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Xinyi Glass brings in high-end photovoltaic thin film conductive glass line

Post Time:May 27,2008Classify:Company NewsView:775

Xinyi Glass announced that the company has brought in the first high-end photovoltaic thin film conductive glass production line in China and imported the magnetic sputtering coating equipment from German Leybold Optics GmbH, to manufacture a new generation of high-end solar electromagnetic photovoltaic thin film conductive glass. The product line with an annual production capacity of 680,000 square meters is expected to put into production in June next year. Dong Qingshi, the Executive Director and Chief Executive Officer, said that the investments in equipment and production lines are worth about 100 million Yuan, which can be returned within a year.

Dong Qingshi said that the gross margin rate of high-end photovoltaic thin film conductive glass production line would be more than 70 percent, moreover, with the rapidly increasing market demand for solar power generation system and solar cells, Xinyi Glass is optimistic about the business outlook.

He also said that the group’s high-quality ultra-white photovoltaic glass line of 300-ton daily melting capacity in the Mainland had been operated in January this year. As the strong market demand for the products, ultra-white photovoltaic glass is in short supply. Hence, the Group is building the second production line with 500-ton daily melting capacity expected to put into production next year.

Source: GlassInChinaAuthor: admin

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