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20GW large size heterojunction silicon wafer! Following LONGi and Zhonghuan, Jinyang New Energy may rank among the top 5 silicon wafer suppliers
(PV-Tech News) On October 22, Jinyang New Energy (1121.HK) issued an announcement that Jinyang Xuzhou, an indirect wholly-owned subsidiary of the group, and the Xuzhou Economic Zone Management Committee have signed a 20 GW large-size heterojunction Investment agreements and related supplementary agreements for silicon wafer projects.
According to the wafer project agreement, in order to support the development of the heterojunction wafer project, the Xuzhou Economic Zone Management Committee will provide plant and infrastructure and total cash for the Group's production base in Xuzhou Economic and Technological Development Zone for the continuous expansion of wafer production capacity and business Infrastructure incentives and other financial support up to RMB 400 million.
Jinyang New Energy stated that when the project is completed, it is expected that the monocrystalline silicon wafer production capacity of the Group will be among the highest in the global monocrystalline wafer production capacity. Based on the annual report announcement figures of Longi Green Energy Technology Co., Ltd., Tianjin Zhonghuan Semiconductor Co., Ltd. and JinkoSolar Holdings Co., Ltd. in 2020, Jinyang Xuzhou’s above-mentioned estimated maximum production capacity will closely follow the above three companies, and it is expected to become the owner The world's top five monocrystalline silicon wafer suppliers with production capacity.
It is reported that the 20GW large-size heterojunction silicon wafer project will use recycled materials as the main raw material to produce large-size monocrystalline silicon wafers, and the production cost is 30% lower than that of Czochralski monocrystalline silicon wafers with bulk polycrystalline silicon as the main raw material. , Supplemented by Jinyang New Energy’s unique silicon wafer deep removal technology, can greatly increase the minority carrier life of heterojunction silicon wafers, and finally achieve a high-efficiency solar mass production conversion efficiency of more than 24%.
The company’s share price has risen by 1249.37% year-to-date, and good news has been spreading recently. Earlier, the company announced that the first batch of 182mm large-size single-cast silicon wafers from Jinyang Xuzhou had been shipped to Taiyi Photovoltaic. This is an additional shipment after the one million 158.75mm single-cast silicon wafers announced on September 7, 2021.
(Editor in charge: Xiao Bei)
https://www.pv-tech.cn/news/20_gw_Jinyang_New_Energy_plans_to_invest_and_build_large_size_heterojuncti?