Q-SUN to build a 10 GW module and 10 GW cell facility in Hubei; Shiny Electronic signs procurement deals; National Science and Technology transfers 51% subsidiary stake; China silicon wafer production rises by 1.5% in April 2023.
SUMEC to supply PV modules to Wattkraft: China's SUMEC, said via WeChat that it has signed a PV module supply deal with German distributor Wattkraft. In the wake of this deal, deepening their cooperation, SUMEC will provide 1 GW of Phono brand high-efficiency solar photovoltaic modules to the European market through Wattkraft, the majority of which will be to Germany.
Q-SUN cell/module facility to come up in Hubei: New energy product company Q-Sun said over WeChat that the signing ceremony of its 10 GW cell and 10 GW high-efficiency module facility was held in Xiantao, Hubei. With an investment of RMB 6.2 billion, the facility will be built in three phases as follows:
Shiny Electronic Technology signs production equipment deals: Wholly-owned subsidiary of R&D company Shiny Electronic Technology, Femi New Energy, announced that it has signed deals to purchase module cell and module production equipment. Here are the details:
National Science and Technology to exit from Aipak: National high-tech enterprise integrating R & D, production, sales and technical services of new polymer materials and their products, National Science and Technology, announced that it plans to transfer 51% of its stake in holding subsidiary, Aipak Shoes, to Zhuori Shoes for a price of RMB 58.9 million ($8.22 million). With this, National Science and Technology will no longer be holding any equity in Aipak, which is mainly into sale of shoe materials. Now, the company will focus on investing in photovoltaic new energy industry, and will be conducting research and development, and indulging in production and sales of high-efficiency heterojunction cells, photovoltaic modules, and industrial and commercial energy storage. Going forward, the photovoltaic new energy sector will be a new growth point for the company.
Update on silicon to module production output, says CPIA: Releasing a brief overview of the operation of the national photovoltaic manufacturing industry, the China Photovoltaic Industry Association (CPIA) said that in April 2023: