A manufacturer of solar wafers and solar power products, ReneSola has reported two important updates of its manufacturing facility in China.
One is the commencement of steel wire production and the other is the development of advanced G6 casting furnaces.
ReneSola has initiated the in-house trial production of steel wire for slicing its manufactured solar wafers with an estimated capacity of about 8,400 MT (metric tons) before the year end. The anticipated cost of ReneSola’s in-house produced steel wires will be considerably lesser than the cost offered by its present suppliers.
The company has developed advanced G6 casting furnaces with every individual furnace offering 8 MW annual outputs and a capacity of 650 kg when compared to its existing casting furnace with an annual output of nearly 6 MW. Furthermore, the company is planning to improve few of its current casting furnaces employing proprietary techniques so as to raise the output to nearly 7 MW. The upgraded and new G6 casting furnaces are anticipated to substitute all existing furnaces as soon as possible before year–ending 2011.
Xianshou Li, CEO of ReneSola, stated that these breakthroughs are signs of the innovation and hard work rendered by the R&D group aiming to improve performance and reduce company’s expenses. The company’s wafer production cost will be reduced as expected by the completion of in-house steel wire production facility, he added. Further, wafer production capacity will be enhanced by the G6 casting furnaces modified and developed for solar products, he commented.
Source: http://www.renesola.com/