LONGi to develop 20GW solar module project in Anhui in latest capacity expansion

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
The signing ceremony between LONGi Solar and authorities in Wuhu City. Image: LONGi Solar.

LONGi Solar is planning to develop a 20GW module assembly facility in Wuhu City, Anhui Province after signing a cooperation agreement with local authorities.

The facility, set to be located in Shenxiang Town, Wuhu City of China’s Anhui Province, is to be constructed in two phases of 10GW each.

Production at the facility’s first phase is slated to start in Q2 2023, while the second phase – construction at which is to begin in Q1 2023 – will be ramped from Q2 2024.

LONGi signed a strategic cooperation agreement with the management committee of the Wuhu Economic Development Zone covering the facility earlier this week.

News of LONGi’s latest module facility comes in the same month that the solar manufacturer confirmed its expectation to finish this year with around 85GW of module assembly capacity, with solar wafer and cell capacity also expanding significantly to 150GW and 60GW respectively.

While specific details of the Wuhu facility’s capex or investment value have not been disclosed, LONGi did state it expected annual sales revenue of the project, once in full production, to be about RMB36 billion (US$5.34 billion) according to current market forecasts.

The facility is expected to incur annual tax payments of around RMB1 billion and support up to 4,000 jobs.

Read Next

PV Tech Premium
June 30, 2022
US authorities’ move to require documentation showing the source of quartzite in solar module imports should come as no surprise, experts have said, amid suggestions most companies will be able to overcome the latest hurdle that threatens to delay shipments.
June 30, 2022
The solar industry supply chain’s jitters continued this week after polysilicon prices hit another high, driving silicon wafer prices further upward too.
June 29, 2022
The US solar industry is facing fresh module shipment delays after new import documentation was demanded by Customs and Border Protection (CBP).
June 28, 2022
Solar and wind reached a 10.2% share of power generation in 2021, the first time the two technologies provided more than 10% of global power, according to new research from bp.
PV Tech Premium
June 27, 2022
The latest round of price surges in the solar value chain has caused PV module prices in China to exceed RMB2/W (US$0.30c/W).
June 27, 2022
Solar glass provider Xinyi Solar has issued a profit warning after the price of solar glass fell and the price of key components and energy inputs rose.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 4, 2022
New York, USA
Solar Media Events
October 11, 2022
Virtual event