Huasun to supply 250 MW HJT modules to Inercom; Yijun Yaoneng's phase II glass project online; Tongze Solar's 10 GW HJT cell and module fab plans; Autowell raising funds for PV and storage equipment; Golden Photovoltaic selling some assets to strengthen PV business.
250 MW HJT module order for Huasun: Chinese heterojunction (HJT) cell/module supplier Anhui Huasun Energy has signed another module contract with Bulgarian EPC contractor Inercom, this time for 250 MW capacity. Huasun says Bulgaria plays an important role in the progress of its expanding global business. Previously, the duo collaborated for 236 MW HJT modules in 2 batches for Apriltsi Village Project which is now the 'world's largest' HJT solar power station' (see China PV News Snippets).
Phase II of Hubei Yijun's new glass project online: Glass manufacturer Yijun Yaoneng New Material has commissioned 4×1,200 tons a day aluminosilicate panel and deep processing production line under phase II of its PV new material industrial park. The project in Jingzhou Economic Development Zone was put in production on December 11, 2022. The 1st project was commissioned on April 8, 2022. Phase III is under construction since September 2022 and will be commissioned in December 2023. Once this phase is online, Yijun Yaoneng will have an output worth over RMB 10 billion here. The company had announced the project in July 2021 (see China PV News Snippets: Yijun, GCL-SI, Zhongli, Mindong).
10 GW HJT project in Hunan: Tongze Solar plans to develop a 10 GW heterojunction (HJT) cell and module production facility in Liuyang, Hunan's Liuyang Economic Development Zone. It will purchase about 800 million units of land and realize the fab in 2 phases. Once the RMB 10.8 billion project is complete in 36 months, its annual output is expected to be worth RMB 20 billion, local media reported.
Autowell Technology to raise funds for PV equipment: Solar equipment manufacturer Autowell Technology is raising RMB 1.14 billion to invest on a platform based high end intelligent equipment smart factory to build a complete cell screen printing line and an intelligent energy storage module PACK production line over 24 months. Funds will also be allocated for PV cell advanced metallization process equipment laboratory to construct experimental lines and testing equipment covering back-end process of PV cells. Remaining funds will also be invested on the R&D and industrialization of semiconductor advanced packaging optical testing equipment, it announced.
Golden Photovoltaic selling some assets: Golden Photovoltaic has stated that along with its subsidiaries it has sold the company's traditional glass and profile business receivables, inventories, machinery and equipment among other assets to Ouhao New Energy. The asset sale worth RMB 229 million will help the company optimize its business structure, improve asset utilization efficiency and focus on its main PV business while reducing risk, reported local media.