13.9 C
Berlin

Aiko Solar to raise funds for 6.5 GW n-type cell fab

Chinese solar cell manufacturer Aiko Solar plans to raise no more than RMB 1.65 billion through non-public issuance of A shares, according to a feasibility report the company released on Friday.

爱旭.jpg

The fund raised will be used on the construction of Aiko Solar’s phase I factory in Zhuhai, Guangdong province. The factory, with RMB 5.4 billion total investment, will be dedicated to the production of n-type high-efficiency solar cells. The first phase of the factory is designed to have 6.5 GW production capacity.

At the end of last year, Aiko Solar told investors that the company would soon start the mass production of n-type ABC solar cells.

The ABC cells have no front busbars, which means higher power output at the front while increasing the aesthetic value of the modules, perfect for rooftop solar projects. The company said that it would continue to provide high efficiency solutions based on the ABC cells and improve its service for customers.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

You Might Also Like

Seraphim releases new TOPCon series of solar PV modules globally

Global leading solar module manufacturer Seraphim Energy Group Co., Ltd. (Seraphim),  has launched TOPCon, a new series of solar photovoltaic (PV) modules designed to...

N-type capacity ramps up: Over 900 GW planned by 60 manufacturers

Since the start of 2022, public data compiled by Solarbe shows that over 900 GW of n-type solar cell and module production capacity expansion...

JinkoSolar shipped over 44 GW of modules in 2022

JinkoSolar announced that the company's module shipments in 2022 exceeded 44 GW, making it the second-largest module manufacturer of the year. The shipment volume...

4 predictions for solar supply chain in 2023: polysilicon, module prices, and more

In 2022, China added a record 87.41 GW of solar PV, with its total installed capacity reaching 392.6 GW. Solar PV additions are expected...

Trina Solar’s Vertex 210+ n-type modules rolled off at Changzhou fab

Trina Solar said on Friday that its Vertex 210+ n-type modules have started rolling off the production lines at the new 10 GW factory...

LONGi to add 100 GW wafer and 50 GW cell production capacity

LONGi Green Energy announced on Tuesday it has signed an investment agreement to build a 100 GW mono wafer facility and a 50 GW...

Popular Posts

Module shipment ranking 2022: Top 10 manufacturers shipped 240 GW globally

In 2022, the top 10 Chinese manufacturers have shipped over 240 GW modules globally, up 60% and occupying over 90% of global demand, according...

Is solar module recycling really as attractive as it looks?

Since the first batch of modern module manufacturers were put into production around 2002, China has ranked first in the world in terms of...

China’s Yunnan takes special regulation on new energy production safety, may lead to slight impact on solar industry chain

China’s South Yunnan Provincial Emergency Management Department recently has issued the "Special Work Plan for the Safety Production Rectification of Enterprises in the Industrial...

JA Solar to ramp up 50 GW wafer cell

JA Solar announced on March 22 to expand the company's integrated production capacity with 20 GW of silicon wafers and 30 GW of cells...

Renewable energy achieved 9.6% growth despite energy crisis, set record high

By the end of 2022, the global installed capacity of renewable energy power generation has reached 3,372 GW, and the renewable energy stock has...

TCL Zhonghuan may rise and shine this year for grasping high-purity quartz

TCL Zhonghuan Semiconductor (Zhonghuan)'s net profit increased by 69% last year, but due to the high price of silicon materials, its advantages were not...
Join Our Newsletter

Latest article

AikoSolar to complete 43.5GW cell module within the year

AikoSolar recently has released its annual report 2022, showing outstanding financial results, including significantly improved profitability and record high operating income and net profit,...

TCL Zhonghuan may rise and shine this year for grasping high-purity quartz

TCL Zhonghuan Semiconductor (Zhonghuan)'s net profit increased by 69% last year, but due to the high price of silicon materials, its advantages were not...

Why solar installation exceeds expectation in off-season?

In 2022, due to the impact of the pandemic and the high price of silicon materials, the domestic demand for solar installation was suppressed....

Is solar module recycling really as attractive as it looks?

Since the first batch of modern module manufacturers were put into production around 2002, China has ranked first in the world in terms of...

Upcoming Event

Solar Focus | Meet the Surging Solar Power Needs in Spain

On March 30, Solarbe Global will invite experts from S&P Global Commodity Insights, JA Solar and Aquila Capital to discuss the opportunities and challenges in solar PV deployment in Spain.