Japan Chuangda builds photovoltaic production company in Xinbei District, Changzhou

On the afternoon of May 22, Chuangda Corporation of Japan Co., Ltd. signed a PV project investment agreement with New North Industrial Park with a registered capital of US$20 million.

The total investment of the PV project invested by Japan Co., Ltd. is expected to reach 100 million U.S. dollars, which will be implemented in three phases. The contract is one of the phases. The project will focus on single-crystal pulling, polycrystalline casting and slicing. The land area will be 50 mu and the total production value will reach 150 million US dollars. The second phase of the project will focus on the production of solar cells, and the third phase will mainly produce solar modules and application systems.

Japan’s Shindo Co., Ltd. is headquartered in Hakata, Fukuoka City, Japan, and has annual sales of 11 billion yen (approximately RMB 660 million). The company has branches in Osaka and Yokohama, and four manufacturing plants in Foshan, China. The business is mainly divided into reprocessing and sales of silicon materials, reprocessing and sales of various resins. In Saga Prefecture, the company owns a silicon material recycling plant that covers an area of ​​7,000 square meters and processes 300,000 silicon wafers per month. The customers of silicon materials are Japan's overseas semiconductor factories, of which there are 10 large listed companies.

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