State-run China Energy Investment Corp. (CEIC) has revealed plans to install up to 30 GW of solar. Chinese solar stocks, meanwhile, rose sharply this week.
Canadian Solar has agreed to invest $1.5 billion in a 10 GW solar cell and module factory in eastern China. GCL New Energy, meanwhile, has revealed the terms of a plan to sell a solar project portfolio to state-owned Huaneng.
And module manufacturer Trina Solar announced on Monday afternoon that the company has signed an agreement with the government of Yancheng City, Jiangsu Province, for the construction of a 10 GW solar module factory.
The Chinese giant now has plans in place to hit more than 50 GW of panel capacity – and 26 GW of cell lines – next year.
Plus, panel maker Risen began construction of a 15 GW cell and module factory in Yiwu, in the central Zhejiang province of eastern China.
A new week has brought another slew of big production capacity announcements as online retailer JD.com prepares to install 200 MW of solar rooftop capacity and project developer SFSY reported on a promising new business stream.
More than 1 GW of subsidized small solar arrays were installed in China last month alone and manufacturer Suntech has announced the start of operations at its 500 MW Indonesian cell and module fab.
As one of the most rapidly growing inverter manufacturers, Ginlong Solis went public and became listed on the Shenzhen Stock Exchange (SZSE) early last year. With the support from the capital market, Ginlong Solis continued its rapid growth. According to Wood Mackenzie, the company ranked among the top ten inverter manufacturers in terms of global product shipments in 2019. How has Ginlong Solis developed its market strategy? What new products and solutions is Ginlong Solis showcasing at SNEC 2020 in Shanghai? And how is the company dealing with the impact from the COVID-19 pandemic? These issues are addressed in the following interview with Wang Yiming, the founder and CEO of Ginlong Solis.
Power company Datang Group is reportedly planning to spend around $148 million replacing a coal-fired power plant with a 200 MW solar project in Shanxi province and two solar players are set to issue stock.
Once an industrial solar giant, Suntech has worked hard to rebuild its foundations and regain a solid footing in the global PV industry, following its financial crash in 2013. pv magazine caught up with CEO Tang Jun at this year’s SNEC 2020, held in Shanghai, China, last month, to find out its plans for the future, and how the Covid-19 pandemic has affected operations. Strong global growth and continued multi-crystalline production are two cornerstones of the business.
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