Chint New Energy completes 1.5 billion yuan in Series B financing

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Recently, Chint New Energy Technology Co., Ltd. announced the completion of 1.5 billion yuan in Series B financing. Yunhao Capital invested as the lead investor. Hillhouse Capital, CICC Capital, Zhaoxi Capital, Haining Jianshan New District State-owned Assets, and Wenzhou Yueqing State-owned Assets participated in this round of financing. This round of funds will be used for the expansion of Chint New Energy’s TOPCon battery module production capacity.

It is understood that Chint New Energy is a manufacturing enterprise under the Chint Group that focuses on photovoltaic cells and modules, and its development history can be traced back to 2006. The company has deployed intelligent manufacturing bases in Haining, Zhejiang, Yancheng, Jiangsu, Jiuquan, Gansu, Thailand and other places. By the end of 2022, it will form about 18GW of module production capacity and 13GW of battery production capacity. Astronergy focuses on the R&D, production and sales of high-efficiency crystalline silicon solar cells and modules, and launched the ASTRO series of high-efficiency module products, focusing on large-size, single-sided and double-sided series, which can meet the needs of large-scale ground power stations, industrial and commercial distributed power stations, household power stations, etc. Full-scenario use requirements.

At present, Chint New Energy’s business covers more than 140 countries and regions around the world. At present, it has deployed intelligent manufacturing bases in Haining, Zhejiang, Yancheng, Jiangsu, Jiuquan, Gansu, Songyuan, Jilin, Thailand and other places, and in Germany, Spain, the Netherlands, Poland, the United States, and Canada. , Brazil, Australia, Singapore, Japan, Thailand and other countries have established branches and sales centers, and the products are sold to Europe, North America, Latin America, Australia, Asia Pacific and other markets.

In 2020, Chint New Energy will start the R&D layout of N-type technology. At present, the company’s TOPCon mass production yield rate is climbing smoothly, and the conversion efficiency is excellent.

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