- SDN Company has revealed its plans to develop a new high-tech solar module fab
- The South Korean PV facility will be located in Gwangju region with an annual capacity of 385 MW
- Here, it plans to manufacture GTG solar modules with a power output of 550W
A South Korean solar module producer that also provides project development services, is planning to invest in building a solar module production facility with maximum annual capacity of 385 MW.
Making a corporate announcement, SDN Company Ltd. said it will build the new PV module fab within its Gwangju high-tech factory in South Korea. Here it will roll out GTG solar modules with a power output of 550W.
Stating the reason behind the planned investment in high power module production facility, SDN’s management said will help the company secure competitiveness and improve profitability.
If all goes well, the company expects to complete construction on the fab by June 30, 2022, as per the announcement. According to the company’s website, SDN Company currently produces PERC modules.
After the South Korean government announced its commitment to achieving carbon neutrality by 2050 through Carbon Neutrality and Green Growth Act, South Korea headquartered global solar module producer Hanwha Q Cells is reported to have committed to expand its local solar cell and module capacity (see Hanwha Q Cells’ KRW 1.5 Trillion Production Plans).