SANY Signed a Memorandum of Cooperation with Zambia about the Photovoltaic Project

SANY Signed a Memorandum of Cooperation with Zambia about the Photovoltaic Project

On 15th, May, the China-Zambia High-quality Development Cooperation Forum was held in Lusaka, the capital of Zambia. Under the witness of the President of Zambia and the Chinese ambassador in Zambia, Mr. Jiang Qingbin, vice president of SANY Group and president of SANY Africa, and Zambia’s Minister of Energy inked a Memorandum of Cooperation.

 The agreement centered on a pioneering venture—a 30MW photovoltaic power and 60MWh energy storage project for Ruida Mining, emblematic of the "mine, photovoltaic power, and electric product" business model.

In this year, SANY plans to invest about 8 billion yuan in the photovoltaic whole-industry chain project which includes 10GW silicon wafers, 5GW modules, and panel mounts.

As a new force in the industry, in the future, SANY Silicon Energy will focus on the research and industrialization of the whole process technology in the field of silicon wafers, slicing, cells, and modules. We will actively explore the green energy solution in the industry's energy-intensive manufacturing process.