Central enterprises
Nantong plans to build a 20GW efficient N-type TOPCon photovoltaic cell base
Seetao 2022-12-05 16:25
  • The total investment of the project is 10 billion yuan, and the construction period of the project is 3 years
  • The project will start construction of Phase I Phase I 6GW production line before the end of December 2022
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On December 2, 2022, the signing ceremony of Linyang Energy TOPCon photovoltaic cell production base project was held in Nantong Binjiang Conference Center. Linyang Energy will invest in the construction of a 20GW efficient N-type TOPCon photovoltaic cell production base and new energy related industrial projects in Nantong Development Zone, with a total investment of 10 billion yuan and a construction period of 3 years. Among them, Phase I will produce 12GW efficient N-type TOPCon photovoltaic cells annually, with a total investment of about 5 billion yuan.

Linyang Energy was once a global leader in photovoltaic modules. Its photovoltaic business started in 2004 and was successfully listed on NASDAQ in 2006. It was one of the few six photovoltaic enterprises that went to the United States earlier at that time. In 2010, Hanwha New Energy, a subsidiary of the Korean consortium, acquired 49.99% of the shares of Jiangsu Qidong Linyang New Energy, the world's top five solar cell module manufacturer at a cost of 366.7 million US dollars, becoming its largest shareholder.

Lu Yonghua, Chairman of Linyang Energy

At the signing ceremony, Lu Yonghua, president of Linyang Group and chairman of Linyang Energy, said in his speech that over the past 28 years, Linyang Energy has adhered to the industry unswervingly, and has been committed to the large-scale, diversified and international development strategy, focusing on the business of three major sectors, namely, intelligence, energy storage and new energy, and adhering to global high-quality innovative development. The selection of the project base in Nantong Development Zone is based on the superior business environment, efficient government services and full support for the project in Nantong Development Zone. It is also an opportunity for Linyang to return to photovoltaic manufacturing for the second time and show its strength. Linyang Energy will actively focus on the strategic goal of becoming a "world-class product and operation service provider in the field of global smart grid, new energy and energy storage", achieve project implementation with high standards and quality, and strive to become a benchmark project in Nantong!

It is reported that Linyang Energy will strive to start the construction of Phase I Phase I 6GW production line before the end of December 2022, complete and put into operation before the end of July 2023, and ensure that Phase I Phase II 6GW production line will be put into operation in March 2024, and reach the production capacity of 12GW in May. Editor/Zhao E


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