Tongwei signed an settlement with the federal government of Meizhou, Guangdong province in China, to construct a 16 GW photo voltaic cell manufacturing facility. The corporate will make investments CNY 5 billion ($693.8 million) within the new manufacturing facility, with building scheduled to start within the third quarter.

TCL Zhonghuan its wafer costs additional decreased. The corporate is now promoting 182 mm p-type silicon wafers at CNY 2.85 every, down 25% from the earlier worth launch. It additionally sells 210 mm p-type wafers at CNY 3.77 and 218 mm p-type merchandise at CNY 4.07. Its n-type merchandise embrace 182 mm wafers at CNY 3.87 and 210 mm n-type wafers at CNY 3.72.

China Three Gorges Group introduced a centralized buy plan for PV modules for 2023, with an estimated complete capability of 5 GW, and a purchase order plan for inverters, with an anticipated capability of three GW. The modules have an influence vary of 570 W to 660 W whereas the inverters have an output of over 300 kW.

YES Photo voltaic mentioned it expects a web revenue from CNY 4.2 billion to CNY 4.9 billion for the primary half of this yr, representing progress of as much as 187.95% in comparison with the identical interval final yr.

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