Seraphim has started building a PV module production facility in Huadu district, Guangzhou, Guangdong province. The company, in collaboration with the city of Guangzhou, will construct a 10 GW PV module manufacturing plant in two phases in Chini, Huadu district, with a minimum investment of CNY 6 billion. Trial production is scheduled to start in December 2025, with full-scale production set for 2026.
JA Solar, in collaboration with the Bayannur municipal government in Inner Mongolia and China Huadian Group, have announced plans to set up a joint venture energy company in Inner Mongolia to build a 5 GW PV module factory. The project involves a total planned investment of CNY1.4 billion. The company will develop a solar panel production workshop, along with associated supporting facilities.
TBEA recorded CNY 98.12 billion of operating revenue in 2023, up 1.79% year on year, while its net profit reached CNY 14.09 billion, down 38.42% from the preceding year. The company completed approximately 2.19 GW of wind farms and PV projects, with a total operational capacity of 3.41 GW from grid-connected power stations.
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