CECEP Solar to invest in 100 MW forest-PV and 200 MW agri-PV power projects; TaiyangNews Webinar on 21 April 2022 – Free Registrations going on; Tongwei increases cell prices; Akcome releases 2021 annual report; JinkoSolar wins SPIC’s 100 MW project bid.
CECEP Solar to invest RMB 1.18 billion in 300 MW PV project: Holding subsidiary of China Energy Conservation and Environmental Protection Group, CECEP Solar Energy Technology, announced that it intends to invest in the construction of CECEP Yongxin Luxi 100 MW forest-photovoltaic power generation project with its wholly-owned subsidiary CECEP (Yongxin) Solar Technology as the main body. The total investment will be RMB 436 million ($68.4 million). At the same time, the company plans to invest in the construction of a 200 MW agricultural photovoltaic power station project in Jialiang, with a wholly-owned subsidiary CECEP (Libo) Solar Technology as the main body with a total investment of RMB 745 million ($117.01 million).
TaiyangNews Webinar on European Solar Developments 2022: If you wish to learn the latest on solar supply, demand and prices in Europe, do join our TaiyangNews Webinar on European Solar Developments 2022 – How to Manage Gigantic Interest for Solar Power on 21 April 2022, from 10:00 to 11.30 (CEST). As the European Commission asks to double solar deployments in 2022 for the EU to get independent of Russian gas imports at a time of material supply shortages and high product prices, TaiyangNews has invited speakers from leading consultancies, solar market research firms, and stakeholders in the PV supply chain – BloombergNEF, JinkoSolar, Gessey, Enerparc – to analyze today’s situation and discuss what to expect in the European solar market in the coming months. For Free Registration, click here.
Tongwei releases latest solar cell pricing: Integrated solar PV manufacturer from China, Tongwei Group, has announced the latest pricing for monocrystalline solar cells. Compared to the last quote (see China PV News Snippets), the prices now are as follows:
- Monocrystal PERC cell 166 (160μm thickness) is RMB 1.13/W ($0.18/W), an increase of 1.8% from its previous quote
- Monocrystal PERC cell 182 (160μm thickness) is RMB 1.17/W ($0.18/W), an increase of 1.7%, from its previous quote
- Monocrystal PERC cell 210 (160μm thickness) is RMB 1.17/W ($0.18/W), an increase of 0.9%, from its previous quote
Akcome registers operating revenue of RMB 2.5 billion: Releasing its annual report, Chinese solar cell and module producer Akcome Technology said that it has achieved an operating revenue of RMB 2.5 billion ($0.39 billion) in 2021, down 16.16% year-on-year. Its solar module revenue was RMB 1.3 billion ($0.2 billion), accounting for 53.3% of the operating revenue. The PV module frame revenue was RMB 483 million ($75.8 million), while the solar module bracket revenue was RMB 463 million ($72.7 million). The report suggests that the company’s profits had been affected by multiple complex factors such as complicated international trade barriers, significant increases in logistics prices, and restrictions on energy consumption dual control policies, as well as dramatic fluctuations in the prices of raw materials.
JinkoSolar wins SPIC’s 100 MW project bid: Module supplier JinkoSolar announced that it has won the 100 MW bid of Baiji Xinping Agricultural and Solar Project in Yongning District. This project is being constructed by Nanning Jisheng New Energy Co., Ltd., a subsidiary of State Power Investment Corporation (SPIC), and will use its N-type TigerNeo series bifacial double glass modules. Jinko will speak on April 21 at TaiyangNews Webinar on European Solar Developments 2022 – How to Manage Gigantic Interest for Solar Power (see above).