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GCL-SI to Build World’s Largest Solar Panel Factory

Posted on the 03 April 2020 by Ecoexperts @TheEcoExperts

Solar panel manufacturer GCL-SI has plans in the works to build a 60 gigawatt (GW) solar panel factory - making it the largest in the world. It will be based in Hefei, capital of east China's Anhui Province.

The company will invest 18 billion yuan into this new solar project, which will run from 2020 to 2023. During this time, the factory will be built in four phases, each with a production capacity of 15GW.

GCL's ambitious goal is to double the 30 gigawatts of capacity installed in China in 2019 with the factory alone - meaning it would be able to supply almost 51% of solar installations worldwide.

According to BloombergNEF , the project will boost GCL's ability to produce panels with a total capacity of 64.8GW. To compare, the world's biggest solar panel manufacturer, JinkoSolar Holding Co ., currently has just 16GW of capacity.

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