Move longi 3 06 billion shares to build continuously 3GW Crystal slicing project

Polaris solar PV net news: on January 27, 2016, longi shares 3GW Silicon Rod sections project foundation stone laying ceremony was held in yinchuan of Ningxia. This is the second after the signing of contract orders 9.7 billion yuan, longi shares in another big move.


Move longi 3.06 billion shares to build continuously 3GW Crystal slicing project

Move longi 3.06 billion shares to build continuously 3GW Crystal slicing project

It is understood that the 3GW project investment of some 3.06 billion yuan construction period of 1.5 years, estimated to average annual operation revenue 3.432 billion yuan and a net profit of 431 million Yuan.

Past 2015 can be called the Crystal market in years. According to statistics, around 2014, global market share of single crystal 20%-25%, 2015 single crystal 30%. As far as the domestic market, 2014 Crystal’s market share is about 5%, by 2015 the market share of more than 15%.


Move longi 3.06 billion shares to build continuously 3GW Crystal slicing project

Improvement of single crystal in the photovoltaic market share, thanks to its costs gradually declined. Polysilicon price difference is shrinking, drew investment of single crystal on the system side of the premise, Crystal has become higher-yielding products, can bring greater benefits and value to customers. Previously, longi said in an interview the shares, will lead the component cost of single crystal 25%.

Along with the positive response from local governments ‘ policies, 2016 electricity prices and possible bidding policies in the future, investors are more rational and long-term return, efficiency has become the consensus of industry development. Characteristics of single crystal of high reliability, high yield, favored by more power plant investors. It is learnt that the zhongmin, medium shots, Huaneng, Huadian, China Guangdong nuclear, Datang, China Merchants energy, TBEA, ZTE North control, energy, building materials, Solarfun power as the representative of the main power station in the country, such as investors, both large single crystal component throws.

Longi shares official said “we will invest more in single crystal factory, and strive to provide 12GW wafer capacity in 2017 for the market to fully guarantee customer demands for efficient and cheap Silicon. ”

Posted in Solar Charger.