Astronergy modules for Canada and Chinese hybrid solar-hydro solar projects; JinkoPower and Cummins to explore solar PV produced hydrogen; Mubang subsidiary to provide 270 million mono Si wafers to Yingli Solar; Gaoce raining funds for production plans.
Astronergy modules for 180 MW DC Canadian project: Astronergy of Chint Group supplied its Astro series solar PV panels for 180 MW DC/132 MW AC Claresholm Solar Farm whose grid connected was officially inaugurated in Canada recently. The project has come up in Southern Alberta and uses 455,758 bifacial double glass panels from the Chinese supplier. Astronergy says these modules are specially designed for severe hail. The Claresholm Solar is a joint venture (JV) between Canada’s Capstone Infrastructure and Obton of Denmark (see Canada’s ‘Largest’ Solar Facility Comes Online).
Astronergy modules for Yalong hybrid project: Chint Solar says it has won the bid to supply its Astro 5 bifacial double glass solar modules for 523.1 MW phase I of Yalong River Hydropower’s 1 GW hybrid solar-hydropower project, touted by the latter as the world’s largest such project under construction (see China PV News Snippets). Chint said it will provide over 900,000 of its solar modules using 182 wafer sized cells for the Sichuan project.
JinkoPower and Cummins enter solar hydrogen partnership: JinkoPower has signed a strategic cooperation agreement with China’s Cummins to jointly explore solar PV powered hydrogen production. Both the companies want to use their respective strengths and experience to develop hydrogen production solution for various application through PV PEM electrolyzers. They will also participate in bidding for large-scale solar PV and hydrogen production projects. Plan is also to venture into distributed PV in the scheme of things. Cummins is a manufacturer of energy products and has set up a new business division called Cummins New Energy Power Division to enter the field of hydrogen.
Yingli Solar to buy 270 million wafers: Yingli Solar has entered into a procurement contract with Haoan Energy to purchase 270 million monocrystalline silicon wafers from the latter. A wholly owned subsidiary of Mubang Hi-Tech, Haoan will fulfill the order in the form of 60 million M10 gallium-doped p-type monocrystalline silicon wafers between July 2022 and December 2022. The other 210 million M10 gallium-doped p-type/phosphorus-doped n-type monocrystalline wafers will be delivered between January 2023 and December 2023. The deal is expected to be worth RMB 1.677 billion as actual sales price will be determined via monthly negotiations.
Gaoce aims to raise RMB 483 million for wafer production: Gaoce has shared a prospectus to issue convertible corporate bonds to raise RMB 483.3 million. Funds will be used for the company’s 12 GW wafer equipment and supporting projects in Leshan, which will provide silicon rods for its 6 GW of large size silicon wafer production, also in Leshan. The company sees these investments as providing it secure supply of raw materials.