ReneSola Begins Trial Production Of Steel Wire, Develops New Casting Furnaces

ReneSola Ltd., a China-based global manufacturer of solar wafers and solar products, has announced two manufacturing updates. First, the company has commenced trial production of its in-house steel wire, which will be used for slicing its solar wafers, with an expected capacity of 8,400 metric tons by the end of the year.

The expected cost of the in-house steel wires will be significantly less than the prices provided by ReneSola's current suppliers, according to the company.

In addition, ReneSola has developed a new generation of G6 casting furnaces, each of which has a capacity of 650 kg and annual output of 8 MW – compared to approximately 6 MW for the company's current casting furnaces. ReneSola plans to upgrade some of its existing casting furnaces, which will increase output to approximately 7 MW.

The new G6 casting and upgraded furnaces are expected to replace all current casting furnaces by as early as the end of the year.

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