Shanghai Tianchen enters solar cell production with 20 GW factory
- Admin
- Apr 26, 2024
- 1 min read
Chinese investment holding company Shanghai Tianchen Co., Ltd. signed an agreement with the government of Wuhu City in China to construct a solar cell and storage system manufacturing facility in the Fanchang Economic Development Zone. The new factory plans to have an annual solar cell capacity of 20 GW and a battery capacity of 20 GW, with an initial capacity of 5 GW for cells and 6 GW for storage systems. The project requires an investment of CNY 11.6 billion ($1.67 billion). Additionally, Shanghai Tianchen partnered with Huasun to set up a joint venture for heterojunction solar modules.
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