Solar Enertech is actively establishing a sophisticated 42,000-square foot manufacturing and research facility in Shanghai, and plans to invest in PV cell research to develop higher efficiency solar cells.
The company’s Research & Development team is led by one of the industry’s top scientists, who gives the company great potential to become one of China’s top solar cell producers.
According to the U.S. Department of Energy, the demand for electricity is expected to rise from 14.3 billion megawatt hours to 26.0 billion by 2025, which may mean that the current non-renewable energy sources will not be able to meet demand.
The sun’s virtually unlimited supply of energy gives Solar Enertech great opportunity expand as the solar industry continues to grow 20-25% each year.