On May 5, King Kong Photovoltaic announced that it planned to raise no more than 2 billion yuan for the annual production of 4.8G W high-efficiency heterojunction batteries and 1.2G W module production line projects to supplement liquidity.
In 2021, Jingang Photovoltaic transformed and upgraded its business, laid out heterojunction photovoltaic, and built a 1.2G W heterojunction project in Wujiang subsidiary of Suzhou, which was put into operation in 2022. In June
2022, on the basis of the original 1.2G W heterojunction photovoltaic project , Jingang Photovoltaic invested in a new 4.8G W heterojunction photovoltaic cell and module project in Jiuquan, Gansu Province, to expand the company's production capacity of heterojunction cells and modules.
Jingang Photovoltaic Guanwei said on the evening of April 23 that on that day, Jingang Photovoltaic (Jiuquan Base) 4.8G W high-efficiency heterojunction cell and module production project had successfully completed the first line, and the first batch of 210 half-sided microcrystalline heterojunction cells had been successfully offline in Jiuquan Production Base, with conversion efficiency exceeding 25.0%.
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