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Here’s a snapshot of the latest advancements driving the renewable energy sector forward: 1️⃣ Longi’s HPBC 2.0 Cell Technology: Longi has announced the readiness of its HPBC 2.0 cell technology for mass production. With a substantial investment of CNY 3.21 billion, their new facility in Shaanxi province will boast an annual capacity of 12.5 GW, set to commence operations by June 2025. This marks a significant leap in enhancing solar cell efficiency and production capabilities. 2️⃣ Das Solar’s TOPCon Module Project: Das Solar is forging ahead with its 10 GW TOPCon module project in Hubei province. Spanning over 400,000 square meters, this ambitious initiative includes production lines for 10 GW of N-type TOPCon PV modules and 2 GW of solar cells. The project’s second phase, already underway, underscores their commitment to scaling renewable energy solutions. 3️⃣ Irico Group’s Strong Performance: Despite competitive pressures, Irico Group New Energy anticipates a robust revenue increase of 51% to 59% for the first half of 2024, accompanied by a return to profitability. Their success is attributed to innovative technologies, product enhancements, and operational efficiencies, reinforcing their leadership in the renewable energy market. 4️⃣ Arctech Solar’s Impressive Order Book: Arctech Solar has disclosed a substantial order backlog of approximately CNY 6.669 billion, reflecting a remarkable 183.11% year-on-year increase. This includes strong demand both domestically and internationally for their solar tracking systems, highlighting growing global adoption of solar energy solutions. 5️⃣ CHN Energy’s PV Power Expansion: CHN Energy’s subsidiary, Changyuan Power Co., is set to raise up to CNY 3 billion through share issuance to fund 2.25 GW of PV power stations. This strategic move underscores their commitment to expanding renewable energy infrastructure and meeting escalating energy demands sustainably. Chinese PV Industry Brief: Longi to mass-produce back contact solar cells https://lnkd.in/dNiAHy9f #SolarEnergy #RenewableEnergy #Innovation #GreenTechnology #Sustainability #TheGreenRecruitmentCompany #SolarPower #CleanEnergy

Chinese PV Industry Brief: Longi to mass-produce back contact solar cells

Chinese PV Industry Brief: Longi to mass-produce back contact solar cells

https://www.pv-magazine.com

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