Trina Solar and Al-Raebi get into a 5-year partnership agreement to supply 500 MW modules to Yemen; JinkoSolar's n-TOPCon yield gain touches 5.21%; Shouhang New Energy gets nod for IPO; Trina Solar Vertex S+ module reaches Australia.
Trina & Al-Raebi partner for module supply in Yemen: Chinese solar module manufacturer Trina Solar announced that it has entered into a 5-year partnership deal along with Al-Raebi for Trading (Al-Raebi) to supply 500 MW module shipments to Yememi market. Al-Raebi is Trina Solar's authorized distributor in Yemen. This comes close to the heels of Trina Solar completing 40 MW n-type module deal last year. As per the new partnership, in 2023, Trina Solar will supply Al-Raebi with 100 MW of Vertex N modules. The newly upgraded Vertex N series brings module efficiency to as high as 22.4%, with power reaching 605 W and 695 W for residential, C&I PV applications and utility settings. It was in October 2022 that Trina had presented its new Vertex N solar module for the C&I and utility scale segment (see New Trina Solar Vertex N Modules Launched). Recnetly, Trina Solar present details about the company's n-type i-TOPCon solar products at a TaiyangNews Conference (see Jerry Cao, Trina: Trina's n-Type Solar Product).
JinkoSolar's n-TOPCon yield gain touches 5.21%: Module supplier JinkoSolar announced that its client Datang Huayin Electric Power had recently released a comparison power generation data collected from its 200 MW facility Loudi, Hunan. The outdoor field gain yield of n-TOPCon is about 5.21% compared to the conventional p-type products, according to the company. This is higher than its theoretical benchmark of 3%. With higher efficiency, higher bifacial factor, and higher energy generation, combined with lower degradation, lower temperature coefficient, lower BOS and LCOE, n-type TOPCon cells and modules are rapidly overtaking the market share of PV technologies, the company emphasized. JinkoSolar presented about its n-type TOPCon monocrystalline solar technology at the recent TaiyangNews Solar Module Innovation Conference (see Leo Cong, JinkoSolar: The Tiger Neo in 2023).
Shouhang New Energy IPO gets a go ahead: As per local media reports, Shenzhen Stock Exchange Listing Review Committee has given a go ahead to Shouhang New Energy for its initial public offering of shares. The notice said that the company has met the requirements for issuance, listing and information disclosure. Established in 2013, Shouhang New Energy is involved in research and development, production, sales and service of new energy power equipment. The focus has been on conversion, storage and management of solar power. The core products of the company include photovoltaic on-grid inverters, storage inverters, and energy storage batteries. In this IPO, Shouhang New Energy plans to publicly issue about 93 million A-share common shares, raising about RMB 3.5 billion ($0.51 billion). This fund will be used towards research and development and construction of new energy products.
Trina Solar Vertex S+ module reaches Australia: In an announcement, global PV and smart energy total solution provider Trina Solar said that NEG9R.28, its latest Vertex S+ module has arrived in Australia. With an efficiency touching 22% and a maximum output power of 440 W, the n type dual-glass module is lightweight and flexible enough to cater to both residential and commercial and industrial ("C&I") rooftop requirements. Keeping the specifics of residential rooftops in Australia, Trina Solar designed the latest Vertex S+ NEG9R.28 module to be compact and lightweight. It measures just below 2m2 and 21.1kg. This is so that the modules can easily fit and be installed in a wide range of scenarios. To add to this, the NEG9R.28 has a short circuit current of less than 10.7A, and is compatible with the majority of commonly used inverters on the market. In Febraury 2023, Trina Solar released Vertex S+ as the upgraded version of its Vertex solar module series (see Trina Solar Touts 22.3% Efficiency For Vertex S+ Module).