Sungrow signs liquid cooling ESS supply deal; Huasun to build 20 HJT fab in Yinchuan; SPIC launches first 0BB HJT module; GCL Perovskite touch 27.34% efficiency; Shichuang Energy delays solar manufacturing projects; Trina Solar to repurchase company’s shares.
Sungrow supplies liquid cooling ESS to Atlas: Solar PV inverter supplier Sungrow announced that it will be supplying its PowerTitan liquid cooling energy storage system to Atlas Renewable Energy, which is one of the largest independent power producers in Latin America. The ESS is towards the BESS del Desierto 880 MWh station located in Chile. Considered to be the largest independent storage plant in the region, BESS has been designed to store excess PV energy during transmission constraints and release it when the grid can handle the load, thus enhancing regional electricity flexibility and sustainability. Once it is completed, the plant is expected to inject an additional 280 GWh of electricity into the Chilean grid annually.
Huasun signs up for 20 GW HJT fab: Chinese solar panel manufacturer Huasun announced the signing ceremony of a 20 GW heterojunction factory, dedicated monocrystalline silicon material, in Yinchuan City. With an investment of RMB 4.5 billion ($0.62 billion), the factory on completion, is expected to have an annual output value of RMB 6 billion ($0.83 billion). Meanwhile, Jimmy Xu, Chairman & CEO of Huasun, spoke exclusively to TaiyangNews as part of TaiyangNews & SNEC 2024 – Solar Leadership Conversations (see Jimmy Xu, Huasun At TaiyangNews & SNEC Leadership Talks)
SPIC launches first 0BB HJT module: The Chinese State Power Investment Corporation (SPIC) New Energy announced that its Longgang manufacturing face has begun the trial production of its first 0BB (zero-busbar) heterojunction module. The plant has an investment of RMB 6.07 billion ($836.36 million) and its 0BB technology, which is considered a breakthrough in solar module manufacturing, eliminates the main busbars on traditional cells. This in turn enhances significantly the light absorption and electrical performance, thereby improving overall conversion efficiency and effectively reducing production costs.
27.34% conversion efficiency in tandem solar modules for GCL Perovskite: Perovskite solar modules producer, GCL Perovskite, has said that its perovskite-silicon tandem solar module, with an area of 2050 cm², has achieved a conversion efficiency of 27.34%. This has been certified by the China National Institute of Metrology. This has surpassed its own record set in April, where a module with .71 m² area reached a conversion efficiency of 26.36%.
Shichuang Energy delays solar manufacturing projects: Solar wet process auxiliaries company, Shichuang Energy, said that it is delaying several of its solar manufacturing and R&D projects. This includes the:
- RMB 114.09 million ($15.72 million) high-efficiency solar cell equipment expansion project, which has been postponed from Q2 of 2024 to Q2 of 2026
- RMB 126.79 million ($17.46 million) new materials expansion and automation upgrade project, which has been delayed from Q2 of 2024 to Q2 of 2025
- RMB 217.786 million ($30.00 million) R&D center and informatization construction project, which has been delayed from Q2 of 2024 to Q2 of 2026
The company had raised RMB 768.02 million ($105.83 million) through a public offering of A-shares in June 2023 to fund these projects.
Trina Solar to repurchase company’s shares: In an announcement, Chinese solar module manufacturer, Trina Solar, said that it plans to spend RMB 1 billion ($0.14 billion) to RMB 2 billion ($0.28 billion) to repurchase the company’s shares. The repurchase price per share is supposed to be about RMB 31 ($4.27), which is not higher than 150% of the average trading price of the company’s shares. Meanwhile, TaiyangNews met up with Yunduan Cao, Head of Global Branding and Marketing, Trina Solar at SNEC 2024 and had a conversation with her (see Yunduan Cao, Trina Solar at TaiyangNews & SNEC Leadership Talks)
