First TOPCon module at Jinenu Solar’s Tai’an Base; TCL Zhonghuan announces its 2022 performance report; Femi produces high-efficiency solar module; DIALINE New Material signs two- year purchase deal.
Jinenu Solar produces its first TOPCon module: Over a WeChat communication, customized producer of photovoltaic modules, Jinenu Solar, said that its Tai’an Base has successfully produced its first TOPCon module. Spread across 149 mu and with a total investment of RMB 1.1 billion, the Tai’an base has a TOPCon OEM production line, which is considered to have the largest production capacity in Shandong Province. The annual production capacity of the Tai’an base for high-efficiency photovoltaic modules is pegged at 3.5 GW.
TCL Zhonghuan profit rises by 63.01% in 2022: Releasing its 2022 annual report, Chinese solar wafer supplier TCL Zhonghuan said that it has realized an operating income of RMB 67 billion ($9.7 billion), a year-on-year increase of 63.02%; and a net profit of RMB 6.8 billion ($0.99 billion), a YoY increase of 69.21%. At the same time, TCL Zhonghuan’s total assets exceeded RMB 100 billion ($14.53 billion) for the first time and touched RMB 109.1 billion ($15.8 billion), a YoY increase of 39.95%. Advanced production capacity, optimization of product structure, and the cost and market advantages of G12 products have played significant roles in the growth, the company added.
Femi produces first high-efficiency solar module: Femi announced via WeChat that it has produced its first solar module. This marks the launch of the company’s new energy production capacity. Femi managed to complete the production equipment processing, assembly line installation, and commissioning of the first 500 MW photovoltaic module automatic packaging line in 3 months. R&D company Shiny Electronic Technology is an investor in Femi.
DIALINE New Material signs RMB 920 million purchase deal: Electroplated diamond wire seller, DIALINE New Material, announced that it has partnered with a well-known but unidentified Chinese photovoltaic company. Both companies signed an electroplating diamond wire long term purchase agreement amounting to about RMB 920 million. The contract period is for about 2 years.