- Sinopec builds 18 solarized service station in Zhejiang province, powered by JinkoSolar’s high-efficiency dual glass bifacial solar panels
- Gansu Power Investment Energy Development plans to invest in 500 MW photovoltaic power generation projects
- EGing PV intends to sell some idle assets, mainly the 158.75-size cell and module production line that will be deactivated before May 2021
- The 1 GW solar module production line of Haitai Xinneng Shuozhou production base put into operation
- LONGi to sell an estimated 1,158,200,000 silicon wafers to DAS Solar in 2022
18 Sinopec petroleum station canopies feature Jinko modules: China’s petroleum company Sinopec has built 18 solarized service station in Zhejiang province. These service stations have been powered by module supplier JinkoSolar’s high-efficiency dual glass bifacial solar panels. The work to solarize the service stations had begun in late 2020. Work is expected to accelerate in the coming year as Sinopec focuses on equipping its retail network stations with JinkoSolar’s next generation N-type Topcon module of higher-efficiency, higher rated power, higher bifacility, and optimized current to ensure more, performance and reliability. In the recently concluded TaiyangNews Virtual Conference on Solar Module Innovations, Leo Cong from Global Product Management, Jinko Solar had shared BIPV market analysis (see Leo Cong, Jinko Solar: BIPV Market Analysis and Product Introduction)
Gansu Power to invest in 500 MW PV project: Renewable energy development company Gansu Power Investment Energy Development Co., Ltd. announced its plans to invest in 500 MW photovoltaic power generation projects, which will include the 200 MW Guazhou Ganhekou photovoltaic project and the 300 MW Yongchang River Qingtan photovoltaic power generation project.
EGing PV to sell idle cell and module production line assets: Solar panel maker EGing PV said that it intends to sell some idle assets, mainly the 158.75-size cell and module production line that will be deactivated before May 2021. As of October 31, 2021, the original book value of idle equipment is RMB 650 million ($101.75 million) and accumulated depreciation is RMB 282 million ($44.14 million). In March this year, EGing PV had talked about its intention to transfer 100% of its wholly-owned subsidiary Changji EGing Photovoltaic Technology Co., Ltd. to Beijing United Rongbang New Energy Technology Co., Ltd. (see China PV News Snippets: Suntech; EGing; Baofeng)
Haitai Xinneng 1 GW PV production line put into operation: The 1 GW photovoltaic module production line of Haitai Xinneng Shuozhou production base has been put into operation, the company said in a release. This production base had planned an investment of nearly RMB 300 million ($46.96 million) to introduce MBB production technology, which is compatible with all specifications and sizes of 210, 182 and below. It was in July this year that this 1 GW PV module project was launched (see China PV News Snippets: Antaisolar, Aiko, Haitai, Trina)
LONGi & DAS sign RMB 7.04 billion silicon wafer sales contract: Chinese vertically integrated solar PV company LONGi shared an announcement that it has signed a silicon wafer sales framework contract with Chinese solar PV module and cell supplier, DAS Solar. As per the contract, LONGi will sell an estimated 1,158,200,000 monocrystalline silicon wafers to DAS Solar from January 1, 2022 to December 31, 2023. The total contract value is estimated to be about RMB 7.04 billion ($1.10 billion) (excluding tax). This amount has been calculated referring to the average market price of photovoltaic products announced by PV InfoLink recently (monocrystalline silicon wafer 182mm 6.87 RMB/piece). The actual monthly sales volume will be determined by the supplementary agreement of this contract.
