Longi Photo voltaic mentioned it’s going to make investments CNY 42.5 billion to greater than double its PV wafer and cell capability. It plans to construct new wafer and cell factories.
The corporate signed an funding settlement with the native authorities of Xixian New District, Shaanxi province. The development of the brand new services shouldn’t exceed 18 months and can be carried out in a number of phases, with no section lasting longer than six months, in response to an organization assertion.
Longi expects the factories to be commissioned in 2025. They’ll create greater than 15,000 jobs.
By the top of 2021, Longi’s wafer capability stands at 105 GW, together with 37 GW of PV cells and 60 GW of modules. It believes these numbers will rise to 150 GW, 60 GW, and 85 GW, respectively, by the top of 2022.
This content material is protected by copyright and is probably not reused. If you wish to cooperate with us and wish to reuse a few of our content material, please contact: [email protected].
