1.8 Billion Yuan! Jiangsu Tongling Electric to Invest in PV Junction Box and Module Project

PVTIME – Jiangsu Tongling Electric Co., Ltd.(301168.SZ) announced recently that it has signed an investment contract for PV junction box and module project with the committee of Dafeng Economic Development Zone in Jiangsu Province of China, with an estimated total investment of 1.8 billion yuan, of which the planned investment for the first phase will be 510 million yuan and another 1.2 to 1.3 billion yuan for the second phase. And the construction period is expected to be 18 months.