Talesun to wager large on sophisticated modern technologies

• Chinese solar maker Talesun has actually introduced strategies to increase as much as $226 million to broaden PV cell and also module manufacturing ability by approximately 2 GW, with a concentrate on heterojunction as well as TOPCon innovations.

Talesun has actually introduced strategies to increase financial investment in its PV cell as well as module manufacturing capability, with a focus on heterojunction (HJT) and also TOPCon (tunnel-oxide passivated-contact) modern technologies.

The solar producer will certainly spend approximately RMB1.58 billion ($ 226 million) in 1 GW of HJT cell and also module capability as well as 1 GW of brand-new TOPCon assembly line, consisting of strategies to retrofit fabs, according to a declaration submitted to the Shenzhen Stock Exchange by moms and dad business Zhongli Group.

Over the following 2 years, Talesun will certainly spend RMB1.2 billion in 4 brand-new HJT cell as well as module assembly line. The firm thinks the brand-new manufacturing capability will certainly produce yearly profits of RMB1.6 billion upon conclusion.

For TOPCon, the firm intends to base its development intend on the alteration of existing lines. It intends to spend RMB375 million to update devices with the most recent TOPCon technology over the following 18 months, Zhongli stated.

Shares problem

The moms and dad business intends to elevate the funds with a personal positioning of 262 million shares to no greater than 35 investors. Talesun head of state Sheng Hao stated business counts on HJT as well as TOPCon as well as intends to keep a leading setting by buying them.

A number of Chinese PV module makers are diverging from the concentrate on PERC modern technologies being gone after by large Longi, by concentrating on HJT as well as TOPCon. According to the CITIC Construction Investment Securities system of the Chinese state-owned CITIC Construction empire, the country was residence to about 2 GW of HJT manufacturing capability by the end of in 2014. That number is anticipated to boost to around 5 GW this year.

In December, a system of Italian utility A2A authorized a bargain to acquire a 1 GW solar growth pipe from Talesun as part of its press to begin constructing subsidy-free solar projects.