According to PV Tech’s ongoing tracking of PV manufacturing capacity expansion announcements, at least 14GW of HJ cell and module technology expansions were announced in 2019, compared to just over 1GW in 2018. Image: Akcome
China-based PV manufacturer Jiangsu Akcome Science & Technology Co is issuing non-public ‘A’ shares to raise capital to invest in a second phase capacity expansion of heterojunction (HJ) solar cell and module production.
The Supervisory Board of Akcome is expected to raise RMB 1.7 billion (US$241.8 million) in total, around RMB 1.19 billion (US$169.2 million) of which will be allocated to a 1.32GW phase-two expansion of HJ solar cell and module production in Changxing, Zhejiang province, China.
The company has already begun investing in a 1GW HJ production plant for solar cells and modules in Changxing, with an initial investment of around RMB 950 million (US$135 million).
Longer-term plans are to achieve 5GW of integrated HJ cell and module production in Changxing.
According to PV Tech’s ongoing tracking of PV manufacturing capacity expansion announcements, at least 14GW of HJ cell and module technology expansions were announced in 2019, compared to just over 1GW of expansion plans that were announced in 2018.
Since the start of 2020, cumulative HJ-based expansion plans have topped 35GW, which included Akcome’s multi-gigawatt, multi-phase plans announced last year.
Mar 10 - Mar 12, 2021
Penang, Malaysia (also available virtually)
Understand fully the technical and logistical supply chains that determine the production and performance of solar modules, including all related factors impacting quality, reliability & bankability. This event will be run as a live event in Penang for delegates able to attend and will also welcome virtual delegates via streamed content and online networking.
Oct 27 - Oct 29, 2020
Going into its fifth year over 200 delegates from 150 companies and 20 countries representing the PV supply chain will gather (virtually, due to COVID-19) for 3 days to discuss the technology roadmaps for PV cell advancement in GW markets. The scope of the event has been expanded this year, to cover developments in wafer supply and thin-film investments and technologies alongside all the regular benefits to all stakeholders tracking PV technology and investment trends for the next 5 years.