JinkoSolar has damaged floor on a 56 GW PV panel manufacturing unit in China’s Shanxi province. It says the brand new facility shall be vertically built-in and shall be constructed in 4 14 GW phases.
JinkoSolar has began constructing a 56 GW vertically built-in module manufacturing unit in Shanxi province. The challenge, located within the Shanxi Complete Reform Demonstration Zone, entails a complete deliberate funding of CNY 56 billion ($7.8 billion), divided into 4 phases. Every part will embrace 14 GW for the combination of ingots, wafers, photo voltaic cells, and modules. All phases are projected to be accomplished inside a two-year development interval. The primary-phase and second-stage tasks are on monitor to begin manufacturing within the first quarter and second quarter of 2024, whereas the third part and fourth part are scheduled for completion and manufacturing in 2025.
Hainan Drinda New Vitality Know-how (Drinda) mentioned it’s going to make investments an unspecified sum in a photo voltaic cell manufacturing unit that Hoang Thinh Dat is constructing in Vietnam. The plant, with a design capability of 14 GW of photo voltaic cells, is situated within the Southeast Financial Zone of Nghe An province, on 50 hectares throughout two phases. The preliminary part, set for completion within the fourth quarter of 2024, will cowl 30 hectares with a complete funding exceeding $450 million.
Flat Glass has reported its annual outcomes for the yr ending Dec. 31, 2023, with CNY 21.52 billion, of working income, up 39.21% from the previous yr. It mentioned its internet revenue for 2023 was CNY 2.75 billion, up 30% yr on yr.
Irico Group New Vitality has reported CNY 3.14 billion of annual income for the yr to Dec. 31, 2023, up from CNY 2.47 billion in 2022. Regardless of larger glass product gross sales, the corporate has reported a internet lack of CNY 230.96 million for 2023, down from CNY 89.23 million within the previous yr. Irico Group New Vitality mentioned it expects an upward pattern in glass costs to enhance gross sales ends in the yr forward, with further progress anticipated when its Jiangxi photovoltaic challenge commences manufacturing.
pv journal print version
The March version of pv journal focuses on power storage. It seems on the potential for sodium-ion to topple lithium-ion, explores compressed air know-how, and considers the very best approaches for photo voltaic and storage in Africa.
Solargiga Vitality Holdings has introduced its annual outcomes for the yr to Dec. 31, 2023. Its gross sales hit CNY 7.19 billion, in comparison with CNY 6.86 billion within the previous yr. Its revenue attributable to father or mother shareholders was CNY 111.9 million, down from a revenue of CNY 957.2 million in 2022. The corporate mentioned it had 9.8 GW of module capability on the finish of 2023.
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