of July 15, Bangjie issued an announcement on the termination of Jiangshan High-efficiency Photovoltaic Cell and Large-size Silicon Wafer Slice Project and the termination of the agreement.
Bangjie said that the company intends to terminate the project of producing 16GW N-type high-efficiency cells and 16GW large-size photovoltaic silicon wafers annually. According to
the data, in May 2023, Bangjie Shares and its subsidiary Bangjie New Energy signed the Investment Agreement with the Jiangshan Economic Development Zone Management Committee. Invest in the construction of 16GW (8GW + 8GW) N-type high-efficiency cells and 16GW large-size photovoltaic silicon wafers with an annual output of 16GW , with a total investment of about 8 billion yuan .
The project is divided into two phases, of which the first phase is to build an annual output of 16GW (8GW + 8GW) N-type high-efficiency battery project , with an investment plan of about 6 billion yuan ; The second phase of the project is to build an annual output of 16GW large-size photovoltaic silicon wafer slicing project , with an investment plan of about 2 billion yuan .
Among them, the first phase of the project, with an annual output of 8GW N-type high-efficiency cells and 16GW large-size photovoltaic silicon wafers, has officially started construction of plant and supporting facilities in Jiangshan, Quzhou, Zhejiang Province on February 25, 2024.
In addition, on the evening of June 2, Bangjie shares issued a notice that Yangzhou Bangjie, a subsidiary of the company's photovoltaic sector , failed to meet expectations and continued to lose money. In order to avoid expanding the company's loss exposure, Yangzhou Bangjie decided to continue to shut down the production line.
Prior to this, Yangzhou Bangjie high-efficiency photovoltaic solar cell production line has been temporarily shut down since March 1 .
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