Chinese photovoltaic manufacturers longji solar last week announced plans to invest 6. 3 billion yuan ( About eight. $9. 2 billion / 7. 9. 8 billion euros) To improve the solar module and battery manufacturing capabilities.
in a document submitted to the exchange, the company said, China solar energy network, its board of directors has approved a $20. 200 million yuan, in zhangzhou in fujian province to build a 5 gw monocrystal pv components manufacturer. The construction of the plant is expected to take about 15 months.
in addition, the photovoltaic manufacturer will xianyang in shaanxi province high-tech industrial development zone to build 5 gw of single crystal components production capacity. It will need 15 months to complete, and the total investment is expected to be 18. 400 million yuan.
longji in expanding production at the same time, in the field of photovoltaic battery is also planning to capital xian in shaanxi province to build a 5 gw of single crystal battery manufacturing plant. This will need about 24. 600 million yuan of investment, the project will be completed in about 24 months.
earlier this year, solar power grid, China solar energy network, longji said, solar energy, the plan by the end of 2021, the production of monocrystalline silicon cells and components separately to 20 gigawatts (gw) and 30 gw.
( From the original: renewable energy of express delivery of China's new energy grid integrated) , photovoltaic (pv) grid