267 Million Yuan! Shuangliang’s Sub Wins Tongwei’s Bid for Reduction Furnace Equipment

PVTIME – On 27 June 2023, Shuangliang Eco-Energy (SH:600481), a leading manufacturer of solar PV production equipment in China, announced that Jiangsu Shuangliang New Energy Equipment Co.,Ltd, a subsidiary of Shuangliang Group, has won the bid for the reduction furnace equipment of 200,000MT of high purity crystalline silicon project and related equipment and facilities in Tongwei Inner Mongolia.

The value of the tender is 267 million yuan, representing 1.84% of Shuangliang’s audited operating revenue for 2022. The total investment of the project is approximately 10.108 billion yuan and includes production equipment and facilities to achieve an annual production capacity of 200,000MT of high purity crystalline silicon. The construction period is 18 months.

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