Generous Cross-border! This Pollution Prevention and Control Enterprise Deploys TOPCon Cells with 1.6 Billion USD
On January 9, Shijing Technology issued an announcement that the company signed the "Investment Cooperation Agreement for High Efficiency Solar Cell Production Project" with the Management Committee of Ningguo Economic and Technological Development Zone. The company intends to invest in the construction of a 24GW N-type TOPCon solar cell project, and the total investment is expected to be no more than 1.6 billion USD.
According to the plan, the project will be divided into two phases. The first phase plans to build 18GW, with an investment of 1.1 billion USD. It is planned to start construction in April 2023, and it will be fully completed and put into operation in November 2023. After the project is fully put into production, it is expected to realize annual sales revenue of about 2.95 billion USD and tax revenue of more than 88 million USD. The second phase of 6GW will be constructed in due course after the first phase is fully completed and reaches production capacity.