Xiamen-based 35.com has revealed that its Tianjin Telcom unit has signed an agreement with the government of Meishan, in China’s Sichuan province, to invest CNY 1.5 billion in an 8 GW heterojunction solar module factory.
The company originally planned to build a 5 GW factory in Meishan.
But now this has become the first phase of the overall plan, with the second phase to have a capacity of 3 GW.
According to 35.com, the first phase will be finalized by end of June 2024 and the second phase a year later.
Software-as-a-service (SaaS) specialist 35.com is listed on the Shenzhen Stock Exchange.
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Source: pv magazine