Wednesday, January 14, 2009

Canadian Solar to invest 220.28 million yuan in R&D

SUZHOU, Jan 14, 2009 (Xinhua via COMTEX) -- Canadian Solar Inc. (CSIQ.Nsadaq) plans to invest 220.28 million yuan in research and development, the company said recently. The company inaugurated its solar cell engineering technology research center on January 9 in Jiangsu with the aim to build it into one of the world's leading solar cell testing centers.

The R&D center will focus on the research, development and production of high-efficient solar cells and low-cost silicon solar cells made from refined metallurgical silicon.

By now, the company has set up a research team composed of four Ph.D holders and seven master's degree holders, headed by the president.

Meanwhile, it has entered into cooperation with many domestic and international institutions including Dupont China, the Solar Energy Institute of Shanghai Jiao Tong University, Energy Research Center of the Netherlands and University of Toronto.

No comments: