Tongwei mentioned this week it’s going to make investments CNY 6 billion ($896 million) in 120,000 MT of extra polysilicon capability.
The Chinese language polysilicon and photo voltaic module producer has signed an settlement with the municipality of Leshan, Sichuan province, for brand spanking new manufacturing capability. Building of the brand new facility is scheduled to start on the finish of June, with commissioning scheduled for the tip of 2024.
Tongwei has 171,000 MT of polysilicon capability by the tip of 2022. It plans to succeed in 420,000 MT by the tip of 2024.
It not too long ago signed an settlement with the federal government of Nantong, Jiangsu province, to take a position CNY 4 billion in a brand new module manufacturing unit with 25 GW of annual deliberate capability. It goals to fee the brand new manufacturing unit by the tip of subsequent 12 months.
In September 2022, Tongwei introduced plans to construct a 25 GW manufacturing unit in Yancheng, Jiangsu province.
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