Chinese PV production equipment manufacturer Maxwell Unveiled plans to collect up to CNY 1.97 billion (USD 272 million) via a Cabriolet offer for non -specific investors. Net yield will finance a new Perovskite Tandem Solar Cell Equipment Production project. The CNY 2.14 billion initiative (USD 296 million) will be overstrained for three years and will be built in Suzhou in the province of Jiangsu and Xuancheng in the province of Anhui. After completion, the facility will produce 20 sets of tandem production equipment for solar cells annually.
In the distributed solar segment, Microinverter Specialist Hemiles Signed a CNY 1 billion (USD 138 million) Partnership agreement with China Huarong Financial Leasing. The two companies will develop residential solar projects in the next three years. Hooymiles will identify customers and delivery equipment, while Huarong will buy and lease the systems to end users, who will refund through income from electricity generation. Hooymiles will also supervise operations and maintenance and has guaranteed the performance of generation.
China Clean Energy Solar, a subsidiary of state -owned companies China Energy Conservation and Environmental Protection Group (CECEP), announced on 29 May that the more than 828 MW of planned photovoltaic projects would initially postpone that was initially financed by a placement of 2022 and an upcoming 2025 convertible bond issue. The delays are attributed to factors such as delayed land transfers and standard values of contractors.
In the meantime, Linyang -Energy Signed two energy storage agreements of a total of 860 MWh with the SVAM of Italy and the Suntrade of Sweden. The Suntrade order – 300MWH – will support projects in Sweden, Finland and other Nordic markets. The remaining 560mWh will be used in Italy. All systems will use Linyang’s in-house liquid-cooled battery technology and smart energy management platform.
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