Hanergy mulls Ivory Coast factory
Chinese PV group Hanergy is considering building a module factory in the West African country of Ivory Coast, following a meeting between company chairman Li Hejun and the country’s president, Alassane Ouattara.
Li and Ouattara met in the country’s largest city, Abidjan, on 22 January, and discussed the prospect of Hanergy investing in PV factories and plants in the Ivory Coast, the company says.
According to the Ivory Coast government, the factory alone would require an investment of about $500m.
Over the past few years privately owned Hanergy has acquired a number of foreign companies focused on copper, indium, gallium, selenide (CIGS) thin-film technology, to complement its PV toolmaking business, known as Hanergy Solar.
Hanergy is also one of the largest developers of PV projects in China.
Outside of South Africa, there are no significant PV manufacturing facilities in Africa, despite a number of schemes having been mooted in recent years.
Last year German toolmaker Centrotherm saw a major order cancelled for a PV factory in Algeria, originally placed in 2011.