3 Billion Yuan! Taoistic Solar to Launch 7GW Solar Module and 5GWh Energy Storage Projects

PVTIME – Recently, Taoistic Solar Technology (Changzhou) Co. (Taoistic Solar), a group company integrating cell manufacturing, glass manufacturing, photovoltaic module manufacturing, photovoltaic system integration and services, announced its intention to invest in and build an integrated PV and energy storage industrial park in Changzhou City, Jiangsu Province, China.

As part of the industrial park, 3 billion yuan will be invested in high-efficiency solar panels with an annual production capacity of 7GW and 5GWh of energy storage projects. Once in production, it is estimated to generate annual sales of 12.5 billion yuan and tax revenue of over 200 million yuan.

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