JA Solar’s DeepBlue 4.0 Pro wins several certifications, including TUV NORTH; Hongrun Construction to raise RMB 1.5 billion by issuing shares; Canadian Solar’s IPO move gets nod; Guangzhou Development’s Luquan agri-solar PV plant begins construction.
Multiple certifications for JA Solar’s DeepBlue 4.0 Pro: Solar PV panel manufacturer announced via WeChat that its DeepBlue 4.0 Pro, a 182mm*199mm sized new module based on rectangular silicon wafers that was released at SNEC last month, has been awarded product certification from multiple institutions. Recognizing its power generation performance, safety performance, and strong adaptability in various application scenarios, the product now has TÜV NORTH certification, TÜV NORTH salt spray, ammonia and dust test certificate, and Jianheng Golden Sun certification. The module also went on to win the Dekai IEC 62892 Severe Thermal Cycle Test Certificate and the ASTM E 1597 Standard Test Certificate issued by UL Solutions for higher stability and reliability. Meanwhile, JA Solar will be speaking at the TaiyangNews Global PV System Technology Trends H1/2023 Virtual Conference to be held from 27-28 June 2023. You can join the Conference through free registration by clicking here.
Hongrun Construction to raises funds: In an announcement, national high-tech enterprise Hongrun Construction Group Co said that it plans to issue 330.7 million additional shares for about RMB 1.5 billion ($0.21 billion). The raised funds will be used towards the expansion of its 5 GW high-efficiency PV cell module facility. It is in January this year that Hongrun had raised funds to build this solar cell fab (see China Solar PV News Snippets). The raised funds will also be used towards new energy business, where the company plans to raise investment in photovoltaic power plants and realize the vertical expansion of the industrial chain.
Canadian Solar’s IPO approved: Canada headquartered Chinese solar power company Canadian Solar announced that its application for the initial public offering of ordinary shares (A shares) and listing on the Science and Technology Innovation Board has been reviewed and approved by the Shanghai Stock Exchange Science and Technology Innovation Board Listing Committee. The same has also been approved and registered by the China Securities Regulatory Commission, the company added. Meanwhile earlier this year, in a strategic move, Canadian Solar Inc has expanded the job description of its North America focused utility scale solar and storage projects developer Recurrent Energy to look after its global development and services business (see Canadian Solar Expands Recurrent’s Role)
Guangzhou Development agri-solar PV plant begins construction: Integrated energy business company Guangzhou Development said via WeChat that its 120 MW agriculture-solar photovoltaic power station in Malutang, Luquan Suifa has begun construction. With an investment of RMB 560 million ($78.5 million), the plant has an installed capacity of 120,000 kwh. On completion, the plant is expected to deliver 160 million kwh of clean electricity every year, and drive Luquan’s new energy industry.