China PV News Snippets: Zhonghuan, TCL, Sumin, GoodWe

Zhonghuan, China Huaneng And TCL Partner For R&D On PV Power Stations; Sumin Renewable Enters HJT Solar Cells Field; Goodwe 2020 Net Profit Increases By 145.91% Year-On-Year; Just #2Days For TaiyangNews Virtual Conference On Bifacial Solar
11:28 PM (Beijing Time) - 03. March 2021
GoodWe net profit rises

GoodWe attributes the year-on-year rise in net profit of 145.91% to its continuous expansion into the domestic and foreign photovoltaic inverter markets. (Photo Source: GoodWe)

Key Takeaways

  • Zhonghuan Semiconductor signs cooperation agreement with China Huaneng and TCL Technology to develop and strengthen large-size photovoltaic silicon wafers and photovoltaic module technologies
  • Sumin Renewable Energy and Shanghai Jiaotong University to establish Shanghai Jiaotong University-Nantong Sumin Heterojunction Research Institute
  • GoodWe achieves an operating income of RMB 1.589 billion ($0.25 billion), an increase of 68.07% over the previous year
  • TaiyangNews Virtual Conference on Bifacial Solar will have experts from LONGi Solar, Solis, ISC Konstanz, TÜV Rheinland Group, Hangzhou First, Aikosolar, RES Group speaking at the event, and will also see the launch of TaiyangNews Bifacial Solar 2021 Report

Zhonghuan, China Huaneng and TCL partner for R&D on solar systems using large-size wafer based modules: One of China’s leading mono solar wafer manufacturers Zhonghuan Semiconductor announced that it has signed a cooperation agreement with China Huaneng and TCL Technology. The three parties look forward to jointly build a new energy base in Tianjin, and will carry out research and development to further strengthen large-size solar silicon wafers and photovoltaic module technologies. They will focus on developing intelligent control system for photovoltaic power stations, and provide technical support for intelligent operation and maintenance of these power stations through remote control. Through all these efforts, they intend to further reduce the construction cost of photovoltaic power stations, its operation and maintenance costs. Few days ago, Zhonghuan had announced issued a proposal for technological innovation and product specification innovation to reduce the cost of silicon materials (see China PV News Snippets: LONGi, Zhonghuan, Chint, Trina)

Sumin Renewable enters HJT solar cells field: Solar cell manufacturer Sumin Renewable Energy Technology Co., Ltd. and Shanghai Jiaotong University will establish Shanghai Jiaotong University-Nantong Sumin Heterojunction Research Institute and will build a heterojunction experimental line as soon as possible. In an announcement, Sumin said that it will make complete use of the research institute to develop heterojunction technology, promote the localization of key auxiliary materials for heterojunction batteries, and complete the initial accumulation of technology. The institute will also be used to conduct mass production evaluation and mass production of heterojunction cells.

GoodWe 2020 net profit increases by 145.91% year-on-year: Releasing its 2020 annual performance report, solar inverter manufacturer GoodWe said that it has achieved an operating income of RMB 1.589 billion ($0.25 billion), an increase of 68.07% over the previous year. The net profit attributable to shareholders of listed companies was RMB 253 million ($39.09 million), an increase of 145.91% over the previous year. The company attributed this rise in performance to its continuous expansion into the domestic and foreign photovoltaic inverter markets. The rise in the company’s sales drove its total operating income to increase by approximately 68.07%, GoodWe added.

Just #1Day for TaiyangNews Virtual Conference on Bifacial Solar: TaiyangNews is excited about its first conference on Bifacial Solar, which is just 1 day away. While you will get to listen to experts from LONGi Solar, Solis, ISC Konstanz, TÜV Rheinland Group, Hangzhou First, Aikosolar, RES Group, TaiyangNews will also be launching its own Bifacial Solar 2021 Report. The Conference will be held on 4 March 2021, from 13:00 to 17:00 CET. For agenda and Free Registration, click here  

Meena Nair

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Meena Nair