Longi and Shenzhen Energy have set up a joint venture to open an inverter factory in Xuzhou, Jiangsu province. The two companies will invest CNY 5.3 billion ($791 million) in the new facility, which will have a capacity of 10 GW and could also potentially host 10 GW of solar module production.
Solarspace has signed a deal with the government of Chuzhou, Anhui province, for a 16 GW solar cell manufacturing facility. The factory will be built in two 8 GW phases and produce cells based on 182 mm and 210 mm wafers. The total investment is CNY 10.5 billion. Solarspace has currently a cell production capacity of 19 GW and 4.5 GW of module production.
Energy China, one of the largest state-owned energy enterprises in China, has submitted a project proposal for a huge PV and concentrated solar power (CSP) complex in Xuzhou, in China's Xinjiang region. The plant will consist of a 1.35 GW solar array, a 150 MW CSP unit, and an unspecified amount of storage capacity.
Xinte Energy said it expects a net profit of CNY 5.5 billion to CNY 6 billion for the first half of this year. Last week, the manufacturer said that its solar and wind project development margins had increased, along with polysilicon prices.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.