China’s Huasun opens 3.6 GW heterojunction panel plant

Huasun, a Chinese heterojunction module specialist, says it has invested CNY 5.4 billion ($761.2 million) in its new new 3.6 GW solar factory.

Image: Huasun

Share

From pv magazine Global

Huasun has started manufacturing at its new 3.6 GW heterojunction module factory in Wuxi, Jiangsu province, requiring a CNY 5.4 billion investment. Construction commenced in March 2023, with trial production starting in January. The facility will produce the company’s 210R rectangular heterojunction solar modules, using 182 mm x 105 mm rectangular-cut silicon wafers.

Sungrow has surpassed market expectations in its 2023 performance forecast, anticipating an operating income between CNY 71 billion and CNY 76 billion, up 76% to 89% year on year. The company expects a net profit ranging from CNY 9.3 billion to CNY 10.3 billion, indicating a substantial year-on-year increase of 159% to 187%. It attributed its expectations to the successful expansion of its core businesses, including PV inverters, energy storage systems, and renewable energy investment and development.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

KPI Green secures Letters of Intent for 917 MW DC of solar, hybrid RE projects
25 July 2024 KPI Green Energy has secured a cumulative solar capacity of 250 MW AC (275 MW DC) and hybrid RE power projects of 370 MW AC (642 MW DC) in Gujarat Urj...