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.
Just one week after revealing plans for an RMB10.2 billion (US$1.42 billion) integrated PV manufacturing project, JA Solar has announced it will also expand its current integrated capacity.
The top four solar module manufacturers had shipments totalling more than 114GW during the first three quarters of 2022, as demand slowed in Europe but grew rapidly in China.
Solar module companies are more than willing to expand production this year, with new module project announcements from old and new players continuing to emerge.
