Arctech Solar says it plans to raise up to CNY 1.1 billion ($150 million) to expand its manufacturing capacity, while China Power Construction has opened bids for 1,500 MWp of n-type heterojunction PV modules.
JinkoSolar says it expects a 2023 net profit ranging between CNY 7.25 billion ($1.02 billion) and CNY 7.95 billion, while Arctech Solar says it anticipates a full-year net profit of CNY 354 million.
A new 120 MW solar installation spread across 11 rooftops in China’s Jiangxi province is now the world’s largest single-capacity, building-integrated PV project.
The two brands announced a strategic project at the SNEC solar conference and trade show which will see the establishment of trading and big data centers to help roll-out PV in China.
Cell manufacturer Aiko Solar is raising funds to increase its production capacity with 4.3 GW of new lines while Datang Corporation has inked a deal for a 1 GW desert project.
The ten largest solar tracker companies accounted for 88% of the market last year, according to analyst WoodMackenzie, with the market growing 20% from 2018.
The PV manufacturer announced the development of the new solar panels, which feature new M12 series monocrystalline wafers, at a conference on Thursday in the Chinese city of Ningbo. The 50-cell modules are actually slightly bigger than 72-cell designs with 156.75 mm wafers, it said.
Tracker and mounting structure supplier Arctech Solar recently presented its new products at Intersolar Europe in Munich. pv magazine dropped by the its display on the trade show floor to talk to the company’s executives about bifacial technology and tracking systems.
The global market for solar trackers expanded by 20% in 2018, with total international shipments spiking 36% year-on-year to surpass the 20 GW mark, according to a new report by Wood Mackenzie. NEXTracker and Array Technologies maintained their industry dominance, but a number of smaller competitors claimed a greater share of the global market in the 12 months to the end of December than ever before.
Things are hotting up in the tracker world as the desire to squeeze down the price per Watt of solar power intensifies. And the rise of the trackers is attracting some well-known businesses to buy their way into the field.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
Notifications