials Inc (AMAT) of the US. This production line uses 5.7m2 (8.5-generation) glass substrates. One line is capable of manufacturing 50MW-equivalent tandem solar cell modules per year, according to the company.
XinAo Group is engaged in the refinement of coal, oil and natural gas, among other businesses. It holds 20,000 employees and more than 100 group companies.
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