JA Solar says it has launched a hydrogen industry with the establishment of JA Hydrogen, a brand novel unit based mostly in Beijing with CNY 100 million ($13.8 million) of registered capital.
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JA Solar said it has aim up JA Hydrogen in Beijing below its subsidiary, JA Solar Funding (China) Co., Ltd., with a registered capital of CNY 100 million. The novel firm will aim because the neighborhood’s unit in the hydrogen vitality sector. Since 2019, just a few leading Chinese solar companies, along side Sungrow, Longi Inexperienced Energy, and Trina Solar, like launched linked hydrogen-focused subsidiaries.
QC Solar said it objectives to raise up to CNY 186.15 million by means of a simplified stock issuance opinion for 2024. The funds will toughen a brand novel bypass safety module mission for PV junction bins, that can like an annual capacity of 247.1 million panels as soon as operational. It said it would use the additional capital to fabricate a producing line for PV storage connectors and harnesses, focusing on an annual output of 5.91 million units. QC Solar, which is predicated mostly in Suzhou, Jiangsu province, focuses on PV electrical safety programs, connectors, cables, EV charging alternate recommendations, and industrial automation programs.
Canadian Solar Inc. (CSI) said that its subsidiary, CSI PV Tech (Suzhou), has been added to China Huaneng Group’s authorized inverter seller list. Deliveries of CSI’s 320 kW inverters to Huaneng’s initiatives in Jiangsu province started in November. CSI PV Tech’s inverter differ now ranges from 5 kW to 350 kW, with string vitality storage inverters between 200 kW and 215 kW, for residential, industrial, and utility-scale applications.
Kibing Group said it plans to make investments MYR 7.2 billion ($1.62 billion) in a solar glass factory in Kimanis, Malaysia. The mission comprises two key agreements with remark-linked enterprises. It has signed a sublease settlement between its subsidiary, SBH Kibing Solar Contemporary Energy (M) Sdn Bhd, and Fokasrama Sdn Bhd, which is section of the Sawit Kinabalu Group. It has additionally reached a heads of settlement with Sabah Energy Corp. Sdn Bhd to design 45 million fashioned cubic feet per day of pure gas. Upon completion, the plant is determined to changed into one of many greatest solar glass manufacturing facilities in Sabah, Malaysia.
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