Shengji Green Energy has announced a plan to invest 10 billion yuan aimed at enhancing its production capacity. The company is set to allocate 60 billion yuan in cash flow, with expected revenue reaching 47 billion yuan by 2025.
On May 28, 2025, at 11:59 AM, Shengji Green Energy reported through its financial app that it will focus on producing 15GW of high-efficiency solar panels by 2021. This transition aims to shift production efforts toward the 12GW high-efficiency solar battery project, with an investment of 10.8 billion yuan.
The primary reason for this adjustment is the demand for battery cells driven by the BC (Bifacial Cell) technology. Currently, Shengji’s production capacity is already exceeding expectations, and the BC technology is considered a leading-edge technology for the next generation of solar manufacturing.
In recent years, the manufacturing capacity has been influenced by price fluctuations in the market, resulting in a 35%, 45%, and 25% decline in prices for different solar products in the market. Shengji’s output capacity using PERC (Passivated Emitter and Rear Cell) technology is facing pressure, with projections indicating a decrease in sales by 2024.
By the end of 2024, Shengji’s total production capacity is expected to reach 59.83%, with a cash flow of 47.25 billion yuan. This indicates a strong demand in the market, particularly for solar products.
Looking ahead, the company is expected to maintain a sustainable production strategy, with an estimated production capacity of 170GW, 80GW, and 120GW in various segments. However, the actual cash flow might only reach 44.44GW, 31.34GW, and the production lines may require further investment to meet market demands.
In terms of technology upgrades, Shengji plans to enhance its production capabilities by improving the PERC production lines and transitioning to HPBC (High-Performance Bifacial Cell) technology, targeting a conversion efficiency of 24.4% by May 2024. This improvement is expected to yield a capacity of 50GW by the end of 2025.
However, the BC technology is facing some challenges. Initial production volumes are limited, and there have been delays in supply and production. The demand for BC cells is high, and the market is responding accordingly.
In conclusion, Shengji Green Energy is positioned to lead the market, with potential growth driven by technological advancements and strategic investments. The company aims to enhance its sustainability and innovation in the solar energy sector.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/green-energy-target-set-at-10-trillion-yuan-amidst-market-adjustments-and-significant-revenue-shifts/
