On May 20, 2024, the Liyang City Government of Changzhou, Jiangsu Province issued an environmental assessment notice for the annual production of 4GW silicon wafers (slices) and 4GW crystalline silicon solar cell manufacturing projects. According to the published documents, the investment and construction unit of the 4GW silicon wafer (slice) and 4GW crystalline silicon solar cell manufacturing project is Changzhou Shichuang Energy Co., LTD., which is located in the east of Jiaowei Qin Avenue and the north of Shihou Avenue, Liyang High-tech Zone, Changzhou City, Jiangsu Province. The project plans to lease about 102356.19 square meters of plant of Sukong Photovoltaic Development Co., LTD., with an annual output of 4GW of single crystal solar wafers and 4GW of batteries.

On July 23, 2023, Shichuang Energy announced that it planned to invest in the construction of an annual output of 4GW silicon wafers (slices) and 4GW crystalline silicon solar cell manufacturing projects. The total investment amount of the project is 150,2.782,400 yuan, of which the equipment investment is 1,0777,773,400 yuan, including the equipment purchase expenditure of 1,047,835,200 yuan and the reserve fund of 29.938,100 yuan; The working capital of the project is 42,500,900,000 yuan. The funds come from the company itself. The planned construction period of the project is 8 months. Editor/Wang Tian