Trina Solar has announced its 2023 earnings results, while Autowell has secured a supply contract from Longi Green Energy.
China National Nuclear Corp. (CNNC), a Chinese state-owned nuclear producer, has revealed plans to procure 1 GW of inverters, while Mubon High-Tech said it may scrap its plans to build a 5 GW heterojunction solar cell factory in China’s Anhui province.
GCL System Integration (GCL SI), Trina Solar, and Risen Energy have all announced significant increases in revenue and net profit for 2023.
Shenzhen Hiking PV has unveiled plans to set up a joint venture with a state-run company to build gigawatt-level perovskite/polysilicon tandem cell and panel production capacity in Guangdong province, while Hoshine has announced progress at its PV integration park in Xinjiang.
China’s National Energy Administration (NEA) has revealed that China’s cumulative PV capacity reached 609.49 GW at the end of 2023.
JinkoSolar says it expects a 2023 net profit ranging between CNY 7.25 billion ($1.02 billion) and CNY 7.95 billion, while Arctech Solar says it anticipates a full-year net profit of CNY 354 million.
Hoshine says it will build a solar glass factory in Urumqi, the capital of China’s Xinjiang region, where it is also planning a 20 GW vertically integrated module manufacturing facility.
Huasun, a Chinese heterojunction module specialist, says it has invested CNY 5.4 billion ($761.2 million) in its new new 3.6 GW solar factory.
Aiko Solar has entered into a strategic cooperation agreement with Tianjin Energy Group, a state-owned energy enterprise based in North China.
Jinchen says it aims to raise CNY 1 billion ($140 million) through a private placement of shares.
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