The solar manufacturer has landed its biggest engineering, procurement and construction services deal and will work on solar facilities in Europe and Latin America which will come online before 2023.
Longi has also joined the 500 W-plus module club with its new Hi-Mo5 product, while Sunport has announced to expand production of its MWT module.
Suntech is set to expand production at two factories in Jiangsu province. TCL Tech, meanwhile, has vowed to buy a 100% in Zhonghuan Semiconductor.
The controlling shareholders of Shenzhen-listed solar manufacturer Jolywood have agreed to sell their stakes to state-owned WJ Energy, as two more power companies revealed big plans for new capacity. NYSE-listed Daqo, meanwhile, is mulling an IPO in its homeland.
Seven PV module manufacturers – including JinkoSolar, Longi and JA Solar – won supply contracts this week in a 3 GW procurement round held by China National Nuclear Corp. Flat Glass revealed plans to raise $282.6 million to expand production, while the National Energy Administration reported growth in the residential PV segment.
Talesun has announced plans to deploy 1 GW of new heterojunction solar cell production capacity, while rack manufacturer Akcome Technologies revealed plans to annually produce 2 GW of the same tech. Panda Green, meanwhile, has secured the exclusive rights to a 1 GW project featuring PV and photothermal generation.
Longi will build 600 MW of unsubsidized PV in Datong, Shanxi province. The Shanghai Development and Reform Commission, meanwhile, has unveiled new 2020-21 FITs. Yingli is undergoing restructuring, while Trina had a solid listing debut in Shanghai.
Risen Solar has unveiled plans for a 15 GW cell and module fab in Yiwu City, Zhejiang province and China South Glass is fundraising for a PV glass factory in Anhui province. Such growth, however, may be slowed by the introduction of new standards by the government.
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