EDP Renewables (EDPR) added a total of 465MW of wind and solar capacity in Q1 2022, mainly due to its acquisition of Singaporean developer Sunseap, while it recorded a net profit of €66 million (US$69.8 million), up 75% on the previous year.
Polysilicon producer Daqo New Energy has received approval from the Shanghai Stock Exchange for a private offering on China’s A-share market to support its capacity expansion.
Zhonghuan Semiconductor (TZS) is to invest RMB2.06 billion (US$323 million) in a new 120,000MT-capacity polysilicon project and additional polysilicon R&D facilities in Inner Mongolia.
LONGi Solar has warned of reduced profits after Yunnan Province, where a significant portion of its manufacturing output resides, cancelled a previously-struck power pricing agreement.
JinkoSolar has confirmed an acceleration to its manufacturing capacity expansion plan on the back of higher than expected demand, despite supply chain constraints continuing to apply pressure on margins.
JinkoSolar has revealed details of a multi-project silicon pull rod, module assembly and aluminium frame expansion in China, which the manufacturer is to invest a combined RMB20.8 billion (US$3.27 billion) in.
Solar Module Super League (SMSL) member JA Solar is again aggressively expanding its manufacturing capacity, unveiling a new RMB3.5 billion (US$552 million) investment programme for new facilities.
JinkoSolar has revealed new details regarding its prospective initial public offering (IPO), confirming an offering schedule, placement size and that n-type cell and modules will be the focus of capacity expansions.
Solar manufacturer Risen Energy has revealed the details of a RMB44.6 billion (US$7 billion) manufacturing capacity expansion plan that will span n-type polysilicon ingots, modules and renewables projects.