Glaston Group Signs Contract for Five New-Generation Solar Lines in China
Glaston Group has signed a contract for five flat tempering lines for solar panel tempering with Chinese Kibing Glass.
September 24, 2022. By News Bureau
Glaston Group has signed a contract for five flat tempering lines for solar panel tempering with Chinese Kibing Glass.
The order is the first win for Glaston’s new tailor-made concept for the solar industry.
In Glaston’s updated strategy, the solar industry is identified as a growth-capturing customer segment. Amid rising concerns over climate change and energy security, significant growth in renewable energy is expected.
In China, the solar market is booming and the new installed solar capacity was up 148% in the first quarter of 2022 compared to the corresponding period in 2021.
Reflecting these growth numbers, the output of solar glass in China has increased thereby driving demand for solar panel glass processing equipment.
Glaston’s long-term customer, Kibing Glass is an innovative high-technology company, specializing in float glass, energy-saving building glass, low-iron ultra-white glass, photovoltaic glass, and pharmaceutical glass.
Currently, Kibing Glass invests heavily to expand its photovoltaic glass production base in China and Malaysia and the number of photovoltaic glass projects has been accelerating.
Kibing Glass already operates close to 20 Glaston insulating glass lines. Glaston’s technological advantage, service capabilities and strong brand name contributed to the positive outcome when the customer was looking for a technology supplier for their growing solar business.
“Kibing Glass is a highly valued customer and we are honored to support their growth initiatives in the solar business. Glaston’s tailor-made solar concept, which combines huge volumes and high-quality thin glass, is a perfect choice”, says Sasu Koivumäki, CSO at Glaston Corporation.
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