MINGR Jewelry to invest RMB10 billion in building "super factory" for photovoltaic cells
2023-02-06 16:16:22 [Print]
MINGR Jewelry announced on February 3 that the company and the Management Committee of Shaoxing Keqiao Economic and Technological Development Zone signed the Investment Cooperation Framework Agreement on February 3, 2023
. According to the agreement, the company plans to invest in the construction of the Riyue photovoltaic cell "super factory" project in the management area of Keqiao Economic Development Zone Management Committee . The project will be implemented in two phases . In the first phase, TOPCon technology battery with a production capacity of 10GW will be constructed, and in the second phase, TOPCon technology battery cell with a production capacity of 6GW and HJT technology battery cell with a production capacity of 4GW will be built . With the total land area of about 62 . 60 acres (34 . 59 acres in the first phase), the project has a total planned investment of about RMB10 billion (USD1 . 48 billion), of which the investment in fixed assets reaches RMB6 . 5 billion (USD959 million).