Chinese solar companies' recent announcements of newly installed solar power capacity are expected to further cement the country's leading position in solar energy production worldwide while facilitating the country's green energy transition, said industry experts.
LONGi Green Energy Technology, a Chinese photovoltaics company, announced plans on Tuesday to invest approximately 12.5 billion yuan ($1.75 billion) in the construction of a project with an annual production capacity of 20-gigawatt monocrystalline silicon rods, 24-GW monocrystalline cells and supporting facilities.
On the same day, top polysilicon maker Tongwei Co Ltd announced its plan to invest in the construction of a project that will have an annual production capacity of 25 GW solar cells and 20 GW PV modules.
Source: By Zheng Xin, chinadaily.com, June 08, 2023 [https://epaper.chinadaily.com.cn/a/202306/08/WS648100f0a3106e73106c4456.html]