L R AS Published on Sunday 21 March 2021 - n° 355 - Categories:company results, capacity increase/decrease

China's Solargiga abandons cell production

Chinese cell manufacturer Solargiga is forecasting a 2020 loss of RMB 215m ($33m) due to

aging industrial tooling and silicon cost increases, forcing it to stop cell manufacturing. Nevertheless, the company shipped 6.8 GW (+65% over 2019). Sales are up 37% to RMB 6.05bn.

https://www.pv-magazine.com/2021/03/17/solargiga-board-expects-annual-loss/

PV Magazine of 17 March 2021

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