- C&D Clean Energy to purchase 500 MW of photovoltaic modules from Risen Energy in 2022
- JSG expects the net profit attributable to shareholders of listed companies in 2021 to be between RMB 1.58 billion to RMB 1.84 billion
- CECEP’s 1.5 GW high-efficiency solar cell module manufacturing project begins
C&D Clean Energy is all set to purchase 500 MW of PV modules from Risen Energy in 2022, while JSG announces its 2021 results forecast, and the first phase of CECEP’s 1.5 GW module production project begins.
C&D Clean Energy & Risen partner for PV modules: Nanjing C&D Clean Energy Co., Ltd., a wholly-owned subsidiary of modern service-type enterprise with supply chain operation, C&D Inc., announced that the company and Chinese solar panel maker Risen Energy have signed a cooperation agreement in the field of photovoltaics. As per the agreement, C&D Clean Energy will purchase 500 MW of solar modules from Risen Energy in 2022, which will be used for the photovoltaic power station projects invested by the company, as well for the marketing of C&D Clean Energy products at home and abroad. In December 2021, C&D Clean Energy & SEG Solar had signed a 600 MW module supply agreement (see China PV News Snippets).
JSG announces its 2021 results forecast: Releasing its performance forecast, crystalline silicon pulling equipment company JSG, said that it expects the net profit attributable to shareholders of listed companies in 2021 to be between RMB 1.58 billion to RMB 1.84 billion ($0.25 billion to $0.29 billion), a year-on-year increase of 84% to 114%. During the reporting period, benefiting from production expansion by silicon wafer manufacturers, the company actively seized market opportunities, continued to improve equipment delivery capabilities, and achieved substantial year-on-year growth in order volume, operating income scale, and operating performance. At the same time, the localization process of domestic semiconductor equipment accelerated, the company’s semiconductor equipment orders also increased year-on-year, and the company’s sapphire material business and auxiliary consumables business achieved rapid development, making positive contributions to the company’s operating performance growth. In November last year, JSG & Shuangliang Eco-Energy had partnered for RMB 2.2 bn sales contract (see China PV News Snippets)
CECEP’s 1.5 GW module project begins: The first phase of China Energy Conservation and Environmental Protection Group (CECEP)’s high-efficiency solar cell module manufacturing project began in Zhenjiang New Energy Industrial Park, the company said in an announcement. The factory will have an annual production capacity of over 1.5 GW after being put into operation.