Photovoltaic Inverter Zhonghuan Shares
5 FAQs about [Photovoltaic Inverter Zhonghuan Shares]
How much will TCL Zhonghuan invest in a convertible bond?
Image: Unsplash Chinese solar PV components manufacturer TCL Zhonghuan plans to issue up to RMB13.8 billion (US$2 billion) convertible bonds, with the funds to be used for its 35GW annual capacity ultra-thin high-purity mono silicon wafer and 25GW n-type tunnel oxide passivated contact (TOPCon) 4.0 highly-efficient solar cell plants.
Who bought Tianjin Zhonghuan Semiconductor?
Image: scottwebb, pixabay Tianjin Zhonghuan Semiconductor has been acquired by TCL, as the Chinese consumer electronics manufacturer won an auction to buy shares of its parent, state-owned Zhonghuan Electronic Information Group. TCL said it plans to split the Shanghai-listed solar manufacturer into three companies.
What happened to TCL Zhonghuan's share price?
TCL Zhonghuan’s share price [SHE:002129] closed up 3.2 percent at CNY43.11 (USD6). Earlier in the day it hit CNY43.50. TCL Zhonghuan is ordering 432,000 tons of solar-grade polycrystalline silicon from an unnamed supplier that will be delivered over a six-year period from 2023 to 2028, the Tianjin-based company said yesterday.
How much production capacity can TCL Zhonghuan achieve?
It is understood that TCL Zhonghuan’s Jiangsu G12 (210mm) highly-efficient lamination module project can achieve 9GW of production capacity, and Tianjin G12 highly-efficient lamination module project (Phase I) can reach 3GW of production capacity.
Who won Datang Group's strategic purchase of PV modules for fiscal 2020-21?
Datang Group announced the results of its strategic purchase of PV module products for fiscal 2020-21, with Longi, JA Solar, Trina Solar, JinkoSolar and Risen Energy emerging as the winners. The state-owned group plans to buy about 5.5 GW in total, including 4.2 MW pf normal purchases and 1.3 GW of reserve purchases.
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