Solar wafer producer NexWafe has secured a €30 million (US$32 million) investment to accelerate the construction of its first commercial-scale wafer plant in Bitterfeld, Germany.
According to the company’s financial results for last year, 2022 was the first time that LONGi’s yearly revenue surpassed RMB100 billion (US$14.4 billion).
Reliance New Energy Solar (RNES) has invested US$29 million in German wafer technology company NexWafe’s Series C financing round as it looks to establish wafer production facilities in India.
LONGi Solar has set a record conversion efficiency of 25.09% for its N-type monocrystalline bifacial TOPCon cell that has been independently verified by the Institute for Solar Energy Research in Hamelin.
Major ‘Solar Module Super League’ (SMSL) member JinkoSolar has extended its supply chain cooperation with major polysilicon and merchant solar cell manufacturer Tongwei Group, with Tongwei gaining extra gigawatts of mono wafers from JinkoSolar.
Large-wafer size producer Tianjin Zhonghuan Semiconductor (TZS) is to build a new 50GW 210mm (G12) mono-wafer manufacturing hub in Ningxia Hui Autonomous Region at a cost of around RMB12 Billion (US$1.86 billion).
The solar industry's two largest enterprises, GCL and LONGi have signed a major polysilicon supply deal, the first time the rivals have entered into a major business deal together.
Major China-based polysilicon producer Daqo New Energy has forecasted to reach its highest production and sales levels in reporting fourth quarter and full year results.
