Construction starts for Korean module plant

Hyundai-Avancis has started building work on South Korea’s largest CIGS thin-film solar module plant in Chungcheongbuk-do.

Over US$200 million has already been invested in the project, which has a scheduled completion date of January 2012. Funding has come from Saint-Gobain and Hyundai Heavy.

This first phase of building work will take the facility’s capacity to 100MW CIGS, although Hyundai-Avancis has already announced plans to expand this to 400MW by 2015, and the company hope the plant can propel it into the world’s top 5 CIGS solar module manufacturers by 2015.