GCL System Integration (GCL-SI), the PV panel unit of GCL Group, has revealed plans to speculate CNY 2 billion ($291.3 million) within the development of a PV module manufacturing facility with an annual capability of 12 GW in Funing county, China’s Jiangsu Province. It stated the brand new facility will begin working by the top of October.

Final December, GCL-SI stated it signed an settlement with the federal government in Wuhu, Anhui province, to construct a 20 GW photo voltaic cell manufacturing manufacturing unit, with a complete funding of CNY 8 billion. .

In a separate growth, Chinese language inverter producer Growatt introduced the inauguration of the primary section of its manufacturing plant in Haiphong, Vietnam.

“The brand new facility will produce photo voltaic inverters, storage inverters and storage batteries with an enlargement plan to attain an annual manufacturing capability of 500,000 models of inverters and 100,000 models of batteries,” the corporate acknowledged. “The opening of our manufacturing unit in Vietnam is an thrilling milestone for Growatt as we proceed our globalization technique to increase our operations worldwide.”

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