12 Billion Yuan! Xinlei Group and Zhongneng Photoelectricity Technology to Launch 60 Perovskite Solar Module Production Lines

PVTIME – Henan Xinlei Group Holding Co., Ltd, a China-based company mainly engaged in stone production and property development, and Hangzhou Zhongneng Photoelectricity Technology Co., Ltd, a China-based manufacturer of perovskite solar cells, have recently jointly launched a perovskite solar module project and signed a cooperation framework agreement for the next three years.

The solar module project aims to produce 1.2*1.6m perovskite solar modules. And the new agreement will focus on the third generation of perovskite solar products. The two sides intend to set up 60 production lines for related solar products with a total investment of 12 billion yuan within three years.

In addition, Xinlei Group will invest a further 5 billion yuan or more in PV solar in China’s Gansu and Hebei provinces over the next three years.

Henan Xinlei Group Holding Co., Ltd. is a large comprehensive enterprise group integrating stone production, real estate development, decoration, cultural media, real estate services, tourism scenic spot development, comprehensive agricultural development and business management.

Hangzhou Zhongneng Photoelectricity Technology Co., Ltd. is a perovskite solar cell manufacturer with well-equipped testing facilities and strong technical force. With a wide range, good quality, reasonable prices and stylish designs, its products are extensively used in photovoltaic power generation and other industries.