As a joint venture established by Chinese Electrical Equipment Group in Jiangsu and Australian Photovoltaic Research Center, Nanjing Photovoltaic Science & Technology Co., Ltd is a new high-tech enterprise under the support of the state, which applies the internationally advanced solar energy technology and integrates the development, manufacturing, sales and technical service of solar cells. The registered capital at the first stage is RMB ¥10.8 million. The total investment at the first stage is RMB ¥30 million. The total design production capacity is 600 mega watts with a total output value of RMB¥15 billion.