Vietnamese photo voltaic panel producer AD Inexperienced has introduced that it has began manufacturing actions at its new manufacturing unit in Thai Binh.
The power presently has a capability of 500 MW and is predicted to achieve 3 GW inside 12 months. “The totally operational facility will start transport its 540 W monocrystalline photovoltaic panels to home and abroad clients starting this month,” the corporate stated in an announcement.
The producer additionally defined that the brand new manufacturing unit will produce modules particularly for the US market, thus profiting from the tariff exemption for photo voltaic panels from Vietnam introduced by the US authorities in June 2022.
“This exemption, which lasts as much as 24 months, permits AD Inexperienced to fulfill the rising demand for photo voltaic power in america, opening up new alternatives for the corporate to develop its market presence and contribute to alter within the world power transition,” it stated.
AD Inexperienced is a subsidiary of Damsan Joint Inventory Firm, a Vietnam-based firm primarily engaged within the textile business.
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