LONGi releases new module – Hi-MO 5m 54c; IRICO inks RMB 3.6 bn deal with Jinko; TBEA Xinjiang partners with Hongdong for 1 GW PV power generation and supporting facilities; JCS Solar launches subsidiary to expand PV business; China Huadian, Coolead and DAS Solar meet to discuss PV development.
LONGi adds 54-cell module to Hi-MO 5 product line: Vertically integrated solar PV company LONGi made an announcement that it has released a new module named the Hi-MO 5m 54c. With 54 cells, this new Hi-MO 5m module is designed mainly for residential and C&I rooftop systems, produces a maximum power output of 415 W, and achieves an efficiency of 21.25%. The new Hi-MO 5m 54-cell module will further expand LONGi's Hi-MO 5 product line and make it available for small and medium-sized C&I applications.
IRICO & Jinko Solar sign 3.6 bn PV glass order: Solar PV glass producer IRICO Group New Energy Company announced that it has got into an agreement for the supply of photovoltaic glass with module supplier Jinko Solar. As per the agreement, IRICO will sell products worth RMB 3.6 billion ($0.57 billion) (tax inclusive) to Jinko Solar. The term of the contract expires in October 2024. Last year, IRICO had raised RMB 2 billion ($0.31 billion) for the development of ultra-thin, high-transmission photovoltaic glass production projects (see China PV News Snippets: IRICO, Huawei, Jiawei, Three Gorges)
TBEA to invest in 1 GW PV project in Hongdong: Solar PV inverter company TBEA issued an announcement that its holding company, TBEA Xinjiang New Energy, has signed a contract with Hongdong County People's Government and Huaxiang Co.,Ltd., for 1 GW photovoltaic power generation and supporting facilities. The total investment of the project is RMB 4.3 billion ($0.68 billion), of which the investment for 1 GW photovoltaic power station is RMB 4 billion ($0.63 billion), and the investment for supporting PV production is RMB 300 million ($47.35 million). In Dec. 2021, TBEA Xinjiang New Energy had invested in the construction of the Xingtang 200 MW PVhotovoltaic project and the Shisanfang 49.5 MW wind power project (see China PV News Snippets)
JCS Solar to expand PV business through subsidiary: Photovoltaic enterprise JCS Solar announced plans to invest and establish a wholly-owned subsidiary with a registered capital of RMB 5 million ($0.79 million). The purpose of this investment is to better expand the company's photovoltaic business and enhance market competitiveness.
China Huadian, Coolead & DAS focus on PV development: As per media reports, China Huadian Group Co., Ltd. Fujian Branch, Coolead and DAS Solar got together to discuss the development of photovoltaic models and new photovoltaic modules. They want to promote the application of PV projects in South China.