C&D Clean Energy partners with Cengiz Energy; Central Holdings and Zhonghuan Aineng inks purchase deal; EGing PV to invest in n-type TOPCon PV cell facility; Tongwei plans 25 GW PV module factory; NEA releases national power statistics.
C&D partners with Cengiz for PV product integration services: Renewable energy supply chain service provider C&D Clean Energy recently said via a WeChat communication that it has signed a cooperation agreement with Turkey based Cengiz Energy for photovoltaic product supply chain integration services. As per the agreement, C&D Clean Energy will provide Cengiz Energy with 160 MW of Tier 1 brand half-cell high-efficiency photovoltaic modules and 40 MW of Kstar brand inverters.
Central Holdings to buy 2 PV modules production lines: Corporate management company Central Holdings Group Limited announced that its indirect wholly-owned subsidiary intends to buy two fully automatic PV modules production lines from PV power generation company Zhonghuan Aineng (Jiangsu) Technology. The production lines will include 9 sets of photovoltaic equipment and 80 sets of components. On completion of the production lines, about 2 GW PV modules will be produced, thus enabling Central Holdings to enter the PV business and diversify. The entire transaction is expected to be about RMB 140 million ($19.71 million).
EGing PV to invest in PV manufacturing facilities: Solar photovoltaic products developer EGing PV released an announcement saying that it plans to construct manufacturing facilities in Quanjiao County Economic Development Zone, which will produce 10 GW PV cells, 10 GW PV wafers and 10 GW PV modules annually. Here are more details:
- In the first phase, the construction of 10 GW high-efficiency n-type TOPCon photovoltaic cell facility will begin in October 2022, with an investment of about RMB 5 billion ($0.70 billion). This facility will be completed and put into production by June 2023.
- For the photovoltaic wafer and photovoltaic module facilities that will take place in the second and third phase, only a framework agreement has been signed as of now. The total investment is estimated to be about RMB 5.3 billion ($0.75 billion). However, the actual amount and the start of the facilities will be decided later.
Tongwei to build 25 GW PV module factory: Integrated solar PV manufacturer from China Tongwei Group said that it plans to join hands with Yancheng Economic and Technological Development Zone Management Committee to build a 25 GW high-efficiency photovoltaic module manufacturing facility. The investment of the facility will be about RMB 4 billion ($0.56 billion) and will take about 24 months to complete. Earlier this month, Tongwei had won a 200 MW module bid (see China PV News Snippets). Traditionally, a world leading silicon and cell supplier, Tongwei is now expanding its module business.
NEA releases national power statistics: The National Energy Administration of China has released the national power industry statistics from January to August 2022. As per the release, the national installed capacity of power generation was about 2.47 billion kilowatts by the end of August, which is a year-on-year increase of 8.0%. In this, the installed capacity of solar PV was about 350 million kilowatts, a year-on-year increase of 27.2%. Meanwhile, during the same period, the investments by major power generation enterprises in the country touched RMB 320.9 billion ($45.19 billion), a year-on-year increase of 18.7%. In this, the investment in solar PV power generation was RMB 102.5 billion ($14.43 billion), a year-on-year increase of 323.8%. The investment in power grid projects was RMB 266.7 billion ($37.5 billion), a year-on-year increase of 10.7%.