PanJit arm mulls expansion

BEIJING, CHINA: In an ambitious move, Taiwan-based rectifier diode maker PanJit International's subsidiary company Jiangsu Aide Solar Energy Technology is lining up the expansion of the annual capacity of its crystalline silicon solar cells and modules at a new factory. Jiangsu Aide Solar Energy Technology is based out of eastern China.

PanJit Intentional subsidiary Jiangsu Aide's solar cell and solar module capacity will expand from 20MWp to 70MWp and from 200MWp to 400MWp, respectively, by the end of 2009, according to a statement issued by PanJit International.

The eastern China facility, a new hub for the company, has been designed to house 14 production lines of solar cells with a total capacity of 420MWp. PanJit added that the pace of expansion of capacity will mostly depend on order and market conditions.

It may be recalled that Jiangsu Aide Solar Energy Technology had completed a solar module factory in Phoenix, Arizona during the end of July 2009. The facility will see the start of volume production later on this month.

The company aims at specifically the market in the United States. According to the PanJit International statement, Jiangsu Aide would be planning for listing in the Taiwan bourse by year 2010.