Chinese silicon manufacturer GCL System Integrated (GCL-SI) issued an announcement on Wednesday on changing the purpose of the raised funds. According to the company’s long-term strategic planning and the market demand of the photovoltaic industry, the company planned to change the raised funds of “Hefei GCL-SI 2.5 GW Shingled Module Project” and invest in the construction of “Hefei GCL-SI 15GW PV Module Project”. The proportion of the amount of funds raised in this change in the net amount of funds raised is 20.07%. The total investment of the project is RMB 2.10031 billion yuan, including RMB 1.46 billion yuan in fixed assets and RMB 6403.1 million yuan in initial working capital. All the raised funds will be used for the capital expenditure of the project, and the rest will be solved through bank loans and self raised funds.
Chinese investment company Towngas Energy and Longi held a signing ceremony of the strategic cooperation framework agreement in Xi’an, northwest China’s Shaanxi Province on July 28th, officially announced the conclusion of strategic cooperation. Guided by the national dual carbon goal, the two sides will establish an all-round strategic cooperative relationship based on the principle of complementary advantages and mutual benefit. Combining the resource advantages of Towngas Energy and Longi, the two sides will jointly build a zero carbon smart park and provide comprehensive smart energy solutions including zero carbon park planning, photovoltaic power generation and hydrogen energy for the park and users.
Chinese solar wafer provider Zhonghuan Semiconductor gave corresponding answers to the questions raised by investors yesterday, including the company’s current silicon wafer production capacity, the technology for manufacturing silicon wafers with granular silicon, and the procurement source of silicon materials used in semiconductors. The Board Secretary of the company said that as of the end of June, the company’s photovoltaic material production capacity had been increased to 70 GW. By the end of this year, the company planned a production capacity of 85 GW, of which 50 GW was for G12. The usage of granular silicon is related to the company’s procurement, supplier’s supply capacity and product price. In addition, the company attaches great importance to the technology accumulation and innovation of photovoltaic industry, and has a good grasp of the production technology of all links of products. The company’s silicon material procurement has a long-term and stable supply system and good supply structure. The procurement plan is implemented in combination with the company’s capacity demand, and the supply and procurement are in good condition.
Chinese oil and gas giant Sinopec’s Beihai Refining and Chemical signed a new energy cooperation project with Sinopec Star Co., Ltd on Wednesday to implement the first photovoltaic project deployed by Sinopec in south China’s Guangxi. The designed total installed capacity is 35.5 MWp. The construction scale of phase I is 19.45 MWp on the DC side, with an annual power generation of 23 million KWh, saving 7,175 tons of standard coal and reducing 19,118 tons of carbon dioxide.
Diamond-wire cutting equipment supplier Gaoce Technology announced yesterday that the company had signed a product sales contract with JA Solar Qujing branch on the photovoltaic cutting equipment, with a total amount of about 15,888 million yuan. The contract stipulates that the company will deliver the goods to the designated place in Qujing in batches from July 2021 to January 2022, and complete the installation, commissioning and quality assurance after delivery.
Canadian Solar announced on July 27th that it has successfully obtained BRL $500 million (US $100 million) financing for the development and construction of photovoltaic power plant projects from BTG Pactual and Itaú BBA Bank of Brazil. Canadian Solar has occupied a leading position in the Brazilian photovoltaic market. The company will use this financing to support the development and construction of PV projects in Brazil, covering up to 709% of the company’s own funds, which is an innovative financing structure in the Brazilian market.
SOFARSOLAR photovoltaic grid connected inverter took the lead in obtaining the new version of AS/NZS 4777.2 Certification, and was successfully listed in Australian Clean Energy Council (CEC) on July 20, 2021, marking that its inverter fully meets the new Australian standards and is the first to be introduced to the Australian market. Standards Australia is the only standard setting body designated by the Australian federal government. Only PV modules and inverters meeting Australian standards (AS/NZS 4777 and AS/NZS 5033) can be used for PV system design and installation. The unique list of approved products is updated by the .
The domestic low-temperature silver slurry developed by Fujian JP-Solar in cooperation with Suzhou iSilver Materials was successfully introduced into the large-scale production of heterojunction (HJT) solar cells, which is of great significance for the cost reduction of HJT cells and the industrialization of domestic low-temperature silver slurry. At present, JP-Solar has used more than 1,500 kg of domestic low-temperature silver slurry produced by iSilver Materials, and more than 10 million pieces of HJT cells accounting for over 60 MW.
