Solar Module Manufacturers ZNShine and Trina to Expand Production Capacity
The two companies plan to scale their production to 10 GW
August 14, 2020
Two solar cell and module manufacturers have announced expansion plans for their production units.
Solar module manufacturer ZNShine Solar announced its plans to expand its production capacity to 10 GW.
In a press statement, the company said that this was part of its expansion plan and 2020 investment focus, to augment its global market share.
The company’s estimated investment for the expansion plan is expected to reach 5.5 billion renminbi (~$791.82 million). The solar module manufacturing unit is located at Suqian in China’s Jiangsu Province.
The 10 GW expansion will be accomplished in two phases. The first phase will see a module production capacity of 4 GW, covering an area of 124,000 square meters, and the production will start in November 2020. The second phase of 6 GW will be operational by 2021.
ZNShine Solar was the top module supplier to the Indian solar market in the calendar year 2018, having supplied more than 1 GW of solar modules to India by the year-end.
Similarly, another solar manufacturer, Trina Solar, plans to expand its production capacity of G12 solar cells. The company said it signed an investment cooperation agreement with the management committee of the Yancheng Economic and Technological Development Zone in Jiangsu Province.
Trina Solar will add 10 GW in its annual production capacity of 210mm (G12) solar cells in two phases. With the construction of a new facility inside the Yancheng Economic and Technological Development Zone, Trina Solar will add 7.6 GW in annual production capacity. It will take the company nearly six months to complete the construction with a total investment of 3 billion Yuan (~$431.95 million).
In the second phase, Trina Solar will add another 2.4 GW in annual production capacity by upgrading its existing production facility inside the Yancheng Economic and Technological Development Zone. Production will start after four months of construction and is likely to cost the company approximately 800 million Yuan (~$115.18 million).
In the calendar year 2019, Trina Solar was the top supplier of solar modules in India in terms of cumulative shipments.