JinkoSolar to build 10 GW cells and 30 GW modules facility; Ancai Hi-Tech’s revenue in 2022 at RMB 77.5 million; HDHM to build 10 GW cell facility; DAS Solar Jingshan base produces first module.
JinkoSolar’s PV cell-module facility begins construction: Module supplier JinkoSolar’s said via WeChat that construction has begun for its high-efficiency solar cell module facility in Yuhuan city. Spread across 1,700 mu and with an investment of RMB 8 billion ($1.1 billion), the facility will produce 10 GW high-efficiency solar cells and 30 GW high-efficiency solar modules. On completion, the annual output value is expected to touch RMB 72 billion ($10.4 billion). Meanwhile, JinkoSolar had taken part in TaiyangNews’ Solar and Sustainability Conference. Here is a summary of what various leaders spoke at the Conference (see TaiyangNews Solar & Sustainability Conference).
Ancai Hi-Tech releases 2022 performance report: Manufacturer and seller of glass products Ancai Hi-Tech released its 2022 performance report. As per the report, the company has achieved a revenue of RMB 4.1 billion ($0.60 billion), a year-on-year increase of 23%, and a net profit of RMB 77.5 million ($11.3 million), a year-on-year decrease of 63.23%. During the reporting period, the company’s main products were: photovoltaic glass that achieved a revenue of RMB 2.01 billion ($0.29 billion), where the gross profit margin was at -8.5%; natural gas and pipeline transportation that achieved a revenue of RMB 1.7 billion ($0.25 billion) and a gross profit margin of 0.69%; and float glass that achieved a revenue of RMB 406 million ($59.1 million) and a gross profit margin of -17.9%. For 2023, the company targets an annual sales revenue of RMB 5 billion ($0.73 billion). Meanwhile, last year, Henan Ancai Hi-Tech had announced that it has built a glass and natural gas business model (see China PV News Snippets)
HDHM to build 10 GW n-type high-efficiency cell facility: Port handling equipment company HDHM announced that it plans to invest in a 10 GW high-efficiency solar cell facility in Jiangsu Peixian Economic Development Zone. With an investment of about RMB 2 billion ($0.29 billion) in fixed assets, the facility will have a production capacity of 3.5+6.5GW 182/210mm large-size TOPCon and HJT cells.
DAS Solar Jingshan base produces first module: Over a WeChat communication, Chinese solar PV module and cell supplier DAS Solar said that its Jingshan facility has produced its first high-efficiency module. Spread across 600 mu, the facility will have a 10 GW n-type photovoltaic module and a 2 GW photovoltaic cell production line and supporting facilities. The construction of the facility had begun in November 2022, and the first batch of equipment entered the site in March 3, 2023. The second phase of the facility will see the construction of six PV module production lines and four photovoltaic cell production lines. Once the second phase is completed and the facility put into production, the annual output value is expected to touch RMB 20 billion ($2.9 billion).
