A total investment of RMB 2.8 billion has reportedly been planned to develop the PV integration system, which the company has said will have an annual PV module production output of RMB20 billion with tax contribution of not less than RMB0.3 billion.
The first phase of the project is expected to begin commercial production in first quarter of next year, with annual PV module production capacity of 100 megawatts (MW), and PV mounting system production capacity of 300 MW.
"Our expansion plan is to have total annual module production capacity of one GW in five years, using state-of-the-art technology of polycrystalline PV cell," commented CEO, Mr. Benson Wu. "By then, Wellkey will be able to offer a one stop solution to the system integrators with its PV modules and mounting system."
He continued: "We are proud to be able to work with Sanshui government, which has the vision of developing green energy industry as its future pillar support for local economy, and which offers strong administrative and financial support to renewable energy companies."
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.