A Chinese corporation leases 20 hectares of land to build a solar panel material factory of VND 8,000 billion in the northern province of Vietnam.
Date: 8/28/2023 7:59:34 AM
Boway Group has signed a land lease contract in Cong Hoa Industrial Park to build a factory to manufacture photovoltaic panels, solar conversion modules...
Recently, in Cong Hoa Industrial Park (Chi Linh), Boway Group (100% Chinese investment) signed a land lease contract of Vietnam Rubber Industrial Park and Urban Development Joint Stock Company (owner). investment in infrastructure of Cong Hoa industrial park) to implement the project.
Boway Group leases the entire plot of land with a total area of 20 hectares in Cong Hoa Industrial Park.
This enterprise will build a factory to manufacture photovoltaic panels, solar energy conversion modules, high-tech alloy strip panels... with a total investment of about 350 million USD.
The plant is expected to go into operation in 2024.
Boway Group is an enterprise specializing in the production of solar panels and modules, consisting of two main types, monocrystalline and polycrystalline, each with different specifications and sizes.
This company has a production line including advanced imported equipment, strict production field management process, and manufactured products have outstanding features such as high conversion rate, high stability. , low attenuation rate.
Currently, the Group has 3 companies in Bac Giang producing solar cells, exporting them to the European and North American markets, contributing to environmental protection, reducing the greenhouse effect as well as creating a premise for technology transfer. technology for Vietnamese affiliated enterprises.
(Source:Cong Hoa Chi Linh IP)