Photovoltaic energy storage zhonghuan shares

Why did TCL Zhonghuan join the solar industry?

With the solar industry booming and project locations extending to new markets around the world, large-scale investments in silicon material and wafer production, as well as the emergence of TOPCon and other cell technologies, spurred industry leaders such as TCL Zhonghuan to seek new growth opportunities.

What is Zhonghuan 50GW project?

Zhonghuan shares: Zhonghuan 50GW project officially launched! On March 17-18, 2021, the Zhonghuan Advanced Photovoltaic Conference 2021 and Ningxia Zhonghuan Photovoltaic Materials Co., Ltd. 50GW (G12) solar-grade monocrystalline silicon material smart factory project kick-off ceremony was held in Yinchuan.

What is the world's largest solar wafer plant outside China?

According to a statement released late yesterday by TCL Zhonghuan, the new plant in Saudi Arabia will be the world’s largest solar wafer plant outside China, with a total investment of USD2.1 billion. Shares of TCL Zhonghuan [SHE: 002129] were trading up 2.4 percent at CNY8.83 (USD1.21) as of 2.00 p.m. in Shenzhen today.

Will TCL Zhonghuan venture into cell production?

In addition to the wafer capacity expansion, TCL Zhonghuan plans to venture into cell production. Image: TCL Zhonghuan

What is the total investment TCL plans to make in Zhonghuan?

TCL said it plans to split the Shanghai-listed solar manufacturer into three companies. It will inject more than RMB2 billion ($285.8 million) to help Zhonghuan develop its semiconductor and PV businesses.

How many MW of PV installed in China in June?

China's National Energy Administration (NEA) announced that new residential PV installations hit 767.5 MW in June – a monthly record. The statistics are based on data from all provincial energy administrations except Tibet.