JinkoSolar has revealed plans to issue global depositary receipts (GDRs) on the Frankfurt Stock Exchange to raise €580 million ($627.6 million).
Arctech Solar says it has signed a 2.3 GW tracker order from Saudi Arabia, where it will supply trackers designed for the region’s desert terrain and high winds.
China’s Hithium has joined hands with a local partner to establish a 5 GWh production facility in Saudi Arabia. It has also unveiled its specialized energy storage solutions tailored for desert applications.
Sungrow says it is planning a listing on the Frankfurt Stock Exchange to support its inverter and energy storage manufacturing operations beyond China.
China Resources Power has finalized its 1 GW module procurement for 2024 with Astronergy, while China Power Construction has secured 1.5 GW of n-type heterojunction (HJT) modules through a separate tender.
The Chinese PV manufacturer said its new module series has a power conversion efficiency of up to 24.8% and temperature coefficient is -0.26% per C.
China’s stock market surged over six trading days around the recent National Day holiday, TCL Zhonghuan appointed Wang Yanjun as its news CEO, and Runergy started production at its new 2 GW solar module plant in Alabama, amid a looming patent lawsuit from Trina Solar.
Tongwei has landed a 1.17 GW solar panel order for Saudi Arabia’s Muwahy project, led by ACWA Power.
China’s National Energy Administration (NEA) says the nation’s cumulative installed solar capacity reached 750 GW in August, on 139.99 GW of new capacity additions in the first eight months of 2024.
Golden Solar New Energy Technology says its subsidiary, Golden Solar (Quanzhou), has started a CNY 659 million ($93.4 million) joint heterojunction (HJT) solar venture with Longi and JP-Solar Power.
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