Monday, March 9, 2009

Energosolar, Parity Solar Sign For 24 MW In China

Thursday 05 March 2009

Energosolar Hungary Equipment Manufacturing Ltd. and Parity Solar Ltd. have signed a contract for a new production line of solar modules in Jiangsu province, China. The agreement calls for 24 MW of EnergoSolar's turnkey end-to-end module manufacturing factory for the production of a-Si thin-film photovoltaic modules.

Energosolar confirmed that the down payment has been received and the production of the equipment has started. Parity plans to expand the manufacturing capacity to 96 MW in 2010-2011. Energosolar will deliver all production equipment for front end and back end, from the glass preparation until the final testing of the ready-to-install thin-film modules. The first phase of installation will start in the third quarter of this year.

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