Photovoltaic Bracket Leader Goes to Sea, Plans to Invest 430 Million to Build 3GW Plant in Brazil

2023-10-26 09:15:20

From 2016 to 2020, the company ranked among the top five photovoltaic tracking brackets in the world.

CITIC Bo announced on October 25 that in order to optimize the layout of overseas production capacity and enhance sales coverage and service support in Latin America, the company built a 3GW production base through its Brazilian subsidiary, with a total investment of no more than 430 million yuan.

Previously, the company registered in Brazil in March 2023 to establish a wholly-owned subsidiary, CITIC Bo Brazil Limited Liability Company, as a window for the company to develop its market in Latin America. According to InfoLink Consulting, China's total exports of photovoltaic modules to the Americas reached 24.8GW in 2022, up 50% year-on-year, with most of the increase coming from the Brazilian market, according

to CITIC Bo. According to IEA data, Brazil's new PV installed capacity reached 9.9 GW in 2022, ranking fifth in the global new market.

The construction of production base in Brazil can enhance the company's sales coverage and service support of delivery capacity in Latin America, and promote the realization of the company's global strategic objectives. According to

the data, CITIC Bo was founded in 2009. After 14 years of development, the company has become the world's leading manufacturer and solution provider of photovoltaic tracking brackets, fixed brackets and BIPV systems, and ranked among the top five photovoltaic tracking brackets in the world between 2016 and 2020. In August 2020, the company was listed on the Shanghai Stock Exchange and became the first photovoltaic bracket leader on the Shanghai Stock Exchange.

By the end of 2022, the operating income of CITIC Bo is as follows: the photovoltaic industry accounts for 99.57%.

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2025-06-23 09:14:27

15 PV projects rejected/terminated! Involving central state-owned enterprises such as Guodian, Guoneng and China Electric Power Construction

On June 19, according to incomplete statistics from the Digital New Energy DataBM. Com, four photovoltaic projects have been abandoned and 11 photovoltaic projects have been terminated since the beginning of 2025.

2025-06-19 18:36:03

Xinjiang 1GW PV project removed from grid connection list!

On June 18, the Development and Reform Commission of Shihezi City, the eighth division of the Sinkiang Production and Construction Corps, issued a public announcement on the list of new energy projects that will integrate the newly built 4.6GW (Phase I 2.6GW) photovoltaic power generation project and 1GW photovoltaic power generation project out of the Corps market.

2025-06-19 18:28:56

The total investment is 5 billion yuan! Jiangsu 10GW photovoltaic cell project put into production!

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2025-06-11 22:24:29

How about the local photovoltaic enterprises after the 5 magnitude earthquake in Yunnan?

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2025-06-03 14:29:01

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2023-12-30 23:34:14

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2023-12-30 23:03:46

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2023-12-29 10:06:29

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2023-12-29 08:57:32

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2023-12-28 17:23:12

The total investment is 14.2 billion yuan! Announcement of environmental impact assessment of 150,000 tons of industrial silicon + 125,000 tons of high-purity crystalline silicon project

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2023-12-28 09:46:19

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2023-12-27 09:53:20

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Construction of an annual output of 125,000 tons of polysilicon supporting 145,000 tons of industrial silicon project.

2023-12-27 08:58:15

To expand production against the trend, Tongwei invested another 28 billion to build a 500,000-ton industrial silicon + 400,000-ton polysilicon project

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2023-12-26 08:56:42

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2023-12-25 09:11:38

10.9 billion, silicon wafer "unicorn" 16GW module project Phase I put into operation

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2023-12-24 12:00:00

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It is planned to be completed and put into operation within 12 months from the date of signing the agreement.

2023-12-23 20:48:14

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2023-12-21 09:21:10

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2023-12-20 14:13:59

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2023-12-19 17:20:36

The total investment is 4 billion yuan! Guoqiang automation photovoltaic production base project started

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2023-12-19 10:28:52

The project of 100,000 quartz crucibles + 3,600 tons of quartz sand + 40,000 silicon parts has been put into production!

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2023-12-18 10:20:48

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2023-12-14 13:06:34

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2023-12-13 18:11:29

Jiangsu 12 GW Heterojunction Battery Project Officially Started!

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2023-12-13 18:07:53

3GW per year! Energy-saving Report of Chuangu Photovoltaic Module Project Approved!

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2023-12-13 13:43:59

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2023-12-12 13:13:41

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2023-12-11 17:07:49

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2023-12-11 11:35:49

Liancheng CNC Wuxi Phase II Base Put into Production!

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2023-12-04 11:39:59

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2023-12-01 10:36:14

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2023-12-01 10:26:25

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2023-12-01 09:19:24

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2023-11-30 09:19:59

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2023-11-28 17:22:44

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2023-11-28 09:35:14

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2023-11-21 10:27:08

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2023-11-20 10:20:05

The total investment is 10.2 billion! Jingao Technology Shijiazhuang 10g W Slice + 10GW Battery Project Put into Production

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2023-11-20 09:57:42

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2023-11-17 11:37:36

Commissioning of Hesheng High Purity Silicon Project with Annual Output of 200,000 Tons!

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2023-11-09 10:54:01

Aolian Solar 60 * 60 cm Perovskite Module Has Successfully Rolled Off the Production Line

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2023-11-03 17:47:27

5GW！ Jingao Technology Baotou Base officially put into production

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2023-11-02 11:24:27

Hefei Huasheng's first batch of 182R heterojunction batteries went off the production line smoothly

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2023-10-30 10:31:47

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2023-10-29 13:25:46

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2023-10-27 09:47:49

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2023-10-26 10:00:07

Silently doing big things, silicon upstart component project offline

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2023-10-26 09:32:34

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