LONGi Plans To Expand Monocrystalline Silicon Wafer Production Capacity With New 100 GW Project In China – EQ Mag
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LONGi has announced a new monocrystalline silicon wafer project of 100 GW annual production capacity
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It is planned to be in Xixian New District of Shaanxi province along with a 50 GW cell project
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While the board is yet to clear it, LONGi believes the additional capacity is in line with its future production capacity planning
The world’s largest solar wafer manufacturer, LONGi Green Energy Technology is cementing its position on the top with the announcement of a new 100 GW monocrystalline wafer project in China’s Xixian region in Shaanxi province, along with a 50 GW monocrystalline cell project.
Realization of these plans and estimated investment budget is pending the feasibility of the project by the company’s board though.
Nonetheless, fathom this: at the end of 2021, the company had a cumulative production capacity of 105 GW for wafers, which it was targeting to grow to 150 GW by the end of 2022. For solar cells and modules, the 2021 capacity of 37 GW and 60 GW was to be scaled up to 60 GW and 85 GW, respectively over the same period.
A statement from LONGi stated it has signed an investment cooperation agreement with the management committee of Jinghe New Town of Xixian New District in Shaanxi province to site the wafer and cell projects.
The vertically integrated manufacturer sees this additional capacity as being in line with its future production capacity planning that’s conducive to its full use of technology. “The leading advantages in technology and products will further enhance the company’s production capacity and continuously improve market competitiveness,” stated LONGi.
Source: taiyangnews
