Anwell: Secures RMB500 Million Long-Term Funds For Second Solar Panel Plant In Dongguan.

Published on 22 Jun 2011 07:00pm
Source: Channel NewsAsia | Business News

Anwell Technologies Limited, announced that its wholly owned subsidiary, Dongguan Sungen Ltd. had secured long-term funding arrangement of RMB 500 million from the Municipal Government of Dongguan for the set-up of the Group's second thin film solar panel production plant, which is based in Dongguan. With a target to start production in 2012, the new plant will be producing Anwell's latest proprietary products including tandem junction and advanced multi-junction thin film solar panels. The Group aims to achieve 1.5GW annual production capacity within 5 years, with the continuing support from the Government... Read more...

Related Stocks