Where will Zhonghuan's solar cells be produced?

All solar cells produced at the factory will be supplied for Zhonghuan's PV module products. Haitai Solar says it has canceled an investment deal in the city of Yancheng, Jiangsu province, for a 10 GW TOPCon cell factory, citing uncertainty over land-related concerns.

Will TCL split Zhonghuan solar company into three companies?

TCL said it plans to split the Shanghai-listed solar manufacturer into three companies. It will inject more than RMB2 billion ($285.8 million) to help Zhonghuan develop its semiconductor and PV businesses. China's National Energy Administration (NEA) said on Wednesday that new residential PV installations hit 767.5 MW in June – a monthly record.

Does TCL Zhonghuan have a solar cell plant?

TCL Zhonghuan plans to expand its manufacturing capacities across the value chain with a 25GW solar cell plant. Image: Unsplash

What is TCL Zhonghuan doing?

TCL Zhonghuan says it plans to generate CNY 13.8 billion ($1.92 billion) via a private share placement to build a 35 GW super-thin polysilicon wafer factory and a 25 GW n-type TOPCon cell plant in Guangzhou, Guangdong province. All solar cells produced at the factory will be supplied for Zhonghuan's PV module products.

How many photovoltaic panels does China make?

China makes and supplies more than 80 per cent of the world’s photovoltaic panels, according to the International Energy Agency.

Who owns Ningxia Zhonghuan solar plant?

The plant is owned by Ningxia Zhonghuan Solar Material, a subsidiary of Zhonghuan Semiconductor. The plant and supporting project is the first in which Zhonghuan has invested in Ningxia province, at a total of some 12 billion RMB.