4 Billion Yuan! 4GW Solar Cell and 6GW Module to Be Added in Guangdong of China

PVTIME – A large-scale solar product production base was signed on 6 July between Guangdong Hongjun Juneng New Energy and the local government of Qidong City, Guangdong Province, China.

The two sides have agreed to jointly establish a production base focusing on HJT products, with a total investment of 4 billion yuan (approximately US$550.4 million). The project was designed to produce 4GW of HJT cells and 6GW of modules, with a minimum sales value of 6 billion yuan (approximately US$825.6 million) once operational, in two phases. In the first phase, 2GW of cells and 2GW of modules and an R&D centre will be produced with an investment of 2 billion yuan (approximately US$275.2 million). The second phase will add a further 2GW of cells and 4GW of modules, as well as pilot lines for perovskite cells, with an investment of 2 billion yuan.

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