A huge renewable energy complex is planned to include 5 GW of PV capacity. Furthermore, the State Power Investment Corporation has announced a plan to set up a 5 GW heterojunction solar cell factory in Fujian province.
The Chinese leader has revealed some details of his nation’s commitment to go carbon neutral by 2060. That solar and wind power promise could even prove to be a conservative estimate, according to the nation’s solar industry.
Meanwhile, the China Photovoltaic Industry Association (CPIA) has confirmed that newly installed PV capacity for this year should be around 40 GW.
Deli Glass announced on Monday that it would invest RMB2 billion ($303 million) in a new PV glass production facility with a daily capacity of 2,000 MT. Furthermore, a plan to transfer around 2 TWh of renewable energy power from China’s eastern provinces to Tibet was announced.
BYD more than doubled November vehicle sales but posted a drop in January-to-November business. Xinyi Glass is looking to grow its assets, while GCL-Poly is raising capital.
The Chinese giant, which had a $40 billion stock price yesterday, has announced it shipped 20 GW of solar panels by Monday.
And Risen has agreed to buy 2.25 billion wafers from monocrystalline wafer manufacturer Wuxi Shangji Automation, while Trina has cornered another 30,000-ton slice of the global polysilicon market.
JA Solar has agreed to sell three solar farms to China Power Investment Corporation, while Tongwei announced lower prices on a number of cells and eight leading players are calling for the standardization of PV products with 210 mm wafers.
Kibing Group and CECEP have announced plans to increase their PV glass and solar module capacities, respectively. China Energy Investment Corp is planning a 400 MW solar park in the Xinjiang Uygur autonomous region.
Meanwhile, Chinese state-owned energy company State Power Investment Corporation (SPIC) has acquired a solar energy developer in Mexico and JA Solar has started construction on the second phase of its 20 GW ingot factory in Yunnan Province.
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