Longi plans to concern as much as CNY 10 billion of bonds with a maturity interval not exceeding seven years. The issuance could embody common company bonds, perpetual company bonds, short-term company bonds, technological innovation bonds, and inexperienced bonds. The corporate stated the precise phrases and scale of the issuance will likely be based mostly on its funding wants and prevailing market circumstances on the time of issuance. It famous that it’ll primarily use the funds to fulfill its operational wants, complement working capital, repay interest-bearing money owed, and assist mission building and operations.

China Assets Energy has introduced the successful candidates for its second PV module procurement spherical for 2024. It shortlisted six firms – GCL SI, Goking, Eging PV, Tongwei, Huansheng Photo voltaic, and Huayao PV. The procurement spherical consists of 1.85 GW of n-type modules, divided into three bids: 550 MW, 750 MW, and 550 MW. All the PV modules are n-type bifacial double-glass monocrystalline silicon photo voltaic panels. GCL Integration was the highest candidate for the primary and second bids, doubtlessly securing a complete order of 1.3 GW of modules.

Haitai Photo voltaic has began operations at its new PV module and mounting bracket manufacturing facility in Yanqi county, Bazhou, Xinjiang area. The CNY 200 million manufacturing facility features a 1 GW PV module manufacturing workshop and a 1 GW PV mounting bracket manufacturing workshop. It’s geared up with greater than 300 superior automated manufacturing and testing machines, together with soldering machines, laminators, framing machines, and infrared testers. As soon as accomplished, Haitai Photo voltaic will use the ability to produce merchandise on to ground-mounted PV initiatives in Xinjiang.

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