BEIJING, Feb. 25 (Xinhua) – Longi Green Energy Technology Co. (601012.SH) announced recently that it will invest overall 6 billion yuan in multiple monocrystal projects both at home and abroad.
According to the announcement, the company planned to invest 840 million yuan in a monocrystal battery project in Malaysia with an annual output capacity of 1 gigawatt (GW). The project is expected to generate 1 billion yuan of revenue and 96 million yuan of profits annually. (Edited by Yang Yifan, yangyifan@xinhua.org)
A single purchase
