Seraphim Opens 300 MW Module Plant in South Africa

- This new 300 MW factory, developed as a joint venture between Seraphim, ILB Helios Southern Africa and Industrial Development Corporation of South Africa, utilizes the latest fully-automated production technology. The USD $14 million module assembly plant is currently in trial production, ramping up to full production in September. "This isn't Seraphim's first overseas facility, but it signifies a critical milestone. Our South African initiative is symbolic of our commitment to global customers seeking reliable Tier-1 capacity to support their project pipeline," said Polaris Li, General Manager of Seraphim. "We firmly believe in the bright future of South Africa and the entire continent." "Our manufacturing operation in East London has added value and momentum to downstream installations in South Africa. And, we've been an active part of the South African PV industry since 2014," commented David Núñez Blundell, co-founder of Seraphim Southern Africa. "We're excited about the capacity increase and the innovation brought to South Africa by Seraphim." About Seraphim Founded in 2011, Seraphim has registered impressive achievements in a short period, earning Tier-1 distinction from BNEF, Top Performer from DNV GL, and loyalty from demanding customers around the world. With a total capacity of 3GW, Seraphim serves global customers with high-quality products and professional services. By the end of 2017, more than 4GW of Seraphim products were installed in over 30 countries. About ILB Helios Southern Africa ILB Helios is a Spanish PV module manufacturer active in the Southern African PV market since 2014, supplying locally manufactured PV modules to the growing South African market. About Industrial Development Corporation The Industrial Development Corporation of South Africa is a self-financing national development institution contributing to the generation of balanced, sustainable economic growth in Africa, and the economic prosperity of all South African citizens. It achieves this by promoting entrepreneurship through the building of competitive industries and enterprises based on sound business principles. For more information, please visit www.seraphim-energy.com