LONGi and Shenzhen Energy to Launch 10GW Solar Module and 10GW Inverter Project

PVTIME – Recently, Shenzhen Energy Group Co., Ltd. (000027.SZ) disclosed that it has signed a series of Cooperation Agreement with IDG Capital, Sinopec Jiangsu and LONGi respectively via virtual meetings for further expand in the renewable energy industry.

Among them, Shenzhen Energy is very pleased to jointly launch an Intelligent Solar Module and inverter project with LONGi in Pei County of Xuzhou City, Jiangsu Province in China.

LONGi and Shenzhen Energy plan to invest 5.3 billion yuan in intelligent solar module project with an annual output of 10GW and photovoltaic inverter project with an annual output of 10GW as well. This will be an important production base focuses on the intelligent PV products and is expected to bring profits for both sides and the county.