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Despite continued concerns about a solar slowdown in Italy and Germany across the solar industry, China Sunergy (CSUN) is forging ahead with a plan to by con-investing $1.8 billion (RMB) in a 1GW expansion project. The first batch of 500MW is expected to be commercialized within a year. China Sunergy will be producing its newly developed Quasar cells with an increased efficiency of 18.85% and hopes to achieve 20% efficiency with them within two years.

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Tags: China Sunergy, Solar

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