In 2010, Saiwei Solar wafer production reached 3GW. With the combination of strong market demand and stable product prices, the company is expected to achieve its goal of expanding wafer production capacity to 4GW by the end of 2011.
The company’s management stated that this year’s larger economic scale, improvements in production technology, and breakthroughs in development bottlenecks are the focus of the company’s development. The company hopes that by the end of this year, with the smallest capital expenditure, the production cost of silicon wafers will drop from 31 cents per watt in the fourth quarter of last year to 25 cents per watt. The company's total production cost reduction plan is to save 15-21% of the cost in 2011.
The company’s management stated that this year’s larger economic scale, improvements in production technology, and breakthroughs in development bottlenecks are the focus of the company’s development. The company hopes that by the end of this year, with the smallest capital expenditure, the production cost of silicon wafers will drop from 31 cents per watt in the fourth quarter of last year to 25 cents per watt. The company's total production cost reduction plan is to save 15-21% of the cost in 2011.
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