New Energy
JA Solar's tens of billions project will settle in Liaoning
Seetao 2021-11-18 16:07
  • JA Technology's production plants have layouts both domestically and overseas
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Photovoltaic module leader JA Solar has thrown out tens of billions of investment projects. On November 17, 2021, JA Solar Technology Co., Ltd. signed the "Investment Framework Agreement" with the Chaoyang Municipal People's Government of Liaoning Province and the Chaoyang County People's Government of Liaoning Province. New Energy Industry Base".

According to the agreement, the project specifically includes the planned construction of an industrial base project for information technology, intelligent and high-efficiency photovoltaic module manufacturing and supporting equipment with an annual output of 5GW, and a large base project for 2GW wind and solar power stations. The preliminary estimate of the total investment of this project is about 10 billion yuan, of which the power plant project investment is about 9 billion yuan, and the manufacturing project investment is about 1 billion yuan (all subject to actual investment). Among them, the project construction cycle requires that after the signing of this agreement and the necessary construction approval procedures are obtained, the construction and production will be carried out in phases and batches within five years; at the same time, the power station project will be located within the Chaoyang City area, and the approval progress will be approved according to the indicators. According to the law, the investment and construction will be carried out in phases and batches.

JA Solar is one of the leading companies in the global photovoltaic industry. The company implements a "vertical integration" business model. In 2020, it will achieve operating income of 25.847 billion yuan, of which module business income accounts for more than 90%. The company's business reach covers 135 countries and regions around the world, and its photovoltaic module shipments rank among the top three in the world for three consecutive years. According to the information disclosed in the company's 2021 semi-annual report, it is estimated that by the end of 2021, the company's module production capacity will exceed 40GW, and the silicon wafer and solar cell production capacity will each account for about 80% of the module production capacity.

Regarding this contract, JA Solar stated that it is in line with the company's strategic needs for future capacity planning, which will help further expand the company's module production capacity, enhance the company's vertically integrated capacity advantage, and better meet the needs of global customers for high-efficiency and high-quality photovoltaic products; yes It is conducive to expanding the scale of the company's photovoltaic power stations and enhancing the application and demonstration role of photovoltaic module products in the terminal, which is in line with the company's business model of developing, holding, and transferring photovoltaic power stations. Editor/Sang Xiaomei

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