10.5 Billion Yuan! Tongwei to Launch 25GW Solar Cell and 20GW Module Production Project in Chengdu City of China

PVTIME – On 30 November 2023, a ceremony was held in Chengdu City of China for the start of a PV products production project initiated by Tongwei Co.,Ltd. (600438.SH), a leading company engaged in the R&D, manufacturing and marketing of core solar products.

According to Tongwei, a total of 10.5 billion yuan will be invested in the construction of the project, which will produce 25GW of solar cells and 20GW of solar modules per year. The solar cell project is expected to be completed in the first half of 2024, and the solar module project will be completed and operational in 2025.

At the same time, Tongwei’s Global Innovation R&D Centre was established in the industrial park, which will mainly focus on upgrading its n-type solar cells and related materials, modules, as well as analysis, testing and innovation.

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