GCL dilutes stock as senior note deadline approaches
Parent company hopes to raise $535 million from the move with $500 million worth of three-year senior notes owed by its solar project business due to mature on January 30.
The dash to glass
Hong Kong-listed solar company Irico New Energy is preparing to shunt its non solar glass business units into Chinese state-controlled parent Irico Group so it can treble its PV glass production capacity in 2024 with the help of a four-line, $108 million manufacturing facility.
Chinese PV Industry Brief: Longi, Jinko and JA Solar expect their combined capacity of 182mm modules will reach 54 GW next year
At a conference held in Shanghai last week, the three Tier-1 manufacturers explained that the entire Chinese PV industry will continue to adapt to the 182mm wafers over the next months.
Chinese PV Industry Brief: Module manufacturers call on government to ease PV glass limits
China’s largest PV manufacturers claim limits placed on solar glass production two years ago, to prevent over production, are now causing an industry bottleneck.
Chinese PV Industry Brief: Stable wafer and cell prices and another 2.2 GW solar-plus-storage project
Solar manufacturers Longi and Tongwei have frozen next month’s prices.
Chinese PV Industry Brief: Record residential solar installs and rumblings in the polysilicon market
The NEA has revealed more than 1.3 GW of solar capacity was added to Chinese rooftops last month, with more than 500 MW of it in Shandong province. While poly maker Daqo was forced to revise down its latest sales forecast it predicted a quick rebound in the current quarter.
Chinese PV Industry Brief: Inner Mongolia set for 5 GW solar-storage-hydrogen complex
The China Energy Investment Corp is planning to invest RMB22 billion in a facility in the autonomous region. The state-owned mining and energy company has signed a framework agreement with the government of the city of Yijin Holo Banner for the project.
Chinese PV Industry Brief: Tongwei and Longi hold wafer and cell prices
Plus, panel maker Risen began construction of a 15 GW cell and module factory in Yiwu, in the central Zhejiang province of eastern China.
Perovskite solar cell based on metal-organic framework with 22.02% efficiency
Scientists in Hong Kong have developed a cell they say retains more than 90% of its initial efficiency under accelerated testing conditions. The device is based on two-dimensional metal-organic frameworks.
Chinese PV Industry Brief: 1 GW of distributed solar came online in August
More than 1 GW of subsidized small solar arrays were installed in China last month alone and manufacturer Suntech has announced the start of operations at its 500 MW Indonesian cell and module fab.
