GoodWe hosted the opening ceremony of the second phase of the Guangde manufacturing plant on May 22. GoodWe CEO and founder Daniel Huang, along with the Board of Directors and Company partners, laid the foundation for the investment in the project.
Since GoodWe’s listing in 2020, investor capital has propelled the company into a new phase of rapid development. With a total delivery of more than 2 million solar inverters and a total of 23 GW installations in more than 100 countries and regions, GoodWe is poised to take the lead in residential and commercial rooftops, industrial, floor-mounted & grid-connected large-scale systems and energy
Guangde’s strategic location will facilitate access to huge market opportunities in the Yangtze River Delta economic region. More than USD 52 million was invested in the construction of this new 68,000 m2 production facility, which will enable GoodWe to reach a production capacity of 25 GW and meet the increasing demand. The project is expected to be completed in June 2022, while the production line is expected to be officially operational in the third quarter of 2022.
Daniel Huang made the following statements: “With the 2nd phase of our Guangde production facility, the company’s production capacity, industrial image and influence will increase rapidly. GoodWe will also rapidly increase its market share by meeting the growing global demand for PV products. GoodWe will continue to devote its efforts mainly to power electronics technology, making the most of progress in the solar industry, while expanding its influence in photovoltaics, energy storage, smart energy and other fields, and creating a new era of smart energy. GoodWe is committed to being the main driver of the global energy transition and creating a sustainable future for the Earth, humanity and future generations. The world is currently going through the transition from traditional fossil fuels to clean energy and GoodWe certainly plans to play a key role in this transition. The start of phase 2 of the Guangde manufacturing facility is a new milestone for GoodWe and a new starting point on the road to the future of smart energy.”