Tomorrow, TaiyangNews hosts special TOPCon Solar Modules Webinar, Huafu Fashion invests RMB 100 mn in subsidiary, Heshun and Jangho sign 200 MW PV project, Aidi establishes RMB 10 million subsidiary, and GCL-Poly expects RMB 5 billion profit in 2021.
One day left for TaiyangNews Webinar: Our Special Focus TaiyangNews Webinar titled: The Time Is Ripe For TOPCon Solar Modules will take place tomorrow (25 January 2022) from 10:00 to 11:30 CET. In this 90 minute Webinar, we will be looking from different angles at the many advantages of TOPCon based solar modules from the views of integrated module maker Jinko Solar, testing institute TÜV Nord, and research institute ISFH. Join us. Click here for Free Registration.
Huafu Fashion launches subsidiary to enter PV field: New-type yarn supplier and manufacturer Huafu Fashion Co., Ltd. announced that it has invested and registered subsidiary – Aksu Huafu New Energy Co., Ltd.- in Xinjiang with a capital of RMB 100 million ($15.81 million). The new company will focus on developing centralized photovoltaic projects by taking advantage of Xinjiang's high irradiation and location. The business scope of the new company will be solar power generation; sales of photovoltaic equipment and components.
Heshun & Jangho sign 200 MW PV agreement: Heshun Energy announced signing an agreement with Jangho Electromechanical Equipment Engineering about a 200 MW distributed photovoltaic power generation project in Beijing. Both the companies plan to jointly develop such projects in coastal cities in the Southeast, and steadily advance towards other markets.
Aidi invests RMB 10 mn to set up PV subsidiary: New energy company Aidi New Energy announced that it has established a RMB 10 million ($1.58 million) wholly-owned subsidiary in Hebei Province called Baoding Lantai Energy New Energy Technology Co., Ltd. This is being done to facilitate the construction of photovoltaic power plants, optimize the company's strategic layout, and strengthen market competitiveness.
GCL-Poly expects RMB 5 bn profit in 2021: Based on a preliminary assessment, Chinese solar grade polysilicon producer GCL-Poly announced that it expects to record a profit attributable to company owners of approximately RMB 5 billion ($0.79 billion) for the year ended 31 December 2021, as compared to a net loss of about RMB 5.7 billion ($0.90 billion) for the corresponding period in 2020. One of the factors that contributed to this performance is the strong growth of market demands witnessed by the solar industry despite significant fluctuations in the raw material prices and energy costs.