China Sunergy Co., Ltd. (CSUN) has set its solar cell factory in Incheon, Korea into formal operational. The facility has an 200MW annual production capacity.
Located in Incheon, Korea, the factory covers an area of approximately 5000m2 and has started trial production in May 2015. According to current plan, once the capacity utilization rate at Korea plant reaches 80% or higher, China Sunergy will consider expanding the total production capacity of solar cells in the Korea plant to 500MW by building additional solar cell production lines.
The Korea plant has begun the cooperation with local solar module manufacturers to produce CSUN-branded solar modules in order to vertically integrate its supply chain as well. The facility marks CSUN’s global operation strategy which to distribute its production capacity to more countries for efficient services for customers across Eastern Asia and the Asia-Pacific region.
"Since the inception of our first oversea plant - Turkey plant, our efforts to diversify CSUN's manufacturing base never stop,” said Mr. Tingxiu Lu, Chairman and CEO of China Sunergy. “The move helps to enhance our global supply chain, gain access to local customers and minimize potential negative impacts from anti-dumping cases in the US, EU, or elsewhere. Looking ahead, we will continue to improve our cost competitiveness and strengthen our global footprint by the combination of moving our existing facilities in mainland China and building new facilities in the countries which have cost and geographic advantages."