China Aneng to build 400 MW PV project in Hotan; Risen installs PV modules for Zhejiang Yilin Machinery; Jolywood reports RMB 231 million net profit in H1/2022; Eging PV’s 5 GW module fab to start production soon; PowerChina fishery-PV project begins construction.
China Aneng wins 400 MW PV project bid: China Aneng Third Bureau, member of China Aneng Construction Group and engaged in civil engineering construction, announced that it has emerged winner for the 400 MW PV project bid in Hotan. This will include the construction of 3 projects – Celle 50 MW, Moyu 150 MW and Luopu 200 MW PV power generation projects.
Risen zero-carbon solutions for Zhejiang Yilin Machinery: Chinese solar panel maker Risen Energy said it is installing photovoltaic modules for Zhejiang Yilin Machinery Co Ltd. The company is providing its 3 MW TITAN series steel frame modules, which adopts advanced technologies such as MBB, high-density packaging, and non-destructive cutting. This series is equipped with Risen’s original alloy steel frame technology that is known for its tear and corrosion resistance. The company is striving to connect to the grid as soon as possible. Risen talked about such steel-framed modules at our TaiyangNews Intersolar Review Conference (see Strengthening High Efficiency HJT Modules with Robust Frame Design).
Jolywood reports profits in H1 2022: Releasing its 2022 semi-annual report, bifacial solar cell and module manufacturer Jolywood said that it has achieved:
- Revenue of RMB 4.6 billion ($0.68 billion), a year-on-year increase of 95%
- Net profit of RMB 231 million ($34.18 million), a year-on-year increase of 643%
- Non-net profit of RMB 211 million ($31.22 million), a year-on-year increase of 4330%
The company said that this is its best semi-annual report since 2014.
EGing PV’s 5 GW module fab to be put into production in Q4: A 5 GW ‘high-efficiency’ module factory of EGing PV, a solar photovoltaic product manufacturing company, will be soon put into production, the company said on its website. The project has an investment of about RMB 857 million ($126.81 million) and is spread across 200 acres. The project is expected to become operational by Q4/2022 and achieve an annual operating income of about RMB 9-12 billion ($1.3-1.7 billion).
PowerChina fishery-PV project begins construction: As per local media reports, PowerChina Chongqing Engineering’s fishery-photovoltaic power station project has begun construction. Located in Xiantao, the Phase I of the project is about 100 MW and has an investment of about RMB 2 billion ($0.30 billion). The project is expected to be operational by 2022 – 2023, and once that happens it is said to be saving 170,000 tons of standard coal and reducing 1,798 tons of smoke and dust emissions every year.
