Investor Presentaiton
[Topics 2] Construction of Solar Cell Plant (VSUN)
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We are building our own solar cell plant to produce solar cells, a key
component of solar panels.
Project details: Annual capacity of 6GW
Total investment (planned): Approx. 300 million US dollars (39.45 billion yen*)
Note: Calculated based on TTM (mid-point) of 131.50 yen/US dollar published in MUFG's Foreign Exchange
Rate List (updated at 9:00 a.m. on February 10, 2023).
Abalance
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First, Phase 1 will be implemented (to be completed in October 2023)
(1) CAPEX:
Benefits of in-house production: Lower costs and significantly higher profit margin
More control over upstream processes in our supply chain
Adapt to changes in market trends (such as import rules in each country)
(2) Location:
(3) Site area:
(4) Production capacity:
(5) Manufactured products:
(6) Payment method:
Approx. 180 million US dollars (23.67 billion yen)
Cam Khe Industrial Park, Phu Tho Province, Vietnam
Approx. 13.42 hectares
Annual production capacity of 3GW
Solar cells (key components of solar panel manufacturing)
Funded by internal capital and borrowed funds
Note: Calculated based on TTM (mid-point) of 131.50 yen/US dollar published in MUFG's Foreign Exchange
Rate List (updated at 9:00 a.m. on February 10, 2023).
Copyright © 2023 Abalance Corporation
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