JinkoSolar’s SunTera liquid cooling system for Jiande power system; LONGi to repurchase share with own funds; Huasun breaks through India market with HJT; Jinchen Solar subsidiary to make PV laminators; CNAS lab certification for Chuzhou Jietai Testing Center; China new energy grid connection & consumption 2023 released.

JinkoSolar to supply 100 MWh liquid cooling ESS to Jiande power station: Module supplier JinkoSolar announced that it will be providing its SunTera 100 MWh liquid cooling ESS to 50 MW/100 MW grid-side energy storage power station, located in Jiande, Zhejiang. Safety being the most important aspect of SunTera, this liquid cooling system helps control the differences between the batteries in the cabinets within 2.5 °C. This in turn increases the life of the system and the available energy capacity. This power station, a collaboration between Zhejiang Provincial Energy Bureau and China State Power Grid Corporation, will mark the successful application of the cutting-edge technology of liquid cooling in energy storage engineering, which is expected to promote local energy security and stability. Meanwhile, JinkoSolar General Manager, Energy Storage Business Kevin Liang, in an interview with TaiyangNews, said that for Jinko, the energy storage business has a new strategic focus, which offers new opportunities for growth since it contributes significantly to sustainability of renewable energy (see JinkoSolar General Manager Kevin Liang in Talks With TaiyangNews).

LONGi to repurchase company shares: Chinese vertically integrated solar PV company LONGi said in an announcement that it plans to use its own funds to repurchase some of the company’s ordinary shares (A shares). The company will be doing this via centralized bidding transactions through the Shanghai Stock Exchange system. The funds are expected to be not less than RMB 300 million ($42.18 million) (inclusive) and not more than RMB 600 million ($84.36 million) (inclusive). The company also added that the upper limit of the share repurchase price shall not be higher than 150% of the average trading price of the company’s stock in the 30 trading days before the company’s board of directors considers and approves the repurchase plan resolution. This repurchase is being planned based on the confidence of the company’s growth and development in the future, and also to safeguard the interest of the investors and build investor confidence.

Huasun makes first HJT modules shipment to India: Chinese solar panel manufacturer Huasun said, via WeChat, it has shipped over 10 MW of Huasun 700 W+ modules to India. The product that was shipped is the G12-132 version, which is considered the star product among Huasun’s HJT modules. With a maximum power of 750.54 W, these modules have a conversion efficiency of 24.16%.

Jinchen Solar subsidiary to produce PV laminators: Chinese production equipment supplier Jinchen Solar has announced via WeChat that its subsidiary, Qinhuangdao Jinyu Intelligent Equipment Co., Ltd, held a grand start-up ceremony. Part of the billion-level photovoltaic equipment industry in Qinhuangdao City, the focus of this company is to produce new generation energy-saving, efficient, and fully automatic photovoltaic laminators. With an investment of RMB 500 million ($70.3 million) and spread across 107 acres, the facility is envisioned to produce 800 photovoltaic laminators, with an annual output value of up to RMB 2 billion ($0.28 billion).

Chuzhou Jietai Testing Center wins CNAS lab certification: Over a WeChat communication, high-tech and innovative solar technology enterprise, Jietai New Energy Technology, said that its Chuzhou Testing Center has won the laboratory accreditation certificate, issued by China National Accreditation Service for Conformity Assessment (CNAS). This certification indicates that Chuzhou Jietai Testing Center has now been recognized at the national and international levels for its testing capabilities. Its test reports will now have international authority and global credibility, and will be recognized in over 100 countries and regions around the world.

China’s new energy grid connection and consumption data for 2023 released: The National New Energy Consumption Monitoring and Early Warning Center released the national new energy grid connection and consumption report for 2023. Here are the details for the months from January to December 2023:

• The photovoltaic power generation utilization rate stood at 98%
• The photovoltaic power generation utilization rate in Beijing, Tianjin, Shanghai, Jiangsu, Zhejiang, Anhui, Fujian, Hunan, Chongqing, Sichuan, Guangxi and other places remained at 100%
• Tibet’s photovoltaic utilization rate was 78%, and only 75.2% in December