The total investment is about 5.9 billion yuan! Gree 7.2G W Heterojunction Battery + 5G W Module Project Energy Saving Report Approved

On August 7, the Guangdong Development and Reform Commission issued a review opinion on the energy-saving report of Zhuhai Hongjun Hetero junction Photovoltaic Cell Project, and agreed in principle with the energy-saving report of the project.

It is understood that the project will build an annual production line of 7.2G W photovoltaic cells and 5G W photovoltaic modules, including cell production workshop, module production workshop, solid waste temporary storage area, chemical warehouse, silane station, special gas station, hydrogen room, CDA room, nitrogen station, wastewater treatment station, comprehensive building, etc. The main equipment includes texturing cleaning machine, PECVD equipment, PVD equipment, screen printing machine, curing oven, series welding machine, laminating machine, air compressor, water chiller, etc. After the project is completed and put into operation, the annual comprehensive energy consumption shall not be higher than 44,300 tons of standard coal (equivalent value), of which the annual power consumption shall not be higher than 359,360,000 kWh; the power consumption per unit cell of the project shall not be higher than 36,000 kWh/MW, and the power consumption per unit module shall not be higher than 19,800 kWh/MW.

According to the previously published planning information, the approved Hongjun heterojunction project has a total land area of about 300 mu, a total investment of about 5.9 billion yuan , a total construction area of about 300000 square meters, and a customized plant built by Gree Group with an investment of about 1.4 billion yuan. The project is divided into three phases of investment and construction, and is expected to reach full production capacity by the end of 2025, when it will have an annual production capacity of 7.2G W batteries and 5G W modules, with an annual output value of about 11.8 billion yuan and an annual tax revenue of about 500 million yuan. The first phase of Hongjun Heterojunction Project will be completed and accepted by the end of 2023. According to

the data, Zhuhai Hongjun New Energy Co., Ltd. was jointly invested by Zhuhai Fuhong Juneng, Chunhua Capital, Gree Gold Investment and Doumen District State-owned Assets in February this year.