31, Zhengxin Investment Co., Ltd. signed a cooperation framework agreement with Ganyu Economic Development Zone in Lianyungang, Jiangsu Province. It marks the establishment of Ganyu Economic Development Zone with an investment of 5 billion yuan in Zhengxin Photoelectric 10 GW Photovoltaic Cell Production Project .
It is reported that the contracted 10GW (5GW Topcon + 5GW HJT) battery production project has a total investment of about 5 billion yuan, a total area of about 400 mu, and a total construction area of about 200000 square meters. After the
project is put into operation, the annual sales will be about 12 billion yuan, the annual tax payment will be about 300 million yuan, and about 1600 people will be employed.
The project is divided into two phases: the first phase of 5GW Topcon cell project , with a total investment of about 2.5 billion yuan, will be invested and constructed in August 2023, and the second phase of 5GW HJT cell project . It is planned to be invested and constructed in June 2024. According to the
data, Zhengxin Optoelectronics was founded in 1988 and headquartered in Changzhou, Jiangsu Province. At present, the total production capacity is 10 + GW, with three major production bases in Changzhou, Suqian and Yunnan. The company is fully involved in photovoltaic product manufacturing, power plant development, construction, operation and maintenance, integrated photovoltaic and storage system solutions, BIPV and other new energy fields, with business in more than 80 countries and regions around the world.
Source: Digital New Energy DNE