China PV News Snippets: Kong Sun, Jinko, LONGi

Kong Sun PV Installed Capacity At 1.1 GW; Jinkopower & China Power To Jointly Bid For 600 MW PV Uzbekistan Project; LONGi & Jinjing Sign PV Glass Purchase Order

China PV News Snippets: Kong Sun, Jinko, LONGi

There has been an increase in the electricity generated by the solar power plants owned by Kong Sun Holdings, when compared to the corresponding period previous year. This January, the company's 1.1 GW generated 125 GWh. (Photo Credit: Kong Sun)

  • Kong Sun Holdings Limited’s solar power plants generate an aggregate volume of about 125 GWh of electricity in January 2021
  • JinkoPower intends to form a consortium with China Power International to jointly participate in the bidding for an Uzbekistan PV power plant project
  • Ningxia Jinjing Group and LONGi Solar sign a long-term sales and purchase contract for photovoltaic glass

Kong Sun PV plants’ capacity reach 1.1 GW: Investment group Kong Sun Holdings Limited’s solar power plants have generated an aggregate volume of about 125 GWh of electricity in January 2021, the company said in an announcement. Last year, the aggregate volume for the corresponding period was about 90 GWh, the company’s preliminary operating statistics revealed. The total installed capacity of the Group reached 1.1 GW by Jan. 31, 2021.

JinkoPower & China Power to jointly bid for 600 MW PV Uzbekistan project: PV power station operator JinkoPower intends to form a consortium with China Power International, a subsidiary of State Power Investment, to jointly participate in the bidding for the Uzbekistan photovoltaic power plant project, the company announced. The total investment of the three individual projects to be tendered is about RMB 4,191 million ($651 million). The shareholding ratio of each party and the project financing plan have not been finalized yet. Last year, JinkoPower had expressed its intention to sell 70% of its stakes in Fuzhou Linchuan Jinko Power Co., Ltd. and Ruichang Jinko Power Co., Ltd. to State Power Investment Group Jiangxi Power Co., Ltd (see China PV Snippets: Zhongli, Jinko, CSI, Tongwei, GCL, LONGi)

LONGi Solar and Jinjing Technology sign long-term purchase order for PV glass: Chinese glass producer Jinjing Group has said that its holding subsidiary Ningxia Jinjing Group and LONGi Solar and its three subsidiaries have signed a long-term sales and purchase contract for photovoltaic glass. The two parties will negotiate the purchase price on a monthly basis as per the agreed price mechanism. In case the market fluctuation is significant, the two parties will initiate temporary price negotiations. If calculated as per the recent average market price of PV glass, the total contract value is estimated to be about RMB 1.6 billion ($0.25 billion) (excluding tax). LONGi has been quickly expanding and said in December, it has become the 1st solar brand to have set a new record for exceeding total module shipments of 20 GW (see LONGi Exceeds 20 GW Module Shipments In 2020). At the recent TaiyangNews Virtual Conference on Advanced Solar Modules it provided the lastet on its high performance PV panels (see How Smart Soldering is crucial for Advanced Solar Modules at TaiyangNews Conference on Advanced Solar Modules)

 

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