China PV News Snippets: Jinjing, Arctech, Sungrow

Jinjing To Raise RMB 1.4 Bn For PV Glass Projects; Arctech Obtains First IEC Certification; State Grid Announces 3rd Batch Of Renewable Energy Subsidy Projects; Sungrow 21 MWh Storage Plant Operational

China PV News Snippets: Jinjing, Arctech, Sungrow

Jinjing Technology to raise RMB 1.4 billion for PV glass production projects in Ningxia & Malaysia: Releasing a plan for non-public issuance of A shares in 2021, Jinjing Technology expressed its intention to raise RMB 1.4 billion ($0.22 billion) for the Ningxia Solar Photovoltaic Lightweight Panel Project and Malaysia Three (Solar cell encapsulation glass) project. The Ningxia project with a total investment of RMB 1.36 billion ($0.21 billion) will be implemented in two phases. Recently, Jinjing Technology had released its annual performance report and stated that its annual net profit in 2020 is expected to increase by about RMB 292 million ($45.07 million) (see China PV News Snippets: Jinjing, Shuangliang, Huaneng, Chint)

Arctech obtains first IEC Certification for SkySmart II: Solar tracking, racking and BIPV solutions provider Arctech Solar recently obtained IEC certification for its signature SkySmart II, a string-powered single-axis solar tracker designed to significantly increase stability under strong wind conditions. This 2P tracker also allows for a modular configuration of several fix-fix and fix-free spans, which enables it to accommodate all panel dimensions and string sizes. With the IEC 62817 certification, this 2P architecture becomes the world’s first IEC certified tracker with a synchronous multi-point driving system. The certification was granted by TÜV Rheinland Group.

China State Grid announces third batch of renewable energy subsidy projects for 2021: Announcing the third batch of renewable energy power generation subsidy projects for 2021, the State Grid Corporation of China said that about 1,637 projects have been approved and the total registered capacity is 5 GW. Among them, there are 79 centralized and 1,532 distributed solar power projects; and 23 power generation projects with an approved capacity of 270 MW.

Sungrow 21 MWh solar-plus-storage plant in Japan operational: Solar PV inverter supplier Sungrow’s 21 MWh utility-scale solar-plus-storage project in Hokkaido, Japan, has been put into operation since December 2020. Sungrow had supplied both PV inverters and energy storage systems to the project, spread across 85 hectares. The project has 6 MWdc PV capacity, while AC connection to the grid is limited to just 845kWac, which makes energy storage an ideal solution allowing power to be fed into the grid 24 hours a day.

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