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JA Solar invests 10 billion yuan to build a new photovoltaic energy base

Views: 190     Author: Site Editor     Publish Time: 2022-03-17      Origin: Site

Expansion and continued expansion of production may have become the "only way" for all aspects of the photovoltaic industry.

On the evening of March 7, JA Solar issued an announcement stating, "The company's wholly-owned subsidiary JA Solar Co., Ltd. (hereinafter referred to as JA Solar), together with Qujing Municipal People's Government (hereinafter referred to as Qujing Municipal Government), and Qujing Economic and Technological Development Zone management The committee (hereinafter referred to as the Qujing Economic Development Zone Management Committee) signed the "Investment Framework Agreement" on March 5, 2022. The company plans to invest in the development and construction of a 'green photovoltaic new energy base' in Qujing City in the next 6 years, with a total investment of about 100 100 million yuan, including manufacturing bases of no less than 10GW high-efficiency solar cells and 5GW modules and new energy power station projects.”

On the evening of March 7, 2022, JA Solar announced that it plans to invest 10 billion yuan to invest in the development and construction of a "green photovoltaic new energy base" in Qujing, Yunnan. Starting from 2022, the overall scale of investment and construction will be launched in the Qujing Economic and Technological Development Zone in stages. A manufacturing base of not less than 10GW high-efficiency solar cells and 5GW modules.

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On the evening of March 8, Gaoce (688556.SH) disclosed that the company signed an equipment sales contract with Qujing Jingao Photovoltaic Technology Co., Ltd., which was written as "photovoltaic cutting equipment", and the contract amount was 222 million yuan.

It can be seen that JA Technology has begun to purchase production equipment for its Qujing project expansion. The Debon Securities Research Report pointed out that JA Solar's global sales and service network coverage is in the first echelon of the industry in terms of breadth and depth, and its component bankability rating is industry-leading. The added value of the brand is relatively high, and the export unit price in most months is slightly higher than that of second- and third-tier manufacturers. "Module shipments are firmly in the first echelon, and shipments are expected to be 25-30GW in 2021."


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