Aug 21 2010
Universal Solar Technology Inc. (OTCBB: UNSS), a developer of solar grade ingot, wafers and high efficiency solar photovoltaic modules, announced that it has produced, shipped and been paid RMB 1,246,000 (approximately US$183,500) for shipments of 120,000 wafers to Sinodeu New Energy Co., Ltd.
Wensheng Chen, Chairman and CEO noted, “We are pleased to complete these customer orders with production from our new factory. We have hired and trained 158 employees as of today and are ramping up production of silicon wafers and PV modules. We have completed testing of 8 ingot growers, have obtained operating permits for our high pressure container to be used in our silicon ingots department, and have accepted delivery of water cooling system, multi-wire saw and framing machine. Our production facility will have annual production capacity 50MW silicon ingots, 20MW solar wafers and 30 MW solar PV modules.”