• SC New Energy has said it will invest RMB 2.5 billion to invest in solar PV production equipment including for PERC and HJT technologies
  • During the period covering 14th Five-Year Plan, Sungrow will build 2 GW solar PV capacity along with energy storage, renewable hydrogen among others in Yuncheng region
  • Linyang Energy has started construction on site for a 200 MW grid parity solar PV project in Hebei province

SC New Energy to raise money: Solar PV production equipment manufacturer SC New Energy Technology Corporation is planning to raise RMB 2.5 billion to invest in 4 major production projects. This includes 20 GW of PERC production equipment capacity, wet-chemical equipment for heterojunction (HJT) and PECVD tools for HJT. However, for TCO deposition they mention building 50 sets annually, according to the company’s stock exchange filing. Back in August 2018, SC New Energy raised RMB 1.13 billion through an IPO (see Successful IPO Of SC New Energy).

Sungrow to build 2 GW PV capacity in Yuncheng: Under an investment cooperation agreement signed with Shanxi Yuncheng government, Sungrow has committed to install 2 GW of PV capacity, energy storage, renewable hydrogen and electric vehicle charging stations etc., for an investment of RMB 10 billion. This investment it plans to make during the period covering China’s 14th Five-Year Plan, reported Yuncheng Traffic Art Broadcasting.   

Ground breaking for 200 MW project: A 200 MW solar power project was launched in Shunping county in Baoding city of Hebei province with its ground breaking ceremony held on September 28, 2020. Linyang Energy is constructing the grid parity project which on completion is expected to generate about 291.5 million kWh annually.