China Resources Power said Astronergy, a subsidiary of Chint New Energy, won both segments of its third PV module procurement round for 2024, securing a total of 1 GW. The contracts include 700 MWp of n-type bifacial double-glass modules rated at 610 Wp or more for the first segment and 300 MWp of the same type rated at 580 Wp or higher for the second. The winning bid price for both segments was CNY 0.6229 ($0.088)/W.
China Power Construction said Anhui Huasun New Energy (Huasun) was the top candidate in its 1,500 MWp tender for n-type HJT solar modules, with Risen Energy listed as the second and third candidate. Results for the remaining 500 MWp segment have yet to be disclosed.
Canadian Solar (CSI) said its Recurrent Energy subsidiary has secured a $500 million financing deal with BlackRock’s Climate Infrastructure Fund. BlackRock made its first investment in June 2024, following the plan's initial disclosure in January 2024. Upon completion of the transaction, BlackRock will acquire a 20% stake in Recurrent Energy, while Canadian Solar will retain the majority. Since its founding in 2009, Recurrent Energy has developed more than 11 GW of PV projects and 3.7 GWh of energy storage capacity across six continents.
China's National Energy Administration (NEA) has issued a draft of the “Management Measures for the Development and Construction of Distributed Photovoltaic Power Generation.” The draft regulation, spanning seven chapters, outlines requirements for industry management, project filing, construction standards, grid integration, and operational management. It is set to replace the “Interim Measures for the Management of Distributed Photovoltaic Power Generation,” which was enacted in 2013. The NEA originally planned to revise the 2013 guidelines in 2017 but postponed it until now. Public consultation on the draft runs from Oct. 9 to Nov. 8, 2024.
DR Laser said it has signed a significant procurement agreement with an unnamed PV industry leader and its affiliated entities. The CNY 1.229 billion deal accounts for 76% of DR Laser’s 2023 revenue and covers the supply of laser equipment and retrofitting services for the client's XBC production lines. Deliveries under the contract are set to begin in the fourth quarter of 2024, with revenue recognition expected by the end of 2025.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.