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LONGi : Plans to invest 3 billion yuan in the construction of a PV modules project with an annual output of 15GW in Wuhu – EQ Mag

LONGi : Plans to invest 3 billion yuan in the construction of a PV modules project with an annual output of 15GW in Wuhu – EQ Mag

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LONGi issued an announcement stating that the company’s wholly-owned subsidiary LONGi Solar Photovoltaic Technology Co., Ltd. signed an investment agreement with the Wuhu Economic and Technological Development Zone Management Committee on December 7, 2022.

The municipal investment and construction phase II project with an annual output of 15GW PV modules has reached a cooperation intention, with a total investment of about 3 billion yuan.

According to the contract, the commissioning time shall not exceed 6 months from the date of signing the completion confirmation form of all workshops and auxiliary facilities, and the project shall reach production within 24 months from the date of commissioning of the project.

Source: energytrend
Anand Gupta Editor - EQ Int'l Media Network