China Resources Power stated that GCL System Integration (GCL SI) and Huayao PV gained the second batch of PV module procurement for 2024, amounting to 1.85 GW. GCL SI will get the primary two shares, with 1.3 GW of anticipated orders, whereas Huayao PV is seen taking 550 MW.

Lingda Group stated it’s going to cease its funding within the Tongling high-efficiency PV cell manufacturing base venture, initially deliberate to have 20 GW of annual capability. The venture includes an estimated funding of CNY 9.15 billion ($1.26 billion). The firm says that it now must successfully management the dangers of exterior funding.

New Energy in Sichuan Shuoyang Heterojunction stated it plans to put money into a ten GW HJT cell venture in Leshan, Sichuan province. The firm stated it’s going to construct the CNY 3.5 billion venture in two 5 GW phases.

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