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.
The oil giant says it will use the electricity provided by two 50 MW batteries to optimize the integration of renewables nearby. The task will be undertaken by the group’s Limejump unit. The energy storage units are set to be operational this year.
The state-owned electric utility is preparing to acquire seven project companies in China, generating $156 million for the developer and removing a further $385 million of liabilities from its books.
The wind power generator also has a 930 MW solar portfolio but did not take big steps in unsubsidized PV during the first six months of the year.
While lacking the swarming crowds of previous years, the 2019 SNEC in Shanghai remained a focal point of the global PV industry when it comes to industrial solar cell and module manufacturing and technology. Here are five hot technology takeaways from the pv magazine team on the show floor and conference sessions.
The polysilicon, ingot, wafer, cell and module giant made two huge announcements this week, with plans to almost double wafer manufacturing capacity just as it moves to sell off its PV project development business to state-owned energy giant China Huaneng Group.
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