Avancis restarts production facility in South Korea
Post date: 20/07/2018 - 09:59
German manufacturer of thin-film modules Avancis GmbH, reopened its CIGS PV factory in Ochang, South Korea. The ceremony of the symbolic start of production was held with company representatives, government representatives from the Korean province of Chungbuk, as well as the CEO of its parent company Chinese state-owned China National Building Material Company (CNBM). In 2012, Avancis had completed the 100 MW factories in South Korea, but did not ramped it up. As part of the update actions, the general overhaul of the equipment and HR hiring process will be completed by end of 2018, ramping of production is scheduled for first half of 2019, says Avancis. Last year, the South Korean government targeted to cover 20 percent of the country's total electrical energy production from renewable energy sources by 2030.