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6 FAQs about [Tongshi Solar Photovoltaic Power Generation Quote]
Is TW (Tongwei) solar a good company?
As a leading silicon materials company, TW (Tongwei) Solar ranks first globally in terms of high-purity crystalline silicon production and sales volumes. Leading cell manufacturer: TW (Tongwei) Solar’s cell shipments have ranked first worldwide for six consecutive years. In August 2022, TW (Tongwei) Solar entered the module sector.
Who is Tongwei solar?
On June 6, Tongwei Group announced that its wholly-owned subsidiary Tongwei Solar intends to sign an investment cooperation agreement with the government of Shuangliu District of Chengdu.
How much money will Tongwei make a year?
Polysilicon and solar cell maker Tongwei has estimated it will generate profit of RMB4.9-5.2 billion (US$769-816 million) in the first three months of this year thanks to booming solar installation figures and product price rises.
Will Tongwei build solar panels in Chengdu?
Tongwei intends to build solar cell and panel plants in its home city of Chengdu with a total fixed asset investment of CNY10.5 billion (USD1.5 billion), it said in a statement late yesterday.
Where is Tongwei based?
Tongwei’s 15GW cell factory in Meishan Sichuan,, China. Image: Tongwei. Solar polysilicon and cell manufacturer Tongwei has stated plans to significantly increase its manufacturing capacity over the next four years after confirming a six-fold increase in net profit in Q1 2022.
How will Tongwei's new solar plants work?
Tongwei's new plants will be constructed in two phases, the firm said. The first will build a solar cell factory with an annual output capacity of 25 gigawatts, to be completed and put into operation by the end of next year. The second will build a solar panel plant with an annual output of 20 GW. It should start production by the end of 2025.