Friday, July 5, 2024

Standard Energy’s $100 M Thai solar factory hits equipment milestone

Standard Energy’s 3 GW silicon wafer and PV cell smart factory in Thailand has reached a milestone with the arrival of its first batch of equipment. With an investment surpassing $100 million, this factory, located in the LK Rayong Industrial City Hub, is set to become the third-largest smart factory in Thailand. Construction began in 2023, covering 120,000 square meters, and is now progressing to the equipment installation stage. The PV cell production line is scheduled to start operating by July, followed by the silicon wafer production line in September. Specializing in N-type silicon wafers and PV cells technology, Standard Energy’s annual production capacity will reach 3GW each. This initiative is expected to create over 1,000 local jobs.

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