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Chinese PV Industry

Chinese PV Industry Brief: JinkoSolar announces Jiangxi Jinko’s IPO pricing

Jiangxi Jinko plans to issue 2 billion shares at RMB5.00 per share and expects to raise net proceeds of around RMB 10.0 million. Solar manufacturer Solargiga said it expects a 17% revenue growth for 2021.

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Chinese PV Industry Brief: Jinko switches on 8 GW TOPCon factory, Tongwei announces skyrocketing profits

Solar manufacturer JinkoSolar announced on Wednesday that its 8 GW TOPCon cell factory in the Anhui Province has started manufacturing activities. Polysilicon supplier and solar cell maker Tongwei announced on Thursday it expects to achieve a net profit of up to RMB 8.5 billion ($1.33 billion) with a YoY increase of around 136%.

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Chinese PV Industry Brief: PetroChina reveals results of 4.5GW procurement tender

The energy company will buy panels from JinkoSolar, Risen Energy, Canadian Solar, JA Solar, GCL Integration and Longi. Elsewhere, Xinyi Solar and Golden Solar have both announced new transactions to strengthen their business.

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Chinese PV Industry Brief: Zhonghuan further reduces PV wafer prices

Solar manufacturer Zhonghuan Semiconductor has further decreased the prices of most of its PV wafers, while Beijing-based project developer Jingneng Clean Energy Co., Ltd (JNCEC) announced on Wednesday that its board has approved an investment plan for the construction of a 1GW renewable energy project in Inner Mongolia.

Chinese Industry Brief: CATL inaugurates 120 GWh lithium-ion battery factory

The lithium-ion battery producer began manufacturing activities at its new factory in Ningde city, Fujian Province. Aiko Solar has also secured 4,515,000,000 wafers for the next three years through three different supply deals.

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Chinese PV Industry Brief: Daqo announces $5.2bn investment to expand capacity

The polysilicon maker has announced it wants to build another factory in in Baotou City, Inner Mongolia. Elsewhere, the National Energy Administration has said new PV installations for the first 11 months of the year totaled 34.83 GW.

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Chinese PV Industry Brief: CPIA expects no more than 55 GW of new PV capacity this year

The world’s biggest solar market is expected to add between 45 and 55 GW of new solar in 2021, the head of the China Photovoltaic Industry Association has revealed. Furthermore, Longi has further lowered its wafer prices and Xinyi Solar said it wants to build a new US$942 million solar glass factory in Yunnan Province.

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Chinese PV Industry Brief: A 20 GW wafer factory under construction and more polysilicon capacity

Fuxing New Energy is building a wafer factory in Anhui Province and Tongwei is moving forward with its plan to increase polysilicon capacity to 430,000 metric tons by the end of 2023.

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Chinese PV Industry Brief: Microinverter manufacturer Hoymile raises $880 million through IPO

The Hangzhou-based microinverter maker is now listed on the Shanghai Stock Exchange (SSE).

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Chinese PV Industry Brief: Another manufacturer, Zhonghuan, reduces PV wafer prices

The solar manufacturer has lowered the prices of its PV wafers by up to 12.5%. In other news, Haiyuan Material (HYM) has begun deploying production lines at its 5 GW heterojunction PV module factory.

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