PVTIME – On August 4, Changzhou Bbetter Century Film Technologies Co., Ltd. (hereinafter referred to as “Betterial”) announced it has signed a project investment with the Xianyang City Equipment Manufacturing Industrial Park Management Committee of Shaanxi Province and Xianyang Qindu District State-Owned Investment Company.
According to the agreement, Betterial intends to invest in the construction of an 8GW photovoltaic module EVA film project in Xianyang, Shaanxi. The total investment of the project is estimated to be 500 million yuan, and the plant is projected to begin production gradually in 2022.
The project is to be implemented in two phases. The first phase requires an investment of 300 million yuan to establish 5 production lines combining for a production capacity of 4GW. The annual output value of phase I is expected to be 360 million yuan. The second phase will bring on line 5 additional production lines, bringing the total production capacity of the plant to 8GW. Upon completion, the annual output value of the plant will be approximately 1 billion yuan.
The Xinyang plant will become Betterial’s fourth production base established in the world after Changzhou, Yancheng, and Vietnam.
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