Image: WiNG, Wikimedia Commons
ZNShine Solar mentioned it has submitted an software to the China Securities Regulatory Commission (CSRC) to problem H-shares and record them on the HKEX. The firm, based in 2006, operates three factories in China with a complete capability of about 10 GW. It plans to increase additional into China and Indonesia.
GCL SI mentioned it expects income between CNY 7.8 billion ($1.07 billion) and CNY 8.5 billion for the primary half of 2024, up 39.15% to 51.64% year-on-year. The firm expects a internet revenue lower of 53.38% to 64.14%, from CNY 40 million to CNY 52 million, as a result of lower in product costs and elevated competitors. Despite this, it says that it has recorded a better quantity of cargo and revenue as a result of efficient value of manufacturing of cells and modules.
Datang Corp. mentioned it has launched a young for PV inverters for the 2024-25 interval. This consists of 12 GW of high-power string inverters, 3 GW of centralized inverters, and 1 GW of distributed string inverters. Bids will open on August 6, 2024, and deliveries will final till June 30, 2025.
China Huadian Corp. mentioned it’ll quickly begin constructing a 3.5 GW hydro-solar undertaking on the higher reaches of the Jinsha River in Sichuan. The undertaking, the biggest renewable power initiative within the province, consists of three photo voltaic installations: 1.6 GW in Dayi, 700 MW in Larung, and 1.2 GW in Zhongzan. The arrays will work in tandem with an upstream hydropower base.
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