Photovoltaic giant LONGi announced a major investment agreement of 19.5 billion yuan to invest in 3 projects to increase production capacity
2022-03-13 18:37:17Source: Xi’an News Network
Xi’an News Network News On the evening of March 13, LONGi, a leading photovoltaic company and a well-known enterprise in Shaanxi, released a large list of 19.5 billion yuan investment projects that attracted the attention of the industry.
According to the information disclosed, LONGi Co., Ltd. signed the “Investment Cooperation Agreement” with the People’s Government of Ordos City and the People’s Government of Yijinhuoluo Banner on March 12. The 20GW monocrystalline silicon rod and slice project, the 30GW high-efficiency monocrystalline cell project and the 5GW high-efficiency photovoltaic module project have reached cooperation intentions. The estimated investment amounts of the above projects are 7.6 billion yuan, 10.3 billion yuan and 1.6 billion yuan respectively, which will be invested by LONGi’s project subsidiary.
“The project investment agreement signed this time is in line with the company’s future production capacity planning, which will help the company to give full play to its leading advantages in technology and products, seize the development opportunities in the photovoltaic market, further increase the company’s production capacity, and continuously improve market competitiveness.” LONGi shares Said that this project is not expected to have an impact on the company’s current operating income, and the board of directors will be held in accordance with the project implementation plan to conduct project feasibility analysis and calculation and disclose it in a timely manner. All media reporters from Xi’an Press also learned that, according to the specific content of the above-mentioned “Investment Cooperation Agreement”, the construction period of the project is clearly defined as “since the plant, warehouse and ancillary facilities are handed over to Party C’s project company for use, the production time of each project shall not exceed six months. months, and the time to production should not exceed 24 months.”
Liu Ning, an all-media reporter from Xi’an Press