Wuzhong Economic and Technological Development Zone signs six projects worth 6.3 billion yuan, including Suzhou Sunwell’s capital increase and expansion. The Sunwell New Energy Equipment R&D and Production Headquarters Project, a major initiative investing 2 billion yuan, aims for 43.2 acres. It foresees an annual revenue of 14 billion yuan and an annual tax payment of 52 million yuan upon full production in various sectors like inspection and testing, photoresist, new energy, automation equipment, and high-end medical equipment.
Suzhou Sunwell’s expansion leads Wuzhong’s economic surge
The company, boasting a senior R&D and manufacturing team of over 300 individuals, focuses on advanced metallization solutions for solar cells. Image Credit weixin.
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)