Picture: Dave Tacon with pv journal
GCL Integration has began constructing a 12 GW module manufacturing facility in Funing, Jiangsu province in China. The Chinese language PV panel maker stated it invested CNY 2 billion ($290.4 million) within the new facility, which is able to host 14 manufacturing strains.
GCL Integration expects to start manufacturing actions on the new facility in October. With the brand new manufacturing facility, the whole photo voltaic panel manufacturing capability will attain 30 GW.
The corporate additionally introduced plans to boost CNY 6 billion via a non-public placement of shares. It stated it would make investments round CNY 3.88 billion in a brand new TOPCon photo voltaic cell manufacturing facility with a capability of 10 GW in Wuhu, Anhui province.
It stated it would additionally make investments CNY 1.2 billion in a brand new battery manufacturing facility with a capability of 10 GWh in Xuzhou metropolis, Jiangsu province. As well as, it plans to construct a 60 GW module think about Hefei metropolis, Anhui province.
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