243 Million Yuan! Shuangliang Signs for Silicon Material Reduction Furnace With Inner Mongolia Dongli

PVTIME – On May 30, Shuangliang Eco-Energy Systems Co., Ltd. (600481.SH), a leading solar PV production equipment manufacturer in China, announced that its holding subsidiary Jiangsu Shuangliang New Energy Equipment Co.,Ltd. (Shuangliang New Energy) has signed with Inner Mongolia Dongli Photovoltaic Electronics Co., Ltd., a leading polysilicon manufacturer in China, for silicon material reduction furnace on May 27.

According to the announcement, Shuangliang New Energy will provide 72 pairs of rod reduction furnaces to support Dongli’s phase II of 7500MW solar cell project and silicon material project with annual output of 48,000 MT. The contract value is 243 million yuan, accounting for 6.35% of the company’s audited operating income in 2021.