Tongwei Loses 3.973 Billion Yuan in Q1-Q3 2024
PVTIME – On 31 October 2024, Tongwei Co.,Ltd.(Tongwei, 600438.SH) announced its financial results for the first three quarters of 2024 that its operating income was 68.272 billion yuan, down 38.73%…
Finance
Shenzhen S.C to See Revenue Increase in Q1-Q3 2024
PVTIME – On 17 October 2024, Shenzhen S.C New Energy Technology Corporation (Shenzhen S.C, 300724.SZ), a fast-developing new energy equipment manufacturer with R&D capabilities in equipment and processes, released its…
IPO Filed! Drinda Applies for Listing on HKEX
PVTIME – On 15 October 2024, Hainan Drinda New Energy Technology Co. (Drinda, 002865.SZ), a China-based company principally engaged in the research, development, production and sale of photovoltaic cells, submitted…
IPO Cancelled! SAJ Withdraws Its Application to SSE
PVTIME – Recently, Guangzhou Sanjing Electric Co. (Sanjing Electric/SAJ), a manufacturer and supplier of motor drive and control technology, renewable energy conversion, transmission and storage solutions, announced that its application for…
IPO Suspension! Silicon Processor Meike Solar Suspends IPO Application
PVTIME – After two years of applying for an IPO on the Shenzhen Stock Exchange (SZSE), Jiangsu Meike Solar Technology INC, a high-tech company based in China that specialises in…
20GWh! Sungrow to Raise Funds for Energy Storage and Inverter Projects
PVTIME – On 14 October 2024, Sungrow, the world’s leading PV inverter and energy storage system provider, announced its proposal to raise funds of not more than 4,877,854,900 yuan to…
300 Million Yuan! First Applied Material Funds Film Factory in Thailand
PVTIME – On 8 October 2024, Hangzhou First Applied Material Co., Ltd. (603806.SH), a leading manufacturer of EVA film, announced its intention to use 300 million yuan of its raised funds…
1.1 Billion Yuan! Arctech to Raise Funds for R&D and Production of Solar Trackers
PVTIME – Arctech Solar Holding Co., Ltd. (Arctech, 688408.SH), a leading manufacturer and supplier of intelligent solar trackers, fixed-tilt structures and BIPV systems for utility-scale and commercial solar PV projects…
5.5GW! ACWA Power Secures $2.6 Billion Financing for 3 PV Plants in Saudi Arabia
PVTIME – ACWA Power, the Saudi Arabian energy giant, has recently secured SAR 9.7 billion (approximately US$2.6 billion) in financing from a consortium of banks for the construction and operation…
38.529 Billion Yuan! LONGi Discloses It Performance in H1 2024
PVTIME – PV giant LONGi has recently released its performance figures for the first half of 2024. In the reporting period, LONGi generated revenue of 38.529 billion yuan (approximately $5.42…
