Chinese, German firms building solar cell plant
The company will cooperate with Johanna Solar Technology GmbH (Germany), using copper indium gallium sulfur selenide (CIGSSe) solar cell techniques, which yield high levels of efficiency that compete with crystalline silicon solar modules, the companies said.
The companies will invest about $845.1 million to finish the project in three years.
Sunvim and Johanna Solar are currently spending $262 million for Phase I construction of a 60-megawatt (MW) CIGSSe thin-film solar cell development and production project. Construction is expected to be complete on the first phase by the end of 2009.
Sunvim chose Johanna Solar as its partner after three years of research on several U.S. and German companies. Johanna Solar had finished a similar factory in September 2007. Johanna Solar CEO Jeroen Haberland said Sunvim's ideals and company structure match Johanna Solar's perfectly.
China's favorable policies toward clean energy have encouraged billions of dollars in investments in the polysilicon and related solar industries. China's polysilicon production is expected to jump before 2010, but experts predict that production could exceed China's domestic demand.
Related News

The Evolution of Electric Vehicle Charging Infrastructure in the US
NEW YORK - The landscape of electric vehicle (EV) charging infrastructure in the United States is rapidly evolving, driven by technological advancements, collaborative efforts between automakers and charging networks, and government initiatives to support sustainable transportation.
Interoperability and Collaboration
Recent developments highlight a shift towards interoperability among charging networks. The introduction of the North American Charging Standard (NACS) and the adoption of the Combined Charging System (CCS) by major automakers underscore efforts to standardize charging protocols. This move aims to enhance convenience for EV drivers by allowing them to use multiple charging networks seamlessly.
Tesla's Role and Expansion
Tesla, a…