Home Facts industry

Shanxi to invest RMB 2.5 bln in building solar PV industrial chain

Shanxi to invest RMB 2.5 bln in building solar PV industrial chain

Write: Mekia [2011-05-20]
Shanxi province plans to invest RMB 2.5 billion in building a solar photovoltaic (PV) whole industrial chain this year as it aims at boosting development of its new energy industries.

The whole industrial chain covers every link of solar PV production from raw materials to solar battery components. It is expected to receive a total investment of RMB 12.4 billion by 2015.

Solar PV products in the province enjoy strong popularity abroad, with Shanxi Electronic Information Group alone setting up sales agencies in Europe, North America and Singapore.

Upon completion of the first phase construction, the RMB 2.5 billion project is expected to generate production capacity of 200 megawatts and sales revenues of RMB 10.7 billion.