LONG plans to problem as much as CNY 10 billion in bonds with a maturity interval of not more than seven years. The issuance might embrace normal company bonds, perpetual company bonds, short-term company bonds, technological innovation bonds, and inexperienced bonds. The firm mentioned the particular phrases and scale of the issuance can be based mostly on its funding wants and market circumstances on the time of issuance. It famous that it’ll primarily use the funds to fulfill operational wants, improve working capital, repay interest-bearing loans, and help undertaking building and operation.
China Resources Power introduced the successful candidates for the second spherical of PV module procurement for 2024. It chosen six firms – GCL SI, Goking, Eging PV, Tongwei, Huansheng Solar, and Huayao PV. The procurement spherical consists of 1.85 GW of n-type modules, divided into three bids: 550 MW, 750 MW, and 550 MW. All PV modules are n-type bifacial double-glass monocrystalline silicon photo voltaic panels. GCL Integration is the main candidate for the primary and second bids, probably securing a complete order of 1.3 GW of modules.
Haita Solar has begun operation of a brand new PV module and mounting bracket manufacturing facility in Yanqi county, Bazhou, Xinjiang area. The CNY 200 million manufacturing facility features a 1 GW PV module manufacturing workshop and a 1 GW PV mounting bracket manufacturing workshop. It is provided with greater than 300 superior automated manufacturing and testing machines, together with soldering machines, laminators, framing machines, and infrared testers. Once accomplished, Haitai Solar will use the power to produce merchandise on to PV tasks put in on land in Xinjiang.
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