LONGi authorizes nearly US$ 1 billion in capex for 25GW of brand-new ability in 2020
- Leading monocrystalline wafer manufacturer as well as 'Solar Module Super League' (SMSL) participant LONGi Green Energy Technology (LONGi Group) has actually authorized capital investment of roughly US$ 985 million on 3 different capability development projects amounting to 25GW for 2020.
A 10GW mono ingot project, a 10GW mono solar cell project as well as a 5GW mono module setting up project, formerly revealed over the last couple of months and also late 2019, are anticipated to begin quantity manufacturing prior to completion of 2020.
The solar battery project is anticipated to begin procedures in June 2020. The project Phase 1 is for 7.5 GW of solar cell ability, run by the company's subsidiary LONGi Solar. The project likewise consists of a 680MW incorporated mono cell and also module pilot line.
Lately, LONGi Solar began quantity manufacturing at its most current 5GW very automated module setting up plant to generate its HI-MO 1 components, including big location 166mm x 166mm (M6) wafers.
The freshly appointed center in Taizhou, Jiangsu Province, China created the initial Hi-MO 4 module on 16 March 2020.
