Maxeon Solar Technologies intends to raise up to US$143.75 million through a share issue to help finance planned capacity expansions and R&D, with long-time partner TZS committing to an investment.
Mark Osborne details how Solar Module Super League (SMSL) major JinkoSolar is transforming its manufacturing base, moving from an asset-lite model to one more vertically integrated.
‘Solar Module Super League’ (SMSL) member JA Solar has updated its capacity expansion plans for its solar cell and module assembly plant in the Yangzhou Economic and Technological Development Zone (ETDZ).
‘Solar Module Super League’ (SMSL) member LONGi Group is planning to build a new 15GW monocrystalline solar cell plant in Jinghe New City, Xixian New District, Shaanxi Province, China to become operational in 2022.
Following on from our recent piece on what is driving the largest ever wave of manufacturing capacity expansion announcements in the PV industry, a few real-world examples may shine further light on this topic.
China-based PV module manufacturer and PV project developer and operator, CECEP Solar Energy Co has started an initial phase of construction of an advanced solar cell facility as part of a new strategy to enter and become a major merchant cell producer with a total capacity of 50GW.
Module manufacturer Seraphim is to invest in a 750MW module assembly facility in Vietnam to expand its global production footprint and serve US market.
With module suppliers currently seeking to hit annual shipment volume guidance for 2020, and many announcing ambitious expansion plans for 2021 and beyond, the sector is seeing a shift now in terms of module supply to global utility-scale sites.
