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ENERGY & UTILITIES | Renewables / Solar
alcom.com.cn

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Stage

IPO | IPO

Total Raised

$34.27M

Date of IPO

8/15/2011

About Akcome

Provider of solar accessories in China. The company provides frames of solar panels, EVA film, junction box, solar bracket and solar applied system. The proudcts are exported to Japan, European Union, and United States. [Keywords: cleantech, energy efficiency, industrial products]

Akcome Headquarter Location

1015 Qinfeng Road, Hongmiaoyuan District Huashi Industrial Park, Jiangyin

Wuxi, Jiangsu, 214425,

China

86 510 86972386

Latest Akcome News

Chinese PV Industry Brief: Mixed financial results for wafer, glass and module makers

Jul 16, 2021

Image: Akcome Share Wafer producer Zhonghuan Semiconductor has published the preliminary financial results for the first half of 2021. The company said it expects to achieve revenue of up to RMB 18 billion ($2.79 billion) during the period, with a year-on-year increase of 108%. Net profit is predicted to come in at up to RMB 1.55 billion, which would represent 188% growth over the first six months of 2020. Zhonghuan said the positive performance is due to the expansion of its capacity and strong market demand for 210 mm-sized products. At the end of June, the manufacturer had an annual production capacity of 70 GW. Shanghai-listed panel maker GCL System Integration said it expects a net loss of up to RMB 270 million in the first half of 2021. The company explained the loss comes from several key factors, including the price hike for polysilicon, the suspension of several large-scale solar projects in China, and a non-recurring loss of around RMB 100 million coming from liabilities related to the sale of PV power plants. Shanghai-listed silicon wafer manufacturer JYT Corporation reportedly posted a net profit of up to RMB 470 million in the first half of the year, an increase of up to 105% compared to the same period a year earlier. The company currently has an annual production capacity of 8 GW and plans to reach 20 GW by the end of the year. Popular content Module manufacturer Solargiga yesterday reported an unaudited 12% rise in first-half revenue, from RMB 2.6 billion ($402 million) in January-to-June last year to RMB 2.91 billion ($450 million) this time around, with shipments of solar ingots, wafers and modules up 18% to 3.38 GW. Chinese solar manufacturer Akcome Tech announced it may incur a net loss of around RMB 70 million for the first six months of 2021. According to its preliminary statement, the negative result was due to the cost rise of upstream components, including wafers and solar cells, and higher prices for supporting materials, such as copper, aluminum, steel and glass. This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com . Share Save my name, email, and website in this browser for the next time I comment. By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment. Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so. You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled. Further information on data privacy can be found in our Data Protection Policy . Newsletter

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