Chinese PV Industry Brief: New inverter and module capacity and 100 MW to alleviate poverty

Three major Chinese PV manufacturers have announced capacity expansion plans over the past week. Chint also released its 2019 financial results, while Kstar unveiled a new inverter supply deal.FIRST to raise funds for new manufacturing base First Applied Material announced plans on Thursday to raise up to RMB1.7 billion (US$240.3 million) by publicly issuing convertible bonds. The six-year bonds can be converted into shares upon maturity, it said. While some of the anticipated proceeds will be used to shore up working capital, the Hangzhou-based EVA film and PV module backsheet manufacturer said ...

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