On October 25, Binhai Energy announced that its subsidiaries and Sun Company had signed major investment framework agreements with local government agencies respectively.
The subsidiary company, Baotou Xuyang New Energy Technology Co., Ltd. , and the Management Committee of Baotou Rare Earth High-tech Industrial Development Zone signed the Investment Agreement on the Integration Project of Photovoltaic Solar Cell Module Agreement (Agreement I), Baotou Xuyang New Energy will construct a photovoltaic solar cell and module integration project within the jurisdiction of Baotou Rare Earth High-tech Industrial Development Zone Management Committee. The total investment of the
project is about 5 billion yuan, and the preliminary plan is to build 10g W solar cells and 5G W solar modules. This project requires about 550 mu of industrial land (including about 350 mu of battery project and about 200 mu of battery components).
Sun Company Baotou Xuyang Silicon Material Technology Co., Ltd. and the People's Government of Tumote Right Banner signed the Investment Agreement for the Integrated Project of Industrial Silicon, Polycrystalline Silicon, Monocrystalline Silicon Crystal Pulling and Monocrystalline Silicon Slice ( "Agreement II"). The two sides reached a preliminary intention on the way and content of cooperation. After negotiation, Baotou Xuyang Silicon Material will build an integrated project of industrial silicon, polycrystalline silicon, monocrystalline silicon pulling and monocrystalline silicon slicing in the chemical industry park of Tumote Right Banner New Industrial Park. The total investment of
the project is about 20.4 billion yuan, covering an area of 3063 mu, with an annual output of 150,000 tons of industrial silicon, 120,000 tons of polysilicon, 40 GW monocrystalline silicon pulling, 40 GW monocrystalline silicon slicing and other ancillary facilities, as well as supporting new energy development and construction projects.
It is reported that the project with an annual output of 120000 tons of polysilicon is divided into two phases, each with a construction scale of 60000 tons. The 40GW crystal pulling and 40GW slicing project is divided into three phases of construction. The construction scale of the first phase is 10GW monocrystalline silicon pulling, the construction scale of the second phase is 10GW monocrystalline silicon pulling and 20GW monocrystalline silicon slicing, and the construction scale of the third phase is 20GW monocrystalline silicon pulling and 20GW monocrystalline silicon slicing. According to the overall layout of the company's integration project in Baotou, make overall arrangements, mature one, implement one.