JA Solar says it has launched a hydrogen business with the establishment of JA Hydrogen, a new unit based in Beijing with a registered capital of CNY 100 million ($13.8 million).
YES solar energy said it has established JA Hydrogen in Beijing under its subsidiary JA Solar Investment (China) Co., Ltd., with a registered capital of CNY 100 million. The new company will operate as a unit of the group in the hydrogen energy sector. Since 2019, several leading Chinese solar companies, including Sungrow, Longi Green Energy and Trina Solar, have launched similar hydrogen-focused subsidiaries.
QC solar energy said it aims to raise up to CNY 186.15 million through a simplified share issuance plan by 2024. The funds will support a new PV junction box bypass protection module project, which will have an annual capacity of 247.1 million panels once it is operational. It said it will use the additional capital to build a production line for PV storage connectors and harnesses, aiming for annual production of 5.91 million units. Based in Suzhou, Jiangsu Province, QC Solar specializes in PV electrical security systems, connectors, cables, EV charging solutions and industrial automation systems.
Canadian Solar Inc. (CSI) said its subsidiary, CSI PV Tech (Suzhou), has been added to the list of approved inverter suppliers of China Huaneng Group. Delivery of CSI’s 320 kW inverters to Huaneng projects in Jiangsu province began in November. CSI PV Tech’s inverter range now ranges from 5 kW to 350 kW, with string energy storage inverters between 200 kW and 215 kW, for residential, commercial and utility applications.
Kibing Group said it plans to invest MYR7.2 billion ($1.62 billion) in a solar glass factory in Kimanis, Malaysia. The project includes two major agreements with state-owned enterprises. It has signed a sub-lease agreement between its subsidiary, SBH Kibing Solar New Energy (M) Sdn Bhd, and Fokasrama Sdn Bhd, which is part of the Sawit Kinabalu Group. It has also reached an agreement with Sabah Energy Corp. Sdn Bhd to supply 45 million standard cubic feet of natural gas per day. Once completed, the factory will become one of the largest solar glass production facilities in Sabah, Malaysia.
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