L R AS Published on Monday 16 November 2020 - n° 340 - Categories:China
Chinese manufacturers at a glance: JA Solar CEO in jail, orders for 100,000 tonnes of silicon; Trina Solar (405 W panel and results); liquidation of Hanergy
Chinese manufacturers at a glance: JA Solar CEO in jail, orders for 100,000 tonnes of silicon; Trina Solar (405 W panel and results); liquidation of Hanergy
JA Solar's founding president, Jin Baofang,has been arrested by anti-corruption authorities
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JinkoSolar places an order for 100,000 tonnes of silicon from Tongwei, to be delivered by the end of 2023
https://www.pv-tech.org/news/jinkosolar-tongwei-sign-long-term-polysilicon-deal-worth-100000mt
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Trina Solar is relaunching its ambitions in the residential and professional sectors with its 405 W vertex S panel. It expects a capacity of 10 GW in 2022. It uses 40 complete 210 mm cells, (instead of 50 on the other panels) which are cut in three. The weight of the panel is reduced to 21 kg; its length is 1.75 metres. The first sales will take place in Europe
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Over nine months, Trina Solar generated sales of $3bn (+19% over 2019). Net income reached $124 million (+119%), more than doubling. This is due to the increase in profit margins on panels
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Auction sale of the production equipment of Alta Devices, a subsidiary of Hanergy.
In 2020, Hanergy stopped production and laid off staff at its subsidiariesCIGS MiaSolé, Solibro, Global Solar Energy and Alta Devices, as well as at its headquarters in China.
