The second phase of Jiaxing Ates project will be launched with an estimated annual output value of more than 10 billion yuan after it is put into production.

SMM: as the first phase of the Jiaxing Ates Solar Energy Technology Project is about to be put into use, on the afternoon of September 23rd, the second phase of the 5GW high-efficiency components and new materials project will also be launched, and the future output value is expected to exceed 10 billion yuan.

The first phase of the high-efficiency component production plant of Jiaxing Ates Sunshine Energy Technology Project has been topped, and mechanical and electrical equipment is being installed by Synchronize. According to the construction plan, the first phase of the plant will be officially put into use in November 2020.

While keeping the production capacity of the original high-efficiency components in the first phase unreduced, Ates added the second phase of the 5GW high-efficiency components project, and the new project is scheduled to start construction in the first quarter of 2021.

Ates New Materials Project is another major project in the photovoltaic industry chain after Ates Photovoltaic Research Institute. Its main business includes the production and sales of photovoltaic auxiliary materials such as EVA, junction box, welding strip and so on. The annual sales revenue is expected to reach 2 billion yuan after production.