China PV News Snippets

Jason Yan from LONGi will be speaking at 3-Day TaiyangNews Conference; Suzhou Boamax to invest RMB 1.8 billion; Trina to raise RMB 8.8 billion; Jingyang & Sichuan Gaojing equipment deal; Huitian New Materials to invest RMB 21 million in production line.

LONGi at TaiyangNews Conference on High Efficiency Solar Technologies: Jason Yan, Senior Product Marketing Manager LONGI Solar, will be taking part in the 3-Day TaiyangNews Virtual Conference on High Efficiency Solar Technologies – TOPCon, HJT and Beyond, Today & Tomorrow. He will be addressing the topic: Evolution of PV Cell and Module Technology. The Conference will take place from 23-25 November 2022 from 9.30 CET and will see leaders from research, production equipment and materials supply as well as cell/module manufacturing and market analysis participate. Do join us! Registrations are for #free. To register, click on this link.

Suzhou Boamax to invest in HJT facilities: Industrial grade structural CNC sheet metal products manufacturer and seller, Suzhou Boamax Technologies Group Co., Ltd., announced that it will be building a 2 GW thin wafer production line, 2 GW photovoltaic heterojunction cell, and 2 GW photovoltaic heterojunction module facilities in the Etuoke Economic Development Zone. The investment is likely to come up to RMB 1.8 billion ($0.25 billion) and will be constructed between April 2023 to April 2024.

Trina to raise RMB 8.8 billion for Czochralski mono projects: Chinese solar module manufacturer Trina Solar announced that its application for the issuance of convertible corporate bonds to unspecified objects complies with the issuance conditions, listing conditions and information disclosure requirements. This was reviewed by the Shanghai Stock Exchange's Science and Technology Innovation Board Listing Committee at its 87^th Listing Committee Review Meeting 2022. As per the prospectus released by Trina, the amount of funds to be raised will not exceed RMB 8.8 billion. After deducting issuance costs, the net proceeds will be invested in 35 GW Czochralski mono crystalline silicon project, and to replenish working capital and repay bank loans. Meanwhile, Trina Solar will be taking part in the virtual conference hosted by TaiyangNews on High Efficiency Solar Technologies – TOPCon, HJT and Beyond, Today & Tomorrow. Click here to join the Conference with free registrations.

Jingyang & Sichuan Gaojing RMB 252 million equipment deal: Straight-pull silicon single crystal growth furnaces manufacturer Jingyang said that it has signed a contract with photovoltaic ingot/wafer manufacturer Sichuan Gaojing Solar Technology Co., Ltd for the procurement of related equipment worth RMB 251.7 million. From January next year, partial deliveries would begin.

Huitian New Materials to invest RMB 21 million in expansion: Adhesives and new materials company Huitian New Material stated that it plans to invest RMB 21 million ($2.9 million) to build a new twin-screw automatic production line. This line will increase the production capacity of photovoltaic single-component silicone sealants by about 30,000 tons per year for the company. By March 2023, the production line is expected to be completed and put into operation.