Canadian Photo voltaic Inc. revealed. that it’ll set up 16 GW of further photo voltaic cell and module capability in Yangzhou, in China’s Jiangsu province.
The Chinese language-Canadian module maker and the town authorities signed an settlement that features the growth of wafer and battery capability. It mentioned development is anticipated to start by the top of June.
By the top of 2023, the corporate expects to succeed in a manufacturing capability of 20 GW of ingots, 35 GW of wafers, and 50 GW of each cells and modules.
In accordance with its monetary outcomes for the third quarter of 2022, its manufacturing capability contains 14.1 GW of ingots, 15.3 GW of wafers, 17.3 GW of cells, and 31.3 GW of modules on the finish of September .
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