Trinasolar to present on Day 3 at TaiyangNews Annual Flagship Conference
Lukas Ye, Product Manager at Trinasolar, will be addressing the topic Usher in TOPCon 2.0 Era with i-TOPCon Ultra-Based n-Type Modules on Day 3 of the TaiyangNews Annual Flagship High-Efficiency Solar Technologies 2024 Virtual Conference.
The event will have PV manufacturers, material suppliers, equipment makers and researchers, who will provide a 360° view of developments for all relevant solar cell and module technologies today & tomorrow.
Part 2 of the Conference will be held on December 10 & 11, 2024. For agenda & free registration, please click: https://taiyangnews.info/our-events/dec-23-1011-2024-high-efficiency-solar-technologies-2024
China’s 1st HPBC 2.0 solar power plant completed
Leading vertically integrated solar manufacturer LONGi has announced that the Longfei Wood Products Factory Solar Power Plant, said to be China’s first HPBC 2.0 distributed solar power project, has been completed and successfully connected to the grid. Located in Yichun City, Heilongjiang Province, the 2.2 MW plant features LONGi's HPBC 2.0 bifacial solar modules with a power output of 630 W and is expected to produce 3.2 million kWh of power annually. LONGi says the HPBC 2.0 bifacial modules can increase the installed capacity by 5% compared to TOPCon modules, resulting in an 8.56% increase in power generation. It said further that the plant is expected to generate an additional 110,000 kWh annually compared to a similar-sized TOPCon solar plant, with a generation gain of 3.56%.
On the company front, it was recently reported that LONGi’s Chairman, Baoshen Zhong, plans to acquire up to RMB 100 million ($13.83 million) of the company’s shares within the next 12 months (see China Solar PV News Snippets).
Astronergy Earns EcoVadis Gold, Ranks Top 5% Globally in ESG
Chint Group subsidiary Astronergy has secured a group-level gold rating from EcoVadis, placing it among the top 5% of companies globally in Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. Astronergy says it is the first PV company to secure EcoVadis Gold in 2024. EcoVadis, a prominent sustainability rating platform, assessed over 75,000 firms across 200 industries, with its group-level evaluation encompassing all Astronergy subsidiaries. Astronergy says this milestone highlights its ESG efforts and its sustainability strategy introduced in 2023.
Recently, Tongwei Solar also announced that it has achieved a Gold Medal in the 2024 EcoVadis sustainability certification rating, with a score of 78 (see China Solar PV News Snippets).
Zhongli Group Announces Financial Investment Plan for Restructuring
Talesun Solar’s parent company Zhongli Group has announced that it has signed a Restructuring Investment Agreement with 17 financial investors, including China Orient Enhanced Income Fund. Zhongli Group plans to conduct a capital increase by transferring 24.5 shares for every 10 existing shares, with a total of approximately 2.136 billion new shares to be issued to introduce restructuring investors and repay debts. The total investment amount by the 17 financial investors is RMB 1.63 billion ($223.93 million), and they will subscribe to a total of 1,186,480,662 shares of the new stock issued for the restructuring. This capital will be used to cover bankruptcy expenses, repay the company’s liabilities, and supplement working capital for production and operations. After the restructuring, these investors will become shareholders of Zhongli Group but will not gain control of the company.
Yingli Solar supplies modules for 1 GW Xinjiang solar power plant
Phase I of the 2 GW solar photovoltaic base project in Alar, Xinjiang has been successfully connected to the grid. Yingli Solar supplied 496.9 MW of high-efficiency solar modules for the project. Located in the desert region north of the Taklamakan Desert, the project uses a ‘grass-solar complementary’ operational model. Yingli claims that its modules' shading function can reduce water evaporation by 20% to 30%, effectively improving the growth environment for desert plants, reducing dust, and helping restore the natural ecology of Xinjiang's desertification areas. Moreover, due to the high efficiency and power output of Yingli modules, the project is expected to generate an average annual power output of 12.2 million kWh.
Wiscom System's integrated source-grid-load-storage project
Chinese smart energy and smart city solution provider Wiscom System has announced that its subsidiary, Shanxi Jinzhihongyang Technology Co., Ltd., will sign a framework agreement with the government of Pingding County, Yangquan City, Shanxi Province. The agreement will cover the investment and construction of a new power system project integrating wind power, solar photovoltaic, energy storage, and low-carbon parks. The project, with about RMB 3 billion ($411.52 million) in investment, will integrate local power-side and load-side resources, mobilize load-side response capabilities, and achieve coordination and multi-directional interaction among the various links of source, grid, load, and storage, using a virtual power plant (VPP) model to participate in power balancing and assume corresponding responsibilities. This is expected to create a highly integrated new power system with source-grid-load-storage integration.
SPIC’s PV and energy storage verification platform included in Central State-owned Enterprises List
The National Photovoltaic and Energy Storage Verification Experimental Platform (Daqing Base), managed by State Power Investment Corporation (SPIC), has been successfully included in the first batch of projects in the ‘Expansion of Application of Technological Achievements in Central State-owned Enterprises’ list. This list was jointly issued by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), the Ministry of Industry and Information Technology (MIIT), and the National Energy Administration (NEA). The platform, built and operated by SPIC subsidiary Huanghe Hydropower Development Co.,Ltd, is used to carry out solar PV construction design and verification experiments, with approximately 640 experimental schemes planned, corresponding to a scale of approximately 1.05 GW. Currently, the first and second phases of the platform have been put into use, covering mainstream photovoltaic and energy storage products, as well as new products for promotion and application. SPIC indicated that the 3rd and 4th phases will apply experimental results such as their self-developed string inverter integration platform, energy storage integration synchronous generators, smart monitoring and analysis systems for solar plants, and real-time online testing and analysis systems.