Last year, the Chinese module maker shipped 9.8 GW, and achieved revenue of $4.0 billion. Both gross and net profit, however, declined due to lower ASPs, higher polysilicon prices and increased output from OEM partners.
Only one month after announcing a PERC module efficiency of 20.41%, the Chinese solar manufacturer announced it has now achieved a 23.6% efficiency for its PERC monocrystalline cells, thus beating its own previous records.
Last year’s result surpassed by more than 1 GW the results registered in 2015 and 2016, when the combined capacity of this market segment reached 4.4 GW and 4.3 GW, respectively.
The French tracker maker will be integrated in the ArcelorMittal Projects division of the Luxembourg-based steel manufacturer.
The French independent power producer will use the funds for the development of 1.6 GW of wind and solar in France and Australia.
French energy giant, EDF has announced a plan to develop 30 GW of solar projects in France between 2020 and 2035.
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