An energy-saving battery project with an annual output of 25 GW has been successfully started

of June 18, the commencement ceremony of the annual output of 25GW N-type TOPCon high-efficiency monocrystalline battery and 20GW solar module project (i.e. Phase III project) was successfully held in Donggang District of Zhizhuang New Town. Cheng Xuesong, member of the Party Committee, director and deputy general manager of the Industrial Group, and representatives of relevant units such as Yisheng Development and Construction Co., Ltd., Yidao New Energy, Zhongke Shengbo and Zhejiang Hongtu participated. The total investment of

the project is 12.699 billion yuan (including 5.202 billion yuan for the first phase and 749700 yuan for the second phase), including 11.049 billion yuan of fixed assets investment (9.729 billion yuan of project cost, 794 million yuan of other project construction costs, 526 million yuan of basic reserve funds) and 1.65 billion yuan of initial working capital. The total planning area of the project is 452.6 mu, with a total construction area of 316400 square meters. The total construction period of the project is 300 days. The main structure of the plant (except the R & D plant) must be completed and accepted before November 30, 2023. The construction phase of the project is expected to reach 1200 construction personnel. The

construction site of the project is located in Quzhou Zhizhuang New Town, with a total planned land area of about 1019 mu (454 mu in the first stage), including battery plant, component plant, dormitory building, restaurant and staff activity center. Introduce production line equipment for N-type TOPCon high-efficiency monocrystalline cells and high-efficiency monocrystalline modules such as monocrystalline texturing machine and low-pressure phosphorus expanding furnace to form the production capacity of 25GW N-type TOPCon high-efficiency monocrystalline cells and 20GW high-efficiency monocrystalline modules (including 14GW N-type TOPCon high-efficiency monocrystalline cells produced annually in the first stage). After the

project is completed, it is estimated that the annual output value will be 40 billion yuan, the annual tax revenue will be 1.5 billion yuan, and 5100 new jobs will be created.