Plans to Invest 282 Million in Germanium Project for Space Solar Cells; Yunnan Germanium Industry States Urgent Need to Expand Capacity
[Plans to Invest 282 Million Yuan in Germanium Project for Space Solar Cells; Yunnan Germanium Says Capacity Expansion Is Urgently Needed]
Yunnan Germanium announced plans for a total investment of 282 million yuan to implement the "Germanium Wafer Construction Project for Space Solar Cells." Specifically, the project is expected to be carried out by Zhongke Xinyuan, which will lease factory buildings within the existing production site, adding 115 units (sets) of major process equipment and auxiliary facilities. The construction period is expected to last 18 months. Based on the existing capacity, new capacity will be added, reaching an annual production capacity of 1.25 million germanium wafers (calculated as 4-inch equivalents) by year-end 2025. Upon project completion, the annual production capacity is expected to reach 2.5 million germanium wafers. The funding sources will include self-owned funds and loans from financial institutions.