First Solar expanded the annual production capacity to 500 megawatts from 250 megawatts only last year.
It is equivalent to the quantity of fresh water proposed to be imported from Turkey and the total annual production capacity of a major seawater desalination plant.
In all, the company is raising its annual production capacity for advanced batteries to 19 million by 2015.
As of last September, the company had a total of 2.3 gigawatts of annual production capacity at its various factories in the United States, Germany and Malaysia.
The North American iron ore division produces iron ore pellets for use in blast furnaces as part of the steelmaking process, and currently has a rated annual production capacity of 27 million tons of iron ore.
The Asia Pacific iron ore division provides four direct shipping export products to Asia via the global seaborne trade market, and has a rated annual production capacity of 9 million tons of iron ore.
The company is putting in that first line now, and by the end of this year, that line should reach an annual production capacity of 40 megawatts, Harris said.
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In the last 19 years Gerdau has acquired and built out operations in Argentina, Canada, Chile, Uruguay and, most recently, the U.S. About 40% of the group's 7.2 million metric tons of annual crude steel production capacity is now outside Brazil.
We believe that production at the newly acquired Bloom Lake mine should reach its peak annual capacity of 8 million tons in 2012.
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On Thursday, the company announced plans to expand production from solar panels with 15 megawatts of annual generating capacity this year to more than 100 megawatts in 2009 and to 500 megawatts in 2012.
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