PVTIME – LONGi Group has announced the company’s plans to invest 7.011 billion yuan in the construction of three capacity expansion projects totaling 25GW in annual production capacity.
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To meet the market demand for high-efficiency monocrystalline products, a monocrystalline module project with annual production capacity of 5GW is to be constructed in Jiaxing City. Estimated investment total of this project is 1.948 billion yuan.
A 1.837 billion yuan 10GW monocrystalline ingot production project will also be constructed in Baoshan City of Yunnan Province.
A two phase monocrystalline cell production project is to be established in Xi’an National Civil Aerospace Industry Base. Phase I will produce 7.5GW annually and Phase II will add another 2.5GW annually. This project also includes a 680MW integrated mono cell and module pilot line.