Longi to mass-produce again contact photo voltaic cells – pv journal Worldwide

LONG stated its HPBC 2.0 cell expertise, launched in early 2024, is prepared for mass manufacturing. It stated it plans to take a position about CNY 3.21 billion ($442 million) in a brand new undertaking in Xixian New Area, Shaanxi province. The “Longi Green Energy Photovoltaic (Xixian New Area) Phase I” facility has an annual HPBC 2.0 cell capability of 12.5 GW. The undertaking is scheduled to start out manufacturing by the top of the 12 months, with full operation beginning in June 2025.

The Solar stated it has began the second section of its 10 GW tunnel oxide passivated contact (TOPCon) module undertaking in Jingshan Economic Development Zone, Hubei province. The plant covers greater than 400,000 sq. meters and homes the manufacturing traces for 10 GW of N-type TOPCon PV modules, together with 2 GW of photo voltaic cells and supporting infrastructure. The first section of development started in November 2022, with manufacturing beginning in May 2023. By the top of 2023, the plant had produced 3.18 GW of TOPCon modules. The development of the second section began in October 2023.

New Energy of Irico Group stated it expects between CNY 1.95 billion and CNY 2.05 billion in income for the six months to June 30, 2024, 51% to 59% from the identical interval final 12 months. It expects whole revenue between CNY 10 million and CNY 18 million, from a loss within the first half of 2023. Despite fierce competitors, Irico attributed the robust efficiency expectation to technological innovation, product upgrades, manufacturing unit value reductions, and effectivity measures.

Arctech Solar stated in a voluntary disclosure that it has roughly CNY 6.669 billion (excluding tax) in excellent orders. Tracking programs value about CNY 5.549 billion in whole, which is 183.11% 12 months on 12 months. Domestic clients accounted for about CNY 283 million in whole, whereas worldwide clients accounted for about CNY 5.266 billion.

CHN EnergyChangyuan Power Co.’s subsidiary, introduced plans to concern shares to not more than 35 particular buyers, together with its controlling shareholder, to lift as much as CNY 3 billion. It stated it can use the capital to finance 10 deliberate PV energy stations with a complete put in capability of about 2.25 GW.