Chinese PV Industry Brief: Longi was the world’s largest module manufacturer in 2021
According to PVInfolink, the top 10 solar manufacturers accounted for over 160GW of shipments or a global market share of 90% in 2021.
Chinese PV Industry Brief: China added 53 GW of new PV capacity in 2021
The National Energy Administration (NEA) reported this week that the newly installed PV capacity for the Chinese market reached around 53 GW last year. Of this capacity, around 29 GW comes from distributed generation projects. The country’s cumulative installed power reached 306 GW at the end of December.
Chinese solar industry may reach 500 GW module capacity by year end
According to Asia Europe Clean Energy (Solar) Advisory (AECEA), this huge capacity may not be met by actual demand in the global market. Furthermore, the consultancy reveals that solar module prices should reach a price level of up to RMB 1.75 ($028)/W by the second half of the year, and that in 2021 new PV additions totaled 53 GW with more than half of this capacity being delivered by distributed generation.
Chinese PV Industry Brief: Longi unexpectedly raises PV wafer prices
Furthermore, Tongwei secured 104,800,000 wafers from Shuangliang and PV module manufacturer Yingli said its capacity has reached 8GW.
Chinese PV Industry Brief: JinkoSolar announces Jiangxi Jinko’s IPO pricing
Jiangxi Jinko plans to issue 2 billion shares at RMB5.00 per share and expects to raise net proceeds of around RMB 10.0 million. Solar manufacturer Solargiga said it expects a 17% revenue growth for 2021.
Green bond in Bangladesh attracts investors in trading debut
The first green bond issued in Bangladesh is attracting investors and funding Beximco Group’s large-scale, Chinese-backed solar PV projects with a combined capacity of 230 MW. The government may soon use bonds to similarly finance infrastructure projects.
Chinese PV Industry Brief: Jinko switches on 8 GW TOPCon factory, Tongwei announces skyrocketing profits
Solar manufacturer JinkoSolar announced on Wednesday that its 8 GW TOPCon cell factory in the Anhui Province has started manufacturing activities. Polysilicon supplier and solar cell maker Tongwei announced on Thursday it expects to achieve a net profit of up to RMB 8.5 billion ($1.33 billion) with a YoY increase of around 136%.
Chinese PV Industry Brief: PetroChina reveals results of 4.5GW procurement tender
The energy company will buy panels from JinkoSolar, Risen Energy, Canadian Solar, JA Solar, GCL Integration and Longi. Elsewhere, Xinyi Solar and Golden Solar have both announced new transactions to strengthen their business.
State Grid of China switches on world’s largest pumped-hydro station
Located in China’s Hebei province, the 3.6GW facility consists of 12 reversible pump generating sets with a capacity of 300MW each and has a power generation capacity from storage of 6.612 billion kWh.
World’s largest floating PV plant goes online in China
Huaneng Power International has switched on a 320 MW floating PV array in China’s Shandong province. It deployed the plant in two phases on a reservoir near its 2.65 GW Dezhou thermal power station.
