of August 21, Bangjie issued an announcement on the signing of a termination agreement with Yangzhou Economic and Technological Development Zone on the project of high-efficiency photovoltaic modules and R & D centers.
Bangjie said that due to the impact of business risks such as changes in the market environment of the photovoltaic industry , the company intends to terminate the project of producing 10g W high-efficiency photovoltaic modules and R & D centers annually.
Previously, in August 2023, Bangjie and the Management Committee of Yangzhou Economic Development Zone signed the Agreement on Project Investment of High Efficiency Photovoltaic Modules and R & D Center, investing in a new project with an annual output of 10g W High Efficiency Photovoltaic Modules and R & D Center. Yangzhou Bangjie Photoelectric Technology Co., Ltd., a wholly-owned subsidiary, is designated as the project company for the specific implementation of the above investment. The fixed assets investment of
the project is about 1 billion yuan , of which the first phase is to build 4GW high-efficiency photovoltaic module project , lease factory buildings and invest about 250 million yuan in production equipment; The follow-up production capacity and R & D center projects will be launched according to the progress of the first phase of the project.
It is worth noting that Yangzhou Bangjie high-efficiency photovoltaic solar cell production line has been shut down continuously since March 1, 2025.
On July 15, Bangjie also announced that it intends to terminate the project of producing 16GW N-type high-efficiency cells and 16GW large-size photovoltaic silicon wafers annually in Jiangshan Base. ( For details, see: termination of 16GW solar cell + 16GW silicon wafer project! ）
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