First European factory of silicon solar cells to be built in Poland
13:25
Center of Research and Development for Industry (Centrum Badań i Rozwoju Technologii dla Przemysłu, CBRTP) alongside Chinese Solargiga Energy Holdings will construct the first European production plant of silicon solar cells in one of the Polish Special Economic Zones, CBRTP reported.
The factory will manufacture monocrystalline silicon (or "single-crystal silicon"), silicon bases and solar cells with a 20 percent higher efficiency, designed by the Institute of Physics at the Polish Academy of Sciences (PAN).
The estimated value of the investment stands at PLN 120 million. CBRTP also informed that it has been in talks with investment funds on possible international expansion.
The project is to be approved in January 2016 and delivered by the end of August 2016. Mass production is to be launched a year after completion.