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

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
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. 

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.

Read Next

February 23, 2021
Strong installs expected in China, India and other markets as supply chain concerns ease and costs drop further
February 18, 2021
Major ‘Solar Module Super League’ (SMSL) member JinkoSolar has secured a three-year solar glass supply contract with Flat Glass Group, totalling the equivalent of 59GW of PV modules.
February 12, 2021
Suntech’s ‘Ultra X’ PV module series adopts large format 210mm monocrystalline wafers and 1/3 cut Passivated Emitter Rear Cell (PERC) technology, which increases the light receiving area by 80.5% compared with products of conventional formats, according to the company.
February 10, 2021
Leading monocrystalline wafer producer LONGi Green Energy has signed a three-year high-purity polysilicon supply deal from OCI Malaysia, while securing 46GW of PV glass from China's Flat Glass Co.
February 9, 2021
Major ‘Solar Module Super League’ (SMSL) member JinkoSolar has extended its supply chain cooperation with major polysilicon and merchant solar cell manufacturer Tongwei Group, with Tongwei gaining extra gigawatts of mono wafers from JinkoSolar.
February 9, 2021
Major China-based polysilicon producer Xinte Energy is planning the world's single largest polysilicon production complex.

Subscribe to Newsletter

Upcoming Events

Solar Media Events, Upcoming Webinars
March 9, 2021
Solar Media Events
March 17, 2021
Solar Media Events
April 13, 2021
Solar Media Events
April 20, 2021
Solar Media Events
May 11, 2021