Joint venture Gintech reports, begins construction of solar power plant in

Views: 3063     Author: Site Editor     Publish Time: 2012-03-12      Origin: Site


Utech Solar, which is owned by Headquarters in the company solar cells Taiwan and the Gintech CTCI Corporation, is said that it has started the construction of a plant of photovoltaic solar energy 19.5MW in New Jersey, U.S..UU... The construction is expected to be completed by the end of 2012. The market expects the rate of return (IRR) draft internal at around 15%.
Gintech and CTCI both invested about NT $600 million (US)UU. ($ 20 million), about a quarter of the total cost of the plant. The future owners would have been located. If this is the case, the project will generate benefits for Gintech upon completion.
Gintech indicated that the project is underway and should be completed by the end of 2012. Gintech will be involved in other projects.
Headquartered in Sharp Japan recently announced a reduction in the capacity at its plant in polysilicon solar cells in Katsuragi, Japan. As one of the companies of the MDG of Sharp, Gintech likely to benefit.
Utech Solar began his business of solar energy in 2011, focusing mainly on Taiwan. In 2012, the firm has been spreading toward the international market.

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