Thursday, 30 July 2015

Hareon solar plans 1 GW cell production line in India

Chinese solar energy major Hareon Solar has announced first steps towards setting up a large solar cell production facility in India. Hareon Solar has announced phase 1 of the planned 1 GW production facility for solar PV cells in India, and plans to set up a production line of 160 MW in the first phase which would be operational by mid-2016.

The production facility would be established in partnership with India’s Dalmia Group. The production line will not only allow Hareon to supply product to the rapidly growing Indian solar power market, which has a target to have 100 GW installed capacity by 2022, but also export Indian-made cells to other countries like the US and the European Union, where Chinese companies have been facing countervailing duties.
Hareon Solar recently signed an agreement with an Indian renewable energy independent power producer, ReNew Power, to supply solar modules for a 72 MW project in the southern Indian state of Andhra Pradesh, and will also make an investment in to the solar power project. Over the last few months several international solar module manufacturers have announced plans to set up solar cell and module production lines in the India. The Indian solar power market is promising to be a high growth market, with the country planning to have an installed solar power capacity of 100 GW by 2022. 

http://cleantechnica.com/2015/07/30/hareon-solar-plans-1-gw-cell-production-line-india/

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