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.
The Chinese module maker is preparing to bring to the market 25.97%-efficient heterojunction solar cells based on copper metallization. The new products are based on ultra-narrow 9-micron busbars, vacuum-deposited copper interconnects and proprietary interface engineering.
The new manufacturing facility will require an investment of CNY 8 billion ($1.1 billion) and will be located in Suining, Sichuan province.
Tongwei originally intended to invest CNY 5 billion ($700 million) to buy a 51% stake in Runergy.
The Chinese perovskite solar cell and module maker said its custom-designed double-glass perovskite modules measure 1,200 mm x 1,000 mm and achieve a light transmittance of around 40%.
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