PVTIME – Suzhou MedicalSystem Technology Co., Ltd. (MedicalSystem, 603990.SH), a Chinese national high-tech enterprise engaged in clinical informatics and digital hospital solutions, announced that its solar cell smart factory in Mianyang City, Sichuan Province, China, has become operational.
The TOPCon products have passed the test of China National Measurement and Testing Centre of Photovoltaic Industry, a third-party authority, with a conversion efficiency of 26.07%.
This particular project was signed in February 2023 and is expected to produce high-efficiency n-type solar cells with a capacity of 9GW per year, with a total investment of 1.862 billion yuan (US$259.56 million). The super-smart factory, which includes a research centre, automated production lines, testing, storage and logistics facilities, as well as supporting and auxiliary equipment and offices, is expected to create around 1,300 jobs for local people. Meanwhile, the company has acquired the shares of Xinhao New Energy as the main entity to handle the new projects related to its new energy business.
These investments will diversify the business into medical information technology + specialised medical services + photovoltaic industry for medical system. And the new solar cell project is expected to promote the growth of the company’s revenue and profit, and can provide financial support and improve the overall competitiveness of the company, MedicalSystem said.
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