About Photovoltaic panels installed in Xixian New District
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6 FAQs about [Photovoltaic panels installed in Xixian New District]
Why did LONGi Solar invest 42.5 billion in Xixian New District?
Longi Solar said it will invest CNY 42.5 billion to more than double its PV wafer and cell capacity. It plans to build new wafer and cell factories. The company signed an investment agreement with the local government of Xixian New District, Shaanxi province.
What is the construction project of Xixian New Area?
The construction project of Xixian New Area covers six major engineering fields, with a total investment of 50.77 billion yuan On February 7, 2022, the start-up activities of key projects in the first quarter of Shaanxi Province were held in Jinghe New Town, Xixian New District.
Where is LONGi Solar based?
Based in Shanghai, he covers the latest market developments, company news, and industry trends in Greater China. Longi Solar said it will invest CNY 42.5 billion ($6.65 billion) in 100 GW of wafer capacity and 50 GW of solar cell capacity in Shaanxi province, China.
What is Xixian New Area?
Industrial innovation has become a key driving force for economic growth in Xixian New Area, a national-level new area in Northwest China's Shaanxi province. Approved by the State Council in 2014, the area has Fengdong, Fengxi, Qinhan, Konggang, Jinghe and the Nengyuan Jinmao subareas under its jurisdiction.
How long will Xixian New District construction take?
The company signed an investment agreement with the local government of Xixian New District, Shaanxi province. Construction of the new facilities should take no longer than 18 months and will be handled in multiple phases, with no phase lasting longer than six months, according to a company statement.
How much money will Xixian New Area invest in 2021?
In 2021, the key projects under construction at the provincial, municipal and new district levels in Xixian New Area will complete the investment of 49.559 billion yuan, 82.221 billion yuan, and 161.008 billion yuan respectively. The Xixian Energy Gold Trade Zone School Project has been put into use.