CHN Energy’s Massive Solar Module Procurement
In a recent tender, CHN Energy successfully procured a staggering 10 GW of solar modules at an average price of CNY 1.07 ($0.15)/W. Notably, Longi, Tongwei, Astronergy, and JinkoSolar emerged victorious in this procurement, signaling a significant boost for these solar module manufacturers.
SPIC’s State-of-the-Art Solar Factory in Wenzhou
State Power Investment Corp. (SPIC) has commenced operations at its cutting-edge 5 GW heterojunction solar cell and module factory in Wenzhou, Zhejiang province. These modules, utilizing copper as a busbar material, aim to optimize costs while projecting an impressive average power output between 700 W and 720 W in mass production.
JinkoSolar’s Expansion Plans in Florida
JinkoSolar has received approval from Jiangxi’s branch of the National Development and Reform Commission for its ambitious 1 GW solar module factory project in Florida, USA. With a planned investment of $82.7 million, the company aims to revamp an existing facility in Jacksonville with state-of-the-art equipment, contributing to the flourishing solar industry in the United States.
GCL SI’s Robust Financial Performance and Future Ventures
GCL SI has reported robust financials for the first nine months of the year, boasting a remarkable 97.43% YoY increase in revenue, reaching CNY 9,412 billion. The net profit surged by an impressive 240.78% YoY, amounting to CNY 142 million. The module manufacturer is set to issue shares to fund an ambitious 20 GW cell production project in Wuhu, Anhui province, signaling further growth in China’s PV industry.
Source:pv-magazine
