3.6 billion building PV garden super-sun New Energy

In the face of solar vast market space, Super Sun (002506, closing price of 48.5 yuan) also sit still.　　The company announced today (January 13) that it would invest 3.6 billion yuan in the construction of the solar (Luoyang) photovoltaic industry Park. Investment and construction of photovoltaic industry Park Sun today's announcement said combining Luoyang Yanshi government investment, Yanshi Industrial Zone good Investment environment, Yanshi PV Industry superior supporting conditions and the company's Crystal silicon solar cell development and production advantages, by the company and Luoyang Yanshi Industrial Zone Management Committee friendly consultation,　　The company is to reach an agreement on the construction of the solar (Luoyang) photovoltaic industrial park in Yanshi industrial zone. According to the agreement, the total investment of the project is 3.6 billion yuan, the project plan construction period from June 2011 to June 2016, in four phases of construction, of which investment of 900 million yuan per period, the project will be built each phase of 200MW polysilicon solar cell project (from Silicon ingot to battery film), the overall project to the postpartum,　　Total capacity will reach 800MW. Super Sun this big investment in photovoltaic industry, is a fancy solar cell future development space. Data show that with the increasing technology of solar energy utilization, especially the application of photovoltaic technology in solar power generation, it provides a wide space for solar energy products.　　At present, the world's only solar residential construction investment reached 120 billion U.S. dollars, the international solar cell market in recent years also in short supply, the global sales volume of more than 30% per annum, is expected to 2014 annual sales amount will be more than 100 billion U.S. dollars.　　Super Sun said that the project phase I, two (annual output of solar cell 400MW) total investment of 1.8 billion yuan, the project construction period of 3 years, the project to achieve the expected annual sales income of 3.822 billion yuan, annual average profit of 546.201 million yuan, investment recovery period is expected to 6.7 years.　　Overseas to set up a subsidiary in the planning to build photovoltaic industry park, the Super Sun also do not forget to expand outward. The Sun also announced today that the company plans to set up a wholly-owned subsidiary Chaoriluxembourgsolarenergyscience&technologysarl in Luxembourg.　　The new company registered capital of 100,000 euros, mainly engaged in the European solar market development and related investment business. The Sun thinks that with its excellent geographical location, located in the heart of Europe, close to Frankfurt and Paris, Luxembourg is conveniently connected to Germany, France, Belgium and the Netherlands, and has a relatively secure and stable political environment and is a member of the most important economic and political institutions in Europe, can provide preferential tax policies for foreign companies.　　Therefore, it is conducive to the company to open up the European market. Industry insiders said that the sun's move over the day has two major intentions. First of all, can help the company crystal Silicon Solar energy industry chain capacity matching and expansion, is conducive to strengthening the upstream or similar enterprises and cooperation and expansion, secondly, to expand the brand in the European market influence,Improve product export and profitability, will also have a positive impact.