星期二, 15 7 月, 2025
Home PV Companies Solargiga reports nine-month figures

Solargiga reports nine-month figures

Shipments and revenue both rose in the first three quarters, for a company which this year announced the painful consequences of winding down its cell manufacturing operation were behind it.

Source:pv magazine

Chinese manufacturer Solargiga has published unaudited year-to-date figures which show its revenue rose 15.2% in the first nine months of this year, compared with the same period of 2020 – although the note issued on the Hong Kong Stock Exchange this morning listed January-to-September “2010” as the comparative window.

According to the company, which no longer produces solar cells, it shipped 5,352 MW worth of its PV ingots, wafers and modules in the latest nine-month period, up 11.6% from the 4,795 MW figure posted a year earlier.

Solargiga stated its total revenue for the period was CNY4.89 billion (US$760 million), up from CNY 4.25 billion (US$660 million), including CNY 4.85 billion (US$753 million) from its solar manufacturing and project development operations, up from CNY 4.23 billion (US$657 million) in the first nine months of last year.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

India will add 8,500 MWh of storage within the next two years

India Central Electricity Authority Chairperson Ghanshyam Prasad said on Wednesday that 3,300 MW of Battery Energy Storage System (BESS) projects are in the pipeline...

Coal giant snaps up solar thermal project in landmark deal for long duration storage technology

AGL, Australia’s biggest coal generator, has snapped up a newly approved solar thermal project in South Australia, adding to its options for long duration...

Al Kharsaah: A Pioneering Solar Power Plant in Qatar

Located 80 km west of Qatar's capital, Doha, the Al Kharsaah Solar PV Independent Power Producer (IPP) project is the country's first large-scale solar...

OMV Petrom Buys 50 Pct Stake in Gabare Solar Project

OMV Petrom S.A. has acquired a 50 percent stake in the Gabare solar project from Enery Element, a large-scale project in Byala Slatina, near...