TCL, one of China’s biggest electronics manufacturers, has acquired Zhonghuan Semiconductor. The National Energy Administration, meanwhile, reported record growth for the distributed-generation PV segment in June.
JA Solar began work on a 300 MW solar plant in Liaoning province last week, while state-run Huaneng launched a fiscal 2020 tender for 5 GW of inverters and another 5 GW of PV modules.
Suntech is set to expand production at two factories in Jiangsu province. TCL Tech, meanwhile, has vowed to buy a 100% in Zhonghuan Semiconductor.
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.
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.
Daqo revealed it will list its main production unit in Shanghai, while Goodwe secured approval for its own plans to list shares. Cybrid Technologies, meanwhile, said it will ramp up production of polyolefin elastomer (POE) encapsulant films.
Cell manufacturer Aiko Solar is raising funds to increase its production capacity with 4.3 GW of new lines while Datang Corporation has inked a deal for a 1 GW desert project.
Sveck, China’s top supplier of EVA films for PV modules, has revealed plans to list shares in Shenzhen. China Guangdong Nuclear Power Corp. has selected Longi and EGing to respectively supply 238 MW and 112 MW of panels for its projects, with Longi also announcing wafer price cuts. Jincheng Machinery, meanwhile, has started raising funds to develop a new production line.
Jinko Power has moved forward with plans to list shares on the Shanghai Stock Exchange, while Trina Solar said that the China Securities Regulatory Commission has approved its application for its own initial public offering. Polysilicon producer Daqo, meanwhile, reported solid first-quarter results, and the organizer of the SNEC solar show changed the exhibition’s dates and location once again.
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