DMEGC revealed that it has signed an funding settlement with the authorities of Yibin, Sichuan province, to construct a brand new 20 GW photo voltaic cell manufacturing unit. It stated it’ll construct the ability in three phases. It plans to speculate a complete of CNY 10 billion ($1.41 billion) within the venture.
That is proper stated it signed two long-term polysilicon provide agreements, for a complete of 278,880 metric tons (MT). The agreements are value CNY 84.2 billion, based mostly on present costs from PV InfoLink. One of many contracts was signed by module producer Longi and its 9 subsidiaries, to cowl polysilicon provides from Could 2023 to December 2027. It signed a second contract with an undisclosed social gathering for as much as 27,600 MT of polysilicon from January 2023 to December 2027.
lengthy stated it has signed a panel provide cope with India’s Larsen & Toubro for 2 photo voltaic initiatives in Saudi Arabia. The module producer will provide PV modules for the 388 MW venture in Jeddah and the 904 MW venture in Sudair.
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