LONGi approves almost US$1 billion in capex for 25GW of new capacity in 2020

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LONGi Group has approved capital expenditures of approximately US$985 million on three separate projects: Image LONGi

Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology (LONGi Group) has approved capital expenditures of approximately US$985 million on three separate capacity expansion projects totaling 25GW for 2020. 

A 10GW mono ingot project, a 10GW mono solar cell project and a 5GW mono module assembly project, previously announced over the last few months and late 2019, are expected to start volume production before the end of 2020. 

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The solar cell project is expected to start operations in June 2020. The project Phase 1 is for 7.5GW of solar cell capacity, operated by the firm's subsidiary LONGi Solar.  The project also includes a 680MW integrated mono cell and module pilot line. 

Recently, LONGi Solar started volume production at its latest 5GW highly automated module assembly plant to produce its HI-MO 1 modules, incorporating large area 166mm x 166mm (M6) wafers. 

The newly commissioned facility in Taizhou, Jiangsu Province, China produced the first Hi-MO 4 module on 16 March 2020.

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