Sunrev Group says it has signed an settlement with the administration of Xining, Qinghai province, to assemble an built-in photo voltaic cell and module manufacturing facility. The corporate will make investments CNY 40 billion ($5.56 billion) within the new manufacturing unit, which can characteristic a 40 GW wafer capability and 20 GW capability for each cells and modules. The venture is anticipated to generate 12,000 jobs and a GDP output of CNY 38 billion yearly.
GCL Know-how, a PV polysilicon and wafer producer, has reported unaudited income of CNY 921 million for the primary 9 months of the yr. It produced 53,607 tons of granular silicon, shipped 67,607 tons (together with 3,611 tons used internally), and manufactured 15 GW of wafers, with 7 GW destined for an unspecified OEM. Gross sales included 15 GW, of which 6 GW had been OEM wafers.
APSystems, a PV inverter producer, has revealed plans to spend money on and construct a 150 MWh distributed vitality storage venture in Jiangsu province, costing roughly CNY 200 million, and a 30 MW photo voltaic PV farm in Jiaxing, Zhejiang province, with an estimated value of CNY 120 million. These new ventures signify APSystems’ enlargement into vitality storage and photo voltaic PV farm funding and development.
Datang Group, a Chinese language property growth firm, has launched its 2023-24 photo voltaic module procurement tender, aiming to safe 5 GW of n-type panel merchandise. The bidding submission deadline is Nov. 7.
