Tuesday, April 27, 2010

Aide Solar opens solar cell and module production facility in Xuzhou, China

TEMPE, USA: Aide Solar, a large-scale producer of solar modules for residential, commercial and utility scale projects worldwide and a subsidiary of the The PANJIT Group, has announced the grand opening of its over 1 million sq. ft. solar cell and module production facility located in Xuzhou, China.

Construction of the new Aide Solar facility was completed in July, 2009 on a 600 acre campus owned by The PANJIT Group. The new Aide Solar facility features enhanced manufacturing lines that increases the company’s poly and mono-crystalline silicon PV module capacity by 40 percent to 350 MW annually to support growing customer demands worldwide.

In addition, the new facility houses 12 solar cell production lines. The opening of the new facility brings the number of Aide Solar employees to 1,184 worldwide.

“The widespread adoption of solar power continues to gain traction globally, and has increased in importance as a viable source of renewable energy,” said Jason Fang, Chairman, Aide Solar. “The opening of this facility is a demonstration of Aide Solar’s commitment to expanding our success by providing highly reliable and cost-effective solar products to meet that increasing global demand.”

The solar industry is recognized as one of the fastest growing high technology industries in the world, with GreenTech Media Research estimating annual global PV demand to reach nine Giga-watts in 2010, with one Giga-watt in North America. Aide Solar established its North America headquarters in March, 2009 to address the forecasted growth projections in the US market.

“We see the US as presenting an explosive long-term growth opportunity for solar power,” said Raymond C. Wiley, director, North America Sales, Aide Solar, USA and member of the Arizona Department of Commerce’s Green Economy Advisory Committee.

“Solar generated power is the only alternative energy technology that can be deployed and scaled to meet demand requirements in the shortest amount of time. The additional module production capacity from our new facility in China will allow us to respond to the high volume, rapid growth requirements that Aide Solar is seeing in the US and around the world.”

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