Shinsung E&G launches 350 MW solar module production line and secures supply agreements for 454 MW of projects in South Korea
Type: Supply Agreement · Technology: Solar · Country: South Korea · Capacity: 350 MW · Announced: 2026-08-12
Shinsung E&G inaugurated a 350 MW solar module production line at its Gimje plant in Jeollabuk-do, South Korea, marking a material expansion of its manufacturing capacity. The new line brings the plant's total capacity to 650 MW, with modules utilizing n-type cell technology designed for high-power applications. Shinsung E&G secured supply agreements totaling 454 MW for projects in the Saemangeum development area, including an 80 MW ground-mounted project, a 74 MW project, and a 300 MW floating solar project. The company operates two additional factories in Yongin and Jeungpyeong, with the Yongin facility powered by renewable energy and an energy storage system. Shinsung E&G established the Gimje plant under an investment agreement with the local city government, contributing to local job creation and industrial development in the region.
Counterparties
- Saemangeum development area projects (Offtaker)
- Shinsung E&G (Supplier)
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