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3 billion Investment! Taoistic Group 7GW PV Module + 5GWh Energy Storage Project Signed

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Recently, the signing ceremony for key industrial projects in Jintan District, Changzhou City was held. Municipal Party Committee Secretary Chen Jinhu, Jiangsu Provincial Party Committee Deputy Leader of the Fifth Inspection Team Xu Jie, District Four Team Leader Lu Qiuming and others attended the event. “Taoistic Solar Photovoltaic Module and Storage Industrial Park Project in Zhulin Town” was signed, as the first batch of key industry signing projects.

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At the signing ceremony, Liu Liang, Chairman of Taoistic Solar Technology (Changzhou) Co., Ltd., and Shao Kai, Member of the Party Committee and Deputy Mayor of Zhulin Town, signed the contract as signing representatives respectively. It is reported that Taoistic Solar Technology (Changzhou) Co., Ltd. plans to invest in the construction of 7GW high-efficiency photovoltaic modules and 5GWh energy storage battery projects in Jinxi Industrial Park, and establish a Taoistic photovoltaic and storage integrated headquarters industrial park. The total investment of the project is about 3 billion RMB, and 238 acres of new land are planned to be acquired. After the project is completed, it is expected to achieve annual sales revenue of 12.5 billion RMB and tax revenue of over 200 million RMB.