TBEA says it will invest CNY 10.16 billion ($1.4 billion) in 3 GW of solar and wind projects with storage, backed by equity and syndicated loans, as part of plans to complete the solar plant by 2025 and wind project by 2026.
Longi has released a back-contact solar module with 24.8% efficiency, featuring a power output of up to 670 W and a temperature coefficient of -0.26% per degree Celsius.
UtmoLight has reached 18.1% efficiency with its perovskite PV modules, according to results confirmed by the US National Renewable Energy Laboratory (NREL).
China installed 277.57 GW of solar in 2024, up 28.3% from 2023 and bringing total capacity to 887 GW., according to the China Photovoltaic Industry Association (CPIA).
China Huadian has started building a 19.24 GW wind-solar-coal-storage project in China’s Qinghai province. The $11 billion project will deliver 36.5 TWh of electricity per year to Guangxi province.
Solar glass prices continued to climb this week, with 2.0 mm sheets rising 8% to CNY 13.5 ($1.85) per square meter and 3.2 mm sheets up 9.8% to CNY 22.5, according to the China Nonferrous Metals Industry Association (CNMIA).
Daqo has recorded a $345.2 million net loss for 2024. The Chinese polysilicon manufacturer said revenue fell due to significantly lower average selling prices and a drop in sales volume.
Renshine Solar says it is building a gigawatt-scale perovskite PV module factory in Jiangsu province, with a planned investment of CNY 1.25 billion ($172.4 million). Its perovskite solar panels hit a power conversion efficiency of 18.4% in January 2024.
The selected bidders are Trina Solar, Antai Ke Clean Energy, Xin Yuan Electric, Guoqiang Xing Sheng Energy Technology, and TBEA, with the winning bid prices ranging from CNY 0.209 ($0.29)/W to CNY 0.221/W.
The result was confirmed by China’s National Solar Photovoltaic Product Quality Supervision and Inspection Center. The tandem device is relying on a bottom cell based on a heterojunction design.
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