30 Billion Yuan! East Hope to Invest in Polysilicon, Solar Cell and Module in Wuhai City, China

PVTIME – On July 4, The East Hope Group has signed an Investment Agreement with the People’s Government of Wuhai City, Inner Mongolia Region of China, to jointly build up a PV production base with a total investment of 30 billion yuan in that region.

The local government will support the company with favorable policies to launch projects to achieve production capacity of 62,500 MT of polysilicon, 10GW of crystal silicon pulling, 10GW of silicon slices, 10GW of solar cell and 10GW of module.

Once upon completion, the base is calculated to achieve a total output value of approximately 30 billion yuan and will provide about 7,000 jobs for local people.