Zhongli subsidiary signs PV module supply contract with ACISA: Solar module supplier Zhongli Group, in an announcement, said that its wholly-owned subsidiary Talesun Solar has signed a PV module supply contract with Aeronaval de Construcciones e Instalaciones, S.A. (ACISA), a Spain based construction group. As per the contract, Talesun Solar will be selling 170 MW PV modules to ACISA for a total amount of approximately RMB 258.08 million ($40 million). Last month, Talesun had signed a contract with CPV Maple Hill Solar, LLC for the supply of 127 MW of PV modules (see China PV News Snippets: Pingli, Zhongli, Datang, LONGi)
Goldwind to set up RMB 500 mn JV: Chinese Wind power technology Goldwind released an announcement saying that it will set up a joint venture with Sungrow New Energy and China Three Gorges Renewables Group, for a registered capital of RMB 500 million ($77.49 million). The focus of the joint venture will be on R&D of energy storage systems and the development and construction of energy storage, wind power and PV power plants.
LONGi & Xi'an University open strategic cooperation: Chinese vertically integrated solar PV company LONGi has signed a strategic cooperation agreement with Xi'an Jiaotong University, a Photovoltaic news report said. Both the parties will together establish the Jiaotong University-LONGi Zero Carbon Energy Research Institute, and integrate the scientific research and educational resources of the University. They will also jointly carry out energy research projects for zero carbon, promote the transformation of green energy, and enhance the development of green energy and circular economy.
Hangzhou Star to invest RMB 300 mn for 1 GW PV module production project: Hangzhou Star Shuaier Electric Appliance announced that its holding subsidiary, Am Solar Co.Ltd, has signed an agreement with Huangshan Economic Development Zone in Anhui Province to purchase real estate for the construction of 1 GW PV module factory. The total investment of the project is RMB 300 million ($46.5 million) and the investment in the first phase of construction will not be less than RMB 100 million ($15.50 million). On completion of the project, the annual output value is expected to reach RMB 1.8 billion ($0.28 billion). In a second phase, the company plans to expand production capacity with an investment of RMB 200 million.
#3DaysToGo for TaiyangNews What's Hot In European Solar R&D Virtual Conference: TaiyangNews will be hosting What's Hot In European Solar R&D Virtual Conference, co-organized by EU funded HORIZON 2020 PV projects GoPV, HighLite, HIPERION, SUPER PV. The Conference, spread across 3 days and will take place from June 28-30, 2021 from 9.30 – 12.10 CEST, will provide background on the latest solar research in Europe on cell, module and system designs as well as manufacturing to show how LCOE on the solar system side can be further reduced. For #FreeRegistration, click here.