Hyundai Heavy plans to build what the company says is South Korea's largest manufacturing plant for building copper indium gallium diselenide (CIGS) thin-film solar cells.
The company signed an agreement with France-based Saint-Gobain and Chungcheongbuk-do to build a 400 MW CIGS solar cell plant in the Ochang Foreign Investment Zone, Chungcheongbuk-do, by 2015. Construction is scheduled to start from March 2011.
Upon completion, the 231,000 square-meter plant will have four solar cell manufacturing buildings with an annual production capacity of 100 MW each and one administrative building.
SOURCE: Hyundai Heavy