Chinese Company QS Solar To Begin Thin-Film Solar Cell Production
Nantong Qiangsheng Photovoltaic Technology Co. Ltd. (QS Solar) announced that it will begin making thin-film solar cells this month, using a new production line in Nantong, Jiangsu, with what is claimed to be the biggest production capacity in China (25MW). The company also announced recently that it would add two more production lines in 2008, bringing the total production capacity to 75MW. The company states that it expects the price of thin-film solar cells to be 1 yuan (14 cents), far below the current price of 4-5 yuan (55-70 cents) for conventional photovoltaic cells, within two years.
QS Solar introduced a 25MW amorphous silicon film solar cell production line from the United States with an investment of $25 million. The production line will start this month. The company states that the production line has the largest single-line capacity in China, with a photoelectric conversion efficiency of >6%. By using domestic materials, and by automating the ultrasonic wave cleaning, automatic welding and high-precision overlapping steps, the company said it can approach the cost of thermal power generation.
QS Solar also plans to construct a batch of 1 to 5 MW largest-sized photovoltaic power stations in Inner Mongolia Autonomous Region, Xinjiang Autonomous Region, Tibetan Autonomous Region, Qinghai, Gansu, Guizhou over the next three years.
The company states that the conversion of its thin-film solar cells would be lifted to 8% to 10% from 6% and its cost would be reduced by at least 40%. The company also claims that it has inked contracts with many international venture capital companies in a bid to be listed on the Nasdaq in 2008.