BudaSolar wins first phase of 1 GW turnkey thin film complex in Dalian, China

China City Investments Limited, a project company set up by Chinese investors, signed contract with BudaSolar Technologies Co. Ltd. (BudaSolar) as technology provider for the turnkey delivery of production lines at the capacity of 85 MWp/year using Silicon based thin film PV technology.

The agreement is the first phase of the Dalian City Industrial Park Project targeting the development of a complex, vertically integrated production center with cumulated PV production capacity of 1GW to be achieved in 10 phases.

Besides many international participants another Hungarian company, Harcon Co. Ltd. is contracting for the establishment of a glass factory, water cleaning infrastructure and other related facilities.

Reflecting this vertically integrated concept of the Dalian Project, BudaSolar also delivers a TCO coating system fully matched to the requirements of the PV production lines. As part of the project, large numbers of technical staff and management will be trained in Europe.

The preparation for the project start in 2010 Q2 is already going at full speed and parties expect completion of the PV factory and production ramp up during the second half of 2011.

BudaSolar Technologies Co. Ltd. was founded in 2007 by a group of engineers and technicians, who have been in the solar business since 1997. Our core competence is development of thin film solar module manufacturing technologies including related equipment and turn-key production lines.