China PV News Snippets: Guangdong, LONGi, Mingyang, Jilin

Once the 500 MW centralized agricultural photovoltaic power generation that Guangdong No.2 Hydropower Engineering’s subsidiary plans to develop in Nanyang City is completed, the company will establish a local project company and begin to pay taxes locally, in full.  (Photo Credit: Abriendomundo/Shutterstock.com)
Once the 500 MW centralized agricultural photovoltaic power generation that Guangdong No.2 Hydropower Engineering’s subsidiary plans to develop in Nanyang City is completed, the company will establish a local project company and begin to pay taxes locally, in full. (Photo Credit: Abriendomundo/Shutterstock.com)
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  • Guangdong No.2 Hydropower Engineering's subsidiary signs 2.5 billion framework agreement with Nanyang City to develop photovoltaic power generation projects
  • LONGi and State Grid Jilin Province Electric Power Co., Ltd. sign strategic cooperation agreement in Xi'an
  • Mingyang Smart Energy to invest in a production project with an annual output of 5 GW photovoltaic high-efficiency cells and 5 GW photovoltaic high-efficiency modules
  • The prices of monocrystal materials touched RMB 150-163/kg ($23.30 - $25.32/kg) by the end of April 2021
  • TaiyangNews Virtual Conference on Very High-Power Solar Modules promises to be exciting as Head of Technology Shravan Chunduri launches TaiyangNews report on very High-Power Modules

Guangdong to invest RMB 2.5 bn to develop 500 MW PV project: In an announcement,  renewable energy engineering constructor Guangdong No.2 Hydropower Engineering Co., stated that its subsidiary has signed a framework agreement for cooperative development of photovoltaic power generation projects with Nanyang City, Henan Province. The company plans to invest RMB 2.5 billion ($0.39 billion) to develop a 500 MW centralized agricultural photovoltaic power generation project.

LONGi & State Grid Jilin sign cooperation agreement: Chinese vertically integrated solar PV company LONGi announced that the company and State Grid Jilin Province Electric Power Co., Ltd. have signed a strategic cooperation agreement in Xi'an. Both the parties will carry out comprehensive cooperation in the fields of new energy project development, technical consulting services, engineering construction, product supply, system integration solutions, and photovoltaic power station operation and maintenance technical support. Recently, LONGi Green Energy Technology entered the hydrogen production space by registering a company officially by the name Xi'an LONGi Hydrogen Technology Co. Ltd (see China's LONGi Group Entering Hydrogen Market)

Mingyang Smart Energy to invest RMB 3 bn in PV production project: Mingyang Smart Energy announced that it plans to invest in a production project with an annual output of 5 GW PV high-efficiency cells and modules each. The total investment amount of the project is RMB 3 billion ($0.47 billion) (excluding working capital) and construction will take 5 years. The production project is expected to be invested in three phases, out of which the first phase will be RMB 600 million ($93.22 million), and will be completed in 2021 with a capacity of 1 GW PV cells and modules  each

Silicon price continue to rise: The prices of prime silicon materials for mono ingots touched RMB 150-163/kg ($23.30 – $25.32/kg) by the end of April 2021, according to PV InfoLink. As material shortage continued, the prices for prime solar poly also continued to rise and was at RMB 170-180/kg ($26.41 – $27.97/kg) in the second week of May. The silicon price has risen by RMB 30-40 /kg ($4.66 – $6.21/kg) since the beginning of April, leading to an increase in prices of wafers, cell and modules.

Day 1 of TaiyangNews Virtual Conference on Very High-Power Solar Modules: Day 1 of TaiyangNews Virtual Conference on Very High-Power Solar Modules promises to be exciting as Head of Technology Shravan Chunduri shares first results on our upcoming report on Very High-Power Modules. This will be followed by presentations from Jutta Trube, Director PV Equipment VDMA; Jorg Althaus,  Global Segment Coordinator TUV Rheinland; Jason Yan, Senior Product Manager LONGi Solar; Andrew Zhang, Technical Sales Manager JA Solar; AJ Hu, Product Manager Astronergy; Leo Cong, Product Manager JinkoSolar. They will preview and discuss the latest trends that will be seen at SNEC, the upcoming world's largest solar fair in Shanghai.

The Conference will be held from May 17 – 18, 2021, 13:00 -17:00 CEST and is being supported by SNEC. Join us. For Agenda and Free Registration, please click here.

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