WEIFANG, Oct 27, 2008 (SinoCast via COMTEX) -- A solar wafer project built by a Hong Kong subsidiary wholly owned by Taiwan Tatung Company laid the foundation stone in the Weifang, Shandong Province on October 23, 2008.
With a total investment amounting to USD 300 million, the project is designed to have a wafer cutting capacity of 60MW in the first operational year and to hit 1,000MW within five years, bringing back annual sales of CNY 19 billion.
For a long time, the productive technology of solar wafers has been monopolized by ten plants affiliated to seven companies of the US, Japan, and Germany.
The Weifang Project gets support from a Japanese leading polycrystalline silicon manufacturer, and uses wire cutting technology to process silicon ingots, largely improving silicon wafer precision, and saving materials.
Tatung Company is a worldwide leader in designing and manufacturing digital consumer products, with strengths including LCD TVs, network-connected devices and household appliances. It also provides system integration service, and is well engaged in diversified fields like wire and cable, optical fiber cables, gas insulated switchgears, motors, generators, and transformers.
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