China PV News Snippets

LONGi to adopt n-TOPCon technology in its Ordos facility; Flat Glass to invest RMB 3 billion in 1 GW thin film cell facility; Crown Advanced Material releases 2022 performance report; National Bureau of Statistics of China releases report.

LONGi Ordos cell facility to adopt n-TOPCon technology: Disclosing the investor relation activities, Chinese vertically integrated solar PV company said that its  Ordos cell facility, with a view to meet the needs of ground power station customers, will adopt N-TOPCon technology. Towards this, the equipment installation may begin by the third quarter of 2023. Meanwhile, at the TaiyangNews Solar Module Innovations Conference held in January 2023, Luka Qiu, Product Promoting Manager, LONGi spoke on the topic: A Year of Solar Efficiency Records. Looking Back and Forth (see Luka Qiu, LONGi: 2022 – A Year of Solar Efficiency Records. Looking Back and Forth)

Flat Glass to invest in 1 GW CdTe thin-film cell facility: Photovoltaic glass giant Flat Glass Group said over WeChat that it will be investing in 1 GW cadmium telluride thin-film solar cell facility. The total investment is about RMB 3 billion ($0.43 billion), and is part of the key projects that was signed in Wangdian Industrial Park of Jiaxing National High-tech Zone. Meanwhile in June last year, Flat Glass had announced plans to raise RMB 6 billion (see China PV News Snippets).

Crown Advanced Material registers RMB 94.9 million gains in 2022: Releasing its 2022 performance report, Crown Advanced Material, a national high-tech enterprise specializing in the research and development, production and sales of new energy and new composite film materials, said that during 2022, it has achieved an operating income of RMB 1.5 billion ($0.22 billion), a year-on-year increase of 20.80%; and a net profit of RMB 94.9 million ($13.7 million), a year-on-year increase of 0.84%. The company said that it benefitted from the growth of the industry, which ultimately contributed to its rise in profits.

National Bureau of Statistics of China releases Statistical Bulletin: The National Bureau of Statistics released the Statistical Bulletin of the People's Republic of China on National Economic and Social Development in 2022. As per the report:

• the annual output of solar cells (photovoltaic cells) was 340 million kilowatts, an increase of 46.8%
• the national power generation installed capacity was 2,564.05 million kilowatts, an increase of 7.8% over the end of the previous year, and
• the installed capacity of grid-connected solar power was 392.61 million kilowatts, an increase of 28.1%