Heraeus Photovoltaics, a supplier of metallisation pastes for the photovoltaic industry from Hanau, Germany, is developing a new site in Minhang, Shanghai.
Solar, Chongqing, China. Credit: Wang An Qi / Shutterstock
Credit: Wang An Qi / Shutterstock
The investment will significantly increase the company's production capacities to meet the growing demand in the photovoltaic (PV) industry, which is likely to increase in the coming years.
Once the new production site has begun operations, Heraeus Photovoltaics' annual silver paste manufacturing capacity will be up to 3,000 tonnes per year.
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“Heraeus Photovoltaic is very confident in the future of the PV industry. Our new site will enable us to work even closer with our customers and will allow us to innovate faster,” said Wen Zhou, President of Heraeus Photovoltaics.
As a German family-owned business with a history of over 300 years, Heraeus Group provides a mix of diversified and cutting-edge products for a wide range of industries worldwide and meanwhile attaches great importance to China market.
Being one of the most critical and energetic business units in the group, Heraeus Photovoltaics is dedicated to supplying high-performance metallisation conductive silver pastes to the global solar cell manufacturing community concentrated in Asia, by leveraging on progressive technological innovation, continuous R&D investment and highly localised production.
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