Picture:
NingBo Deye Inverter Expertise
China-based inverter producer NingBo Deye Inverter Expertise (Deye) introduced in a submitting on the Shanghai Inventory Change (SHSE) that it intends to boost CNY3.55 billion ($513.1 million) by a non-public placement in components.
The corporate mentioned it can use the online proceeds from the transaction to construct two new inverter factories and an R&D heart.
One of many two manufacturing amenities has an inverter capability of 15 GW and might be situated in Haiyan, Zhejiang province. This undertaking has an funding requirement of CNY2 billion and consists of the deployment of a ten.5 hybrid inverter battery manufacturing unit.
The second manufacturing facility is deliberate to supply microinverters and have a capability of three GW. It will likely be situated in Haining, Zhejiang and would require an funding of CNY544 million.
As well as, the producer plans to make use of CNY510 million for the R&D heart and one other CNY500 million for working capital.
Deye achieved income of CNY5.92 billion in 2022, with a year-on-year improve of 42% in comparison with 2021. Internet revenue was CNY1.54 billion, up 166% from a 12 months earlier.
This content material is protected by copyright and is probably not reused. If you wish to cooperate with us and wish to reuse a few of our content material, please contact: [email protected].
