Chinese Solar Giants Seraphim and JA Solar Announce Massive Manufacturing Ventures; TBEA Reports Mixed Financial Results - The Artistree

Hi, what are you looking for?

News

Chinese Solar Giants Seraphim and JA Solar Announce Massive Manufacturing Ventures; TBEA Reports Mixed Financial Results

Chinese PV Industry Brief: Seraphim begins work on 10 GW module factory

Seraphim and JA Solar are embarking on significant solar panel manufacturing ventures in China. Seraphim plans to construct a 10 GW solar panel factory in Guangzhou, with an investment of CNY 6 billion.

The project, undertaken in collaboration with the city of Guangzhou, will be executed in two phases, with trial production slated to begin in December 2025 and full-scale production in 2026.

Chinese Solar Giants Seraphim and JA Solar Announce Massive Manufacturing Ventures; TBEA Reports Mixed Financial Results (Credits: Electrek)

Meanwhile, JA Solar is set to establish a 5 GW panel factory in Inner Mongolia in partnership with the Bayannur municipal government and China Huadian Group. This joint venture entails a planned investment of CNY 1.4 billion and aims to develop a solar panel production workshop and associated facilities.

In related news, TBEA, a major player in the renewable energy sector, reported operating revenue of CNY 98.12 billion in 2023, marking a slight increase of 1.79% from the previous year. However, its net profit declined by 38.42% to CNY 14.09 billion. TBEA completed approximately 2.19 GW of wind farms and PV projects, achieving a total operational capacity of 3.41 GW from grid-connected power stations.

Click to comment
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

We’re dedicated to providing you the most authenticated news. We’re working to turn our passion for the political industry into a booming online news portal.

You May Also Like

News

In the fiscal year 2022-23, Pakistan’s National Electric Power Regulatory Authority (NEPRA) granted a total of 1,596 net-metering licenses nationwide, collectively amounting to 221.05...

News

Spoilers! The demon Akaza from Kimetsu no Yaiba dies in the eleventh arc of the manga and the one responsible for his death is...

Entertainment

Actress Emma D’Arcy is from the British rebellion. She has only appeared in a small number of movies and TV shows. It might be...

Entertainment

Jennifer Coolidge Is Pregnant: Jennifer Coolidge Audrey Coolidge is a comedian and actress from the United States. Many of her followers are wondering if...

wpDiscuz
wpDiscuz
Exit mobile version