China PV News Snippets

As Talesun Solar signs 57 MW PV deal for US solar projects, Am Solar establishes RMB 10 million subsidiary, and Chint Solar to invest in 6 GW and 5 GW projects in Yanchi.

Talesun’s PV modules to power 57 MW projects in US: As per a news report, Chinese solar module maker Talesun Solar has announced that it has signed a 57 MW PV module supply agreement for solar power projects in the US. The utility-scale solar power projects are expected to include approximately 126,000 Talesun’s bifacial PV modules, which have been covered by a 12-year warranty on quality assurance, and 30-year linear power output performance guarantee. The solar installations are expected to generate over 67 million kWh of clean electricity annually, enough energy to power over 7,560 US homes for an entire year.

Xingshuaier sets up subsidiary to develop PV business: Xingshuaier Electric Co. Ltd., announced that its holding subsidiary Am Solar has established a wholly-owned subsidiary, Huangshan Fuheng Power Technology, with its own funds, for a registered capital of RMB 10 million ($1.57 million). With this, the company plans to start the solar photovoltaic module business as the entry point, and actively develop clean energy related businesses such as construction, operation and maintenance of photovoltaic power stations.

Chint to invest in 6 GW & 5GW projects in Yanchi: Yanchi County of Ningxia Hui Autonomous Region and Chint Solar, which is a specialized subsidiary of the CHINT group and engaged in PV power station development and PV module production, have signed an agreement. Chint Solar will invest in the construction of a 6 GW new energy equipment manufacturing industrial park project and a 5 GW photovoltaic power generation project in Yanchi County. Last year, Chint Solar had acquired 49% of Zhengli New Energy for RMB 248 mn (see China PV News Snippets: Chint, Trina, JA Solar)