PVTIME – Zhejiang Akcome New Energy Technology Co. (Akcome, 002610.SZ), a leading provider of full lifecycle operation services for high-efficiency solar cells, modules and power plants, recently announced its plan to establish a manufacturing base focused on R&D and production of HJT and perovskite tandem solar cells in Hangzhou City, China.
The new facility, which will be initiated by Zhejiang Aikang Future Technology Co., Ltd, a wholly owned subsidiary of Akcome, will be completed in three phases with a total investment of 1 billion yuan (US$140 million). In the first phase, a 150 million yuan (US$20.97 million) research centre for the development of HJT and perovskite tandem solar cells is planned. The second phase will include a pilot production line with an estimated investment of 250 million yuan (US$34.93 million). Finally, a mass production line will be built in the third phase, with an investment of 600 million yuan (US$83.88 million).
In addition, on 15 December 2023, Akcome announced its investment plan for the production of HJT solar cells through its subsidiary Akcome Ganzhou. The total investment for the new project is 2.1 billion yuan (US$293.37 million). The project aims to increase the production capacity of HJT cells to meet the demand of Akcome’s customers. Currently, there are 2.95GW of HJT orders waiting for delivery, but Akcome’s production capacity cannot meet the demand. Akcome can currently produce a total of 3.2GW of HJT cells, 0.8GW of PERC cells and 10.5GW of modules per year from its four production bases in Suzhou, Ganzhou, Huzhou and Zhoushan cities in China.
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