Electrical Equipment / Components & Telecoms

On August 8, the Management Committee of Hohhot Economic and Technological Development Zone and Huayao Optoelectronics Technology Co., Ltd. held a signing ceremony for the 10GW photovoltaic N-type cell production project.

It is reported that the total investment of the project is about 6 billion yuan. It is located in the New Energy and New Material Park of Shaerqin Industrial Zone, Hohhot Economic and Technological Development Zone. The project covers an area of about 500 mu. It mainly builds a 10GW photovoltaic N-type cell production line. 1000 sets (sets).

The project is completed in two phases. The first phase will build 2GW, with an output value of about 2.4 billion and a tax of 160 million; the second phase will build 8GW, with an output value of about 9.6 billion and a tax of 640 million. The first phase is expected to start construction in the first half of 2023 and be completed and put into operation in 2024; the second phase is expected to start construction in 2024 and be completed and put into operation by the end of 2026. After the project is completed, the annual sales revenue is expected to be about 12 billion yuan, and the annual tax revenue is expected to be about 800 million yuan.

According to Tianyancha information, Huayao Optoelectronics Technology Co., Ltd. was established in August 2019, specializing in R&D, design, manufacturing and system construction in the solar photovoltaic industry. Its business scope includes photovoltaic equipment and components manufacturing; photovoltaic equipment and components sales. Wait.

It is reported that based on the smooth implementation of the first-phase 3GW monocrystalline silicon wafer project and the second-phase 12GW monocrystalline silicon wafer project in Shaerqin Industrial Park, under the background that the Economic Development Zone actively promotes and encourages new energy and new material projects in the jurisdiction to extend the chain and supplement the chain , the two parties signed the 10GW N-type battery project after repeated negotiation and unanimous negotiation.

Previously, Huayao Optoelectronics held a groundbreaking ceremony for the 10GW N-type high-efficiency photovoltaic module and 10GW heterojunction cell project with a total investment of 6.5 billion yuan in Jintan District, Changzhou. The re-investment in the 10GW photovoltaic N-type cell production project will closely follow the next-generation mainstream technologies TOPCon and HJT. The implementation of this project will lay a solid foundation for enterprises to enhance their technological competitiveness, improve the layout of the industrial chain and share the industry's technological iterative dividends.