On June 19, 1,000-tons monocrystalline silicon and 650-chip monocrystalline silicon chip project started construction in Industrial Park, Wanzhou District, Chongqing Municipality, which laid a foundation for building Wanzhou into a solar photovoltaic industrial base in West China.
It is learnt that the project is jointly invested by Shanxi Orchid Technology Co., Ltd., and Nanjing Shoushi Investment Advisory Co., Ltd. to set up Chongqing Orchid Solar Energy Power Co., Ltd (hereafter referred to as “Chongqing Orchid”) with a registered capital of 100 million yuan. Investment for the first phase is 490 million yuan. Production equipment include monocrystalline rods with an annual output of 1000 tons, and monocrystalline chips with an annual output of 65 million chips. The project will be put into production in next June. By then, its annual sales revenue can reach 2.5 billion yuan.
It’s introduced that "Chongqing Orchid" will also invest in 100MW solar cell and battery components with an annual sales income of 5 billion yuan; with production expansion of Wanzhou monocrystalline silicon project (with an annual output of 10,000 tons) , a project with an annual production of 3000 tons of monocrystalline silicon (including monocrystalline silicon chip) and 300MW solar cell chips and battery components will also be launched. By then, the overall annual sales revenue for the whole industry will rise to 15 billion yuan.
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