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Home > mk Business News >> Companies 프린트 이메일 전송 리스트
US solar cell panel maker to invest $320 mn in Daegu
2012.05.04 16:40:09
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[US solar cell panel maker to invest $320 mn in Daegu] 기사의 본문 이미지

US-based Stion has signed a $320 million investment project that will call for establishing a plant in Daegu, South Korea to produce CIGS thin-film solar cell modules, the Daegu Metropolitan City Government announced Friday.

Stion is a unique thin-film solar panel maker which uses copper-indium-gallium-selenide (CIGS) to make solar panels, more affordable compared to polysilicon-based panels.

The investment marks the largest amount that the city has attracted from abroad.

Under the agreement, the US company will build Stion-Korea on a site of 83,000 square meters in the city’s industrial park by 2014 to produce 300-megawatt CIGS thin-film solar cell modules.

With the investment, up to 600 jobs are expected to be created. Daegu-based AVACO, a manufacturer of primary equipment for solar panels, plans to provide its equipments to Stion.

[Written by Sung-deok Woo / edited by Soyoung Chung]

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