PV conductive paste maker Giga Solar Materials on December 9 announced the acquisition of land in an industrial park in Yencheng City, eastern China, to construct a factory to produce PV silver paste, PV aluminum paste and PV silver-aluminum paste.
Construction of the factory will begin in December 2015 and be completed in the second quarter of 2016. Production will kick off at the end of the quarter, Giga Solar said. Output at the factory will supply China-based crystalline silicon solar cell makers, Giga Solar indicated.
Giga Solar, Samsung SDI, Germany-based Heraeus and DuPont together occupy over 80% of PV silver paste supplies in the China market.