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(Source:China National Energy Administration,April 2022).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.
展开▼
