186 Million Yuan! DKEM to Raise Funds for R&D of Silver Paste on TOPCon

PVTIME – On November 2nd, Wuxi DK Electronic Materials Co.,Ltd.(300842.SZ)(DKEM), disclosed that it intends to raise funds that no more than 186 million yuan for R&D of conductive silver paste project in Yixing City of Jiangsu Province, China.

This particular project aims to reach an annual output of 1000MT silver paste for TOPCon solar cells. The company plans to construct the project including the research and development equipment, the production lines for silver paste, and testing labs in 24 months with a total investment of 182.2025 million yuan, which 131 million of the funds will be used.