China's PV module companies released their financial reports for 2022 and the first quarter of 2023 at the end of April, with some of the leading manufacturers posting strong performance.
JA Solar is looking to capitalise on strong demand for modules in the Middle East as developers plan ever-larger solar projects and governments encourage the deployment of distributed PV systems.
JA Solar intends to fund the construction of a major PV manufacturing facility by issuing convertible bonds to raise up to RMB8.96 billion (US$1.3 billion).
Chinese module manufacturer JA Solar has announced its plan to invest RMB40 billion (US$5.9 billion) to construct a vertically integrated PV industry hub in Inner Mongolia.
Module manufacturer JA Solar has signed a PV module supply agreement with engineering, procurement and construction company Samsung C&T for a PV power plant project in Qatar.