DKEM to raise funds for silver paste facility; Risen's Hyper-ion HJT modules show 3.58% gain vs. TOPCon; Laplace's IPO application approved, plans to raise $250 million; CEPIC partners with CR Power for 6 GW RE project; Hunan Huamin develops 40 μm n-type silicon wafer.
DKEM plans to raise RMB 264.5 million for conductive silver paste facility: Solar metallization paste manufacturer DKEM has announced its intention to raise RMB 264.5 million ($36.81 million) for the construction of a set of R&D and manufacturing facilities. These include a 2,000-ton per year conductive silver paste manufacturing facility and an R&D and production facility with a capacity of 50 tons per year of low-temperature conductive silver paste for semiconductor packaging. The former will be built with a total investment of RMB 150 million ($20.83 million), primarily aimed at the R&D and production of conductive silver paste for n-type TOPCon and heterojunction (HJT) cells, with a planned project construction period of 24 months. The second project will involve a total investment of RMB 250 million ($34.72 million), with a planned construction period of 36 months.
DKEM recently reported a 154.94% YoY increase in its FY2023 revenues (see China Solar PV News Snippets).
Risen's Hyper-ion HJT modules deliver up to 3.58% gain vs. TOPCon: Solar panel manufacturer Risen Energy has released the data from its Saudi Arabia demonstration base. According to the data recorded between December 2023 and February 2024, its Hyper-ion HJT modules delivered an average power generation gain of 2.82% compared to TOPCon modules. In per-watt terms, the HJT modules delivered 4.25 Wh/W. It further said that its monthly cumulative power generation was 3.58% higher than TOPCon under irradiation conditions of 3.55 kW/m2.
In January 2024, Risen Energy claimed that it had reduced the silver consumption of its Hyper-ion HJT solar modules significantly (see Risen Brings Down Silver Consumption In HJT Modules).
Laplace's IPO application approved: Solar production equipment manufacturer Laplace's application for an initial public offering (IPO) has been approved by the China Securities Regulatory Commission. The company reported revenues of RMB 1.26 billion ($175 million) in 2022 and had an order backlog of RMB 8.732 billion ($1.21 billion) as of April 2023. Its clients include leading PV enterprises such as LONGi, JinkoSolar, and Aiko Solar. According to Laplace's June 2023 prospectus, it plans to raise RMB 1.8 billion ($250 million), mainly for constructing a solar equipment R&D and production headquarters base, and a semiconductor and solar equipment R&D and manufacturing base.
CEPIC joins CR Power to develop a 6 GW RE project: Chinese renewable energy developers Gansu Energy Development (CEPIC) and CR Power have announced that they plan to establish a joint venture (JV) named Gansu Electric Power Investment Run Energy. The JV, with a registered capital of RMB 600 million ($83.33 million), will primarily be responsible for investing in and developing mega-base projects. CEPIC will own a 51% stake in the JV with CR Power holding the remaining 49%. CEPIC stated that the joint venture would mainly be responsible for investing in and developing a 6 GW renewable energy project in the Tengger Desert for local consumption.
Hunan Huamin develops 40 μm n-type silicon wafer: High-tech enterprise Hunan Huamin has announced that it has developed a G12 monocrystalline silicon half-wafer with a thickness of 40 μm. Previously, the company had developed a 50 μm G12 wafer at the end of 2023. It says that the 40 μm wafer was a phased achievement in thinning n-type large-size silicon wafers.
Last month, Hunan Huamin signed an agreement with Estone to jointly explore the application of synthetic high-purity quartz sand (see China Solar PV News Snippets).