Vietnamese solar panel manufacturer, Vsun plans to establish a solar cell and module manufacturing facility in the Hoà Phú industrial zone in Bắc Giang province in the northeast part of Vietnam.
The factory is expected to be built in late 2022 and will have an annual solar module production capacity of 4 GW and a cell capacity of 2 GW. Vsun will invest $ 300 million in the project. Construction is scheduled to begin in the second quarter of this year.
“The Vsun PV industrial park will purchase advanced equipment in the industry and adopt advanced technology to produce high-efficiency modules and 210 mm and 182 mm PERC and HJT cells,” the company said in a statement as reported by pv magazine. “It is designed with the entire manufacturing line, including solar cell production, solar module assembly, quality control, raw materials and logistics.”
Vsun is a unit of the Japanese electrical equipment company Fuji Solar Co Ltd.