Chinese PV Industry Brief: TCL Zhonghuan completes acquisition of Das Solar

TCL Zhonghuan completed the acquisition of Chinese module maker Das Solar on July 2. According to previously disclosed information, the deal gives TCL Zhonghuan access to 20 GW of advanced n-type TOPCon cell capacity, primarily TOPCon 3.0, and 50 GW of module capacity. TCL Zhonghuan also announced a technology upgrade plan, investing CNY 1.4 billion ($206 million) to convert the full 20 GW of cell capacity to back-contact (BC) production lines and CNY 1.2 billion ($176 million) to upgrade 25 GW of module capacity to BC module assembly lines. Once completed, the upgrades will provide TCL Zhonghuan ...

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