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Golden Solar New Energy Technology Holdings Limited ( (HK:1121) ) just unveiled an announcement.
Golden Solar New Energy Technology Holdings Limited has announced a joint venture agreement with Yiwu JA Solar Technology Company Limited and Gold Stone (Fujian) Energy Company Limited to establish a new company in China for the production of 4GW HBC solar cells. This initiative will leverage Golden Solar’s patented technology, aiming to upgrade existing facilities to HBC technology, which offers the highest conversion efficiency among mass-producible solar cell technologies. The project is expected to position the upgraded Yiwu factory as a global leader in HBC production, potentially enhancing the company’s market position and offering significant benefits to stakeholders.
More about Golden Solar New Energy Technology Holdings Limited
Golden Solar New Energy Technology Holdings Limited operates in the renewable energy sector, focusing on the development and production of advanced solar technologies. The company specializes in solar cell technology, particularly hybrid passivation back contact (HBC) solar cells, and aims to enhance energy conversion efficiency through innovative solutions.
YTD Price Performance: -24.00%
Average Trading Volume: 569,252
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.1B
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