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First Solar Receives Investment License to Build Solar Module Factory in Ho Chi Minh City

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Reviewed

Jan 31 2011

First Solar, a United States-based solar panels manufacturing company, has reportedly received investment license to build a solar modules producing factory in Ho Chi Minh City, Vietnam. The company has plans to invest around 1 billion in the project.

The proposed plant will be constructed in Dong Nam Industrial Zone located in Cu Chi District and will manufacture thin film solar modules. In the first phase of the project the plant will have four operating lines to manufacture a maximum of 238 MW every year. The company has plans to increase the production capacity by four-fold in the next phase.

According to Tymen DeJong, First Solar’s Deputy Director In-charge for its global productions, the first phase of the construction work will commence in January 2011 and the plant is anticipated to become functional from the middle of 2011.

Source:

http://www.firstsolar.com/

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