LONGi preparing new 5GW solar cell plant in Yinchuan for 2022
Mar 12, 2021 01:06 PM ET
- Significant 'Solar Module Super Organization' (SMSL) participant LONGi Solar is intending to build a new 5GW high-efficiency monocrystalline solar cell plant in Yinchuan, China.
The SMSL manufacturer currently runs a 3GW cell plant in the Yinchuan Economic as well as Technological Development Zone, while parent company LONGi Green Energy likewise has a 15GW ingot/wafer production plant in the location.
LONGi claimed that the brand-new cell plant was expected to be taken into production in 2022, although passage of the strategies was pending. The firm did not reveal the anticipated financial investment costs for the brand-new cell production project.
Needs to the project proceed, LONGi Solar would certainly raise its total cumulative cell capacity to around 35GW in 2022.
Also read
- First Solar Opens First Phase of $330 Million South Carolina Plant
- Daqo Cuts Polysilicon Cash Cost to Record $4.23/kg as Q3 Loss Narrows
- EU Ends 12-Year Duties on Chinese Solar Glass With No EU Maker Left
- Peak Energy Raises $108 Million as GM Ventures Leads Sodium-Ion Round
- Tesla Deploys 13.7 GWh of Storage in Q3 as Energy Revenue Falls 16%