© saniphoto dreamstime.com
Components | November 03, 2014
Chinese Solar company to set up Dubai factory
Dubai Silicon Oasis Authority (DSOA), the regulatory body for the Dubai Silicon Oasis, has signed an agreement with Chang Zhou Almaden to host its new manufacturing and training facility at the integrated free zone technology park.
The 15'000 sq meter factory will be set up at a total capital cost of AED 110 million (EUR 23.9 million). Designed to produce up to 400'000 PV panels every year, the manufacturing facility is set for completion in Q1 2015.
The facility will additionally host a training centre that will target raising awareness on green energy and sustainable solutions for the MENA region.
Commenting on this new achievement, Dr. Mohammed Alzarooni, Vice Chairman & CEO of Dubai Silicon Oasis Authority, said: “We welcome Chang Zhou Almaden to the hi-tech park and look forward to a symbiotic partnership with the world’s largest producer of anti-reflective glass. The Middle East is rapidly gaining international attention as an emerging market for solar energy. This has led to high uptake for innovative technologies. Dubai offers an international platform with comprehensive regional reach, providing Almaden the perfect location to establish its regional manufacturing facility.”
Jinxi Lin, Chairman of Chang Zhou Almaden, said: “Solar is definitely the energy source for the future and although there are huge challenges facing the industry, we believe Almaden will create an impact on the market with our improved eco-friendly technology, competitive pricing and quality standards. Our ultra-thin dual glass PV panel has been especially designed for the hot summers of the Middle East allowing minimal power loss in high humidity and high temperature environments. We are glad to make our entry into this region with our facility at Dubai Silicon Oasis. We are confident our operations will contribute to Dubai’s green vision and contribute to reducing the emirate’s carbon footprint.”
ETS-Lindgren expands with new factory in China
ETS-Lindgren announced the opening of a new 37,700 square feet (3,500+ square...
Light & Sony to jointly develop multi-image sensor solutions
Light, a provider of multi-camera imaging, has entered into an agreement with Sony...
Shipco Circuits is changing how PCB embedded components are brought...
Ireland based EMS provider Shipco Circuits Ltd. www.ship.ie has brought a robust method...
Seoul Semi made distributor stop selling Everlight product in Japan
Seoul Semiconductor says that it has concluded a patent infringement lawsuit seeking an...
congatec signs sales partnership with Fortec
congatec has signed a sales partnership with Fortec. The goal is to expand the market...
TSMC details impact of fab 14B photoresist material incident
TSMC is updating its first quarter 2019 guidance following the completion of the assessment...
Altran awarded large, multi-year deal by global semiconductor player
Altran, which provides engineering and R&D services (ER&D), says that the company...
IFT initiates patent litigation against TI, VW, Ford and Cisco
Innovative Foundry Technologies (IFT) says that it has initiated patent litigation in China...
Pulse is now a part of the Yageo Corporation Group
Taiwanese electronic component manufacturing, Yageo Corporation, announced...
Lattice names new corporate VP of worldwide sales
Lattice Semiconductor has appoinded Mark Nelson as the company’s Corporate Vice...
Smith Names Sean Evans as Chief Financial Officer
Electronic components and semiconductor distributor, Smith, has appointed Sean...
Astronics completes sale of semiconductor system level test technology
Astronics Corporation, a provider of technologies for the global aerospace, defense, and...
Osram Licht AG confirms talks with Bain Capital and Carlyle Group
Osram Licht AG is confirming the market rumours that Bain Capital and Carlyle Group are...
CIVINTEC acquires the Cidron RFID reader range from Nexus
CIVINTEC, a supplier of RFID products in the global OEM and ODM segment, is acquiring the...
Fraunhofer Institute goes with Veeco's ion beam sputtering technology
Veeco Instruments has shipped its SPECTOR Ion Beam Sputtering (IBS) system and the...
EIB provides a total of €80 million to Zumtobel Group
The European Investment Bank (EIB) is providing the Austrian lighting company Zumtobel...
Mayflex expands operations operations with new HQ
IT communications equipment company, Mayflex, is expanding its UK operations and relocating...
Sensata breaks ground on new $27 million expansion
Sensor manufacturer, Sensata Technologis, has broken ground on a new production and...
WiTricity acquires Qualcomm Halo
Wireless power technology player, WiTricity, announces the acquisition of certain technology platform and IP assets from Qualcomm Incorporated and Qualcomm Technologies, which will bring over 1'500 patents and patent applications...
Related news
Most Read
Load more news