Mono solar panels,Poly solar panels-Gintech to expand solar cell capacity to top 1GWp in 2011

        Gintech Energy, a Taiwan-based maker of crystalline silicon solar cells, will expand its Mono solar panels total annual production capacity from 600MW currently to 1.01GWp in 2011 with total investment of NT$5.71 billion Poly solar panels (US$177 million), according to the company.

        Gintech currently has two factories in northern Taiwan, one with an annual capacity of 60MWp Silicon Solar Cells and the other with that of 540MWp, the company indicated. Gintech is expanding the annual production capacity at the larger factory to 660MWp with an investment of NT$750 million and will additionally invest NT$360 million to further increase annual capacity to 750MWp in 2010, the company pointed out.

        In addition, Gintech will invest NT$4.6 billion to set up a third factory next to the existing larger factory in 2010, with operations to kick off in 2011, the company indicated. The new factory will have an initial annual production capacity of 200MWp, bringing Gintech's total capacity to 1.01GWp in 2011, the company noted. The new factory will be able to house several production lines with a maximum total annual capacity of 1.2GWp, Gintech pointed out.