PVTIME – On 8 April 2024, a signing ceremony was held for the construction of a 5GW solar module production project in Bayan Mur, Inner Mongolia, China.
This project was jointly invested by JA Solar and Inner Mongolia Nur Energy Development Co., Ltd. with an estimated total investment of 1.4 billion yuan. The two sides will set up a company to manage the investment and construction. Once completed, the project is expected to generate an annual output value of 5 billion yuan and provide 700 jobs for local people.
The new project is an important part for the Bayan Nur region as the first solar module production project there, and aims to promote the development of local renewable energy generation. By the end of 2023, the city’s installed renewable energy capacity had reached 9,633 MW and the annual grid-connected capacity had reached 3,978 MW, an increase of 70%. In 2024, the city’s new energy capacity will exceed 10GW, with 6,838MW of new energy projects expected to be connected to the grid by the end of the year.
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