China PV News Snippets: CECEP, JiaWei, China 3 Gorges, CEC

CECEP Solar Energy For 6.5 GW & 1.5 GW Projects; Jiawei To Acquire 20% Of Qingyang New Energy; China Three Gorges To Build 800 MW Project; CEC: Newly Added PV Installed Capacity In Oct At 4.17 GW
11:01 PM (Beijing Time) - 26. November 2020
Newly added photovoltaic installed capacity in Oct at 4.17 GW

China Electricity Council recently released a briefing, which showed that the newly installed photovoltaic capacity was 4.17 GW in October 2020, and the cumulative installed capacity year-to--date has reached 21.88 GW. (Photo Credit: China Electricity Council)

Key Takeaways

  • CECEP Solar Energy has approved its subsidiary to invest in the first phase of cell and module manufacturing project in Gaoyou, Jiangsu Province
  • JiaWei Renewable Energy said that its wholly-owned subsidiaries Shanghai Jiawei and Hunan Xinhua Hydropower will acquire stakes in Zhenfa New Energy and GCL Photovoltaic
  • Three Gorges will be investing RMB 6 billion ($.91 billion) to develop 800 MW of wind and solar energy projects in Leibo
  • Newly added photovoltaic installed capacity in Oct at 4.17 GW, according to China Electricity Council

CECEP Solar Energy to add 6.5 GW & 1.5 GW production capacity: China Energy Conservation and Environmental Protection Group (CECEP) Solar Energy Co., Ltd. has given green light to its subsidiary, CECEP Solar Energy Technology (Zhenjiang) Co., Ltd, to invest in the first phase of an ‘intelligent’ manufacturing project in Gaoyou, Jiangsu Province. The solar cell module producer said that the new factory will have an annual output of 6.5 GW high-efficiency solar cells and 1.5 GW modules. The total investment is expected to be about RMB 2.963 billion ($.45 billion). In July, CECEP had launched a 166mm cell based 445 W module and announced a new 182 mm cell 540W module for Q3/2020.

JiaWei to acquire 20% of Qingyang New Energy for RMB 70 mn: China based photovoltaic power plant developer and operator, JiaWei Renewable Energy, said that its wholly-owned subsidiaries Shanghai Jiawei and Hunan Xinhua Hydropower Co., Ltd. intend to sign an equity transfer agreement with Zhenfa New Energy and GCL Photovoltaic. Shanghai Jiawei will be acquiring a 20% stake in Qingyang New Energy for RMB 70 million ($10.65 million), while Hunan Water Resources will acquire an 80% stake in Qingyang New Energy for RMB 280 million ($42.58 million).

China Three Gorges to build 800 MW project: Clean energy company China Three Gorges Corporation and Leibo County, Sichuan Province signed a new energy project strategic cooperation agreement in Chengdu. Three Gorges will be investing RMB 6 billion ($.91 billion) to develop 800 MW of wind and solar energy projects in Leibo. The first phase of the investment will be about RMB 600 million ($91.25 million).

China adds 4.17 GW in October, according to CEC: A recently released briefing by the China Electricity Council shows that newly installed photovoltaic capacity was 4.17 GW in October 2020, and the cumulative installed capacity for the first 11 months reached 21.88 GW.

TaiyangNews Virtual Conference on High Efficiency Solar Technologies: There are only 5 days until our Virtual Conference on High Efficiency Solar Technologies will start on  Dec. 1. As we all know, high efficiencies are key to further decrease of cell and module cost, and this is what will be discussed in-depth at the conference. You can listen to varied viewpoints from JinkoSolar, JASolar, LONGi, Risen Solar, Jolywood, SunPower, Rena, Toyal, CSEM, Fraunhofer ISE, ISC Konstanz as we’ve invited global leaders from research, production equipment and materials supply and cell/module manufacturing to share their view on the topic from different angles.

The conference will take place from December 1-4, 2020, each day from 14:00 – 17:00 CET, and will also see the launch of TaiyangNews Heterojunction Solar Technology 2020 Report (see Agenda & Free Registration)

Meena Nair

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Meena Nair