On March 26, the commencement ceremony of GCL Integrated 12 GW High-efficiency Photovoltaic Module Project was held in Funing GCL Industrial Park, Jiangsu Province.
This is another key project of Xiexin Integration after the start of the first phase of 10g W high-efficiency N-type TOPCON battery in Wuhu, Anhui Province.
According to the announcement of Xiexin Integration, the company signed the Investment Agreement of 12GW High Efficiency Photovoltaic Module Project with the Management Committee of Funing Economic Development Zone in Jiangsu Province on February 15. The total investment of the project is estimated to be about 2 billion yuan , covering an area of about 230 mu, with a construction area of about 120,000 square meters. The planned use is mainly for the construction of high-efficiency photovoltaic module projects and living facilities.
The project is expected to be put into production by October 30 , 2023. Shu Hua, president
of Xiexin Integration, said that the Funing project of Xiexin Integration adopts the most advanced automatic production equipment and intelligent manufacturing execution system in China to meet the market demand of mainstream and new high-efficiency photovoltaic modules, which will strongly support the landing of the company's main photovoltaic terminal strategy and further enhance the company's market share and industry status.
At present, Xiexin Integration continues to accelerate the layout of large-size and high-efficiency component production capacity, and is making every effort to promote the structural adjustment of component production capacity, focusing on building two component production bases in Hefei and Funing. In the
fourth quarter of 2022, Hefei GCL Integrated 15GW large-size modules will be fully put into production, together with the Jiangsu Funing 15GW module project, which will be put into production by the end of October, it is expected that by the end of 2023, the effective production capacity of GCL integrated modules will exceed 30GW. Since
last year, the photovoltaic industry has opened a comprehensive industrial chain integration "armament competition", and major enterprises have moved from specialization to vertical integration.
Xiexin Integration is no exception.
As the world's leading integrated energy system integration service provider, GCL Integration's business mainly covers high-efficiency battery modules, energy engineering, integrated energy system integration and other fields, among which photovoltaic cells and module manufacturing in the photovoltaic field are the important links that the company has invested in construction in recent years.
With the promotion and commissioning of the two major component super factory projects in Hefei and Funing, the capacity scale and market competitiveness of Xiexin Integration at the component end are further reflected.
On February 22, Xiexin Integrated Wuhu 20g W High Efficiency Battery Project started, marking the official opening of Xiexin Integrated N-type Battery Capacity Layout. Commencement Ceremony
of GCL Integrated Wuhu 20GW High-efficiency Battery Project The first phase of GCL Integrated Wuhu 10GW project is expected to be completed and put into operation in July this year, and the second phase of GCL Integrated Wuhu 10GW project will be invested and constructed by raising funds through non-public issuance of shares.
Xiexin Integration said that after the Wuhu High Efficiency Battery Project is put into operation, it will effectively supplement the upstream battery matching demand of Hefei Component Base, enhance the production capacity ratio of the company's component batteries and the safety and stability of the company's supply chain, and improve the company's risk resistance, market competitiveness and business profitability.
In addition, on January 6 this year, Xiexin Integration announced that Hefei Xiexin Integration New Energy Technology Co., Ltd., a holding subsidiary, intends to sign the Joint Venture Agreement with Jiangsu Suneng Photovoltaic Technology Development Co., Ltd. to jointly invest in the establishment of a joint venture sales platform company.
Xiexin Integration said that through the industrial synergy of "Xiexin System", it will integrate the advantages of upstream granular silicon technology, midstream cell and component manufacturing, Xiexin brand and channel advantages to build a complete low-carbon industrial chain, further enhance the safety and stability of the company's supply chain, and improve the company's low-carbon components overseas premium capacity and market share.
In addition, Xiexin Integration is also making efforts in the direction of "integration of optical storage" .
On March 24, GCL Integration announced that the total amount of funds raised by issuing to specific targets is expected to be no more than 6 billion yuan (including this number), and the net amount of funds raised after deducting the issuance fee will be used for the following projects:
It will accelerate the layout of the company in the field of energy storage business, achieve the strategic goal of coordinated development of photovoltaic + energy storage, seize the development opportunities of integration of photovoltaic and energy storage, and enhance the competitiveness of the company in the new energy industry and integrated energy services.
According to reports, at present, Xiexin Integration has independently developed energy storage BMS and EMS modules and control technology, and launched household energy storage system and industrial and commercial energy storage system, actively reserving household and industrial and commercial optical storage integration business, base station energy storage, mobile energy, optical storage and charging system and other integrated energy system business. So as to open up the whole life cycle management of 5G integrated energy from raw materials to energy management.
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