Solarfun Power Holdings Co. Ltd., a China-based vertically integrated manufacturer of silicon ingots and photovoltaic cells and modules in China, plans a capacity expansion this year due to anticipated demand. Solarfun will increase its PV module production capacity from 550 MW to 700 MW by April and its PV cell production capacity from 360 MW to 480 MW by July.
‘We are expecting to see strong demand from areas with increased subsidies to solar projects, such as China and the United States,’ notes Peter Xie, president of Solarfun. ‘We plan to continue to reduce processing costs through increased production scale and enhanced manufacturing efficiencies.’
SOURCE: Solarfun Power Holdings Co. Ltd.