On April 26th, Hongyuan Green Energy Company issued an investment and construction announcement on photovoltaic cell projects. The announcement states that Hongyuan Green Energy Co., Ltd. plans to carry out a large-scale 16GW photovoltaic cell project in Qingshan District, Baotou City. The project will be implemented in two stages, with the first phase constructing a 10GW photovoltaic cell project and expected to be officially put into operation in 2025. As for the second phase project, 6GW of photovoltaic cells will be constructed, and the progress of the project will be driven based on the company's judgment of the market situation.

Among them, the investment of the first phase project is about 3.6 billion yuan, of which the fixed assets investment is about 3 billion yuan; The investment of the second phase project is about 1.9 billion yuan, including about 1.5 billion yuan of fixed assets investment.

The investment route for this battery project is TOPCON. If there is a change in the mainstream market route in the future, there may be a risk of project delay due to the change in technology route.

Since 2019, Hongyuan Green Energy has actively laid out the construction of photovoltaic monocrystalline silicon production capacity in Baotou. After unremitting efforts, it has now established a complete silicon rod production line and corresponding slicing capacity in the local area. This layout not only provides a stable source of raw materials for the investment and construction of this photovoltaic cell project, effectively shortens the procurement cycle, reduces transportation costs, but also forms a synergistic effect within the industry chain, further strengthening the company's production capacity supporting advantages in the local market. Through this move, the company's competitiveness and risk resistance have been significantly improved, fully in line with its long-term strategic layout in the photovoltaic industry chain. At the same time, in the planning of this project, the company not only adopted mature technologies in the current industry, but also fully considered the trend of industrialization of new technologies in the future, and reserved sufficient space for expansion or technological transformation. Keywords: overseas engineering, international engineering construction, foreign engineering construction news.

It is reported that after entering the TOPCON field in 2022, Hongyuan Green Energy has achieved remarkable results. In June 2023, the company successfully produced its first N-type TOPCON high-efficiency battery cell; In August of the same year, the first N-type TOPCON high-efficiency component was successfully produced. At present, the company has achieved an excellent level of 26.45% in terms of efficiency in mass production of battery cells. (This article is from the official website of Jiandao: www.seetao. com. Reproduction without permission is not allowed, otherwise it will be punished. Please indicate Jiandao's website and the original link when reprinting.) Jiandao's mechanical column editor/Zhou Yingwen