Markets

China PV News Snippets: GCL, Daheng, Tianjin, Jinko

Meena Nair
  • Xian GCL and Suzhou GCL to sell to Three Gorges 5 operational solar power plants with an aggregate grid connected capacity of approximately 469 MW
  • Daheng Energy's first Solar Unit connected to grid
  • Tianjin Municipal Government gets into a strategic cooperation agreement with China Huadian Corporation
  • PVEye's market research agency 2020 Japanese module shipment market report shows that JinkoSolar continues to occupy the leading position in the Japanese market with 1.1 GW sales

GCL to sell 2nd batch of 469 MW power plants to China Three Gorges: In an announcement, Xian GCL New Energy and Suzhou GCL New Energy (indirect subsidiaries of GCL-Poly and GNE) said that they and Three Gorges Asset Management Co., Ltd have entered into the second phase share purchase agreements. Xian GCL and Suzhou GCL will be selling to Three Gorges 5 operational solar power plants in the PRC with an aggregate grid connected capacity of approximately 469 MW. The transaction amount is approximately RMB 1.39 billion ($0.21 billion). Meanwhile, first phase share purchase agreements between Henan GCL New Energy and Suzhou GCL New Energy and Three Gorges, to the tune of RMB 365 million, took place few days ago (see China PV News Snippets: JinkoSolar, Qianyuan, GCL, GoodWe)

Daheng's 1st solar unit smart PV system successfully grid-connected: In an official ceremony, smart photovoltaic systems equipment manufacturer Daheng Energy's first Solar Unit was connected to the grid. This smart system is specifically aimed at the global household photovoltaic market. Daheng Energy Solar Unit adopts integrated micro-unit design, making the design of the power station more flexible and convenient to install.  The new product will be displayed at Daheng Energy's booth at the upcoming Shanghai located SNEC Exhibition.

Tianjin and China Huadian sign strategic cooperation agreement: Tianjin Municipal Government announced that it has got into a strategic cooperation agreement with China Huadian Corporation. Through this agreement, during the 14th Five-Year Plan period, China Huadian plans to invest RMB 20 billion ($3.05 billion) in Tianjin Energy and will be focusing on accelerating project construction in areas such as wind energy, solar energy, natural gas distributed energy, integrated energy, and energy storage. Recently, China Huadian had procured 7 GW PV modules and string inverters (see China PV News Snippets: Huadian, Zhonghuan)

Jinko ranks first in 2020 Japanese module shipment market report: The recently released 2020 Japanese module shipment market report by Japan's industry media PVEye's market research agency showed JinkoSolar as continuing to lead the position in the Japanese market with 1.1 GW sales. The module supplier is the only company who managed shipments over 1 GW last year. Second in position is Canadian Solar with shipments of 910 MW, third is JA Solar with 800MW, followed by Hanwha and Trina Solar.