New factory for Trina Solar's 550 W Vertex modules: Trina Solar has inaugurated its new manufacturing plant in Yancheng, Jiangsu province where it will start mass production of Vertex 550W ultra-high-power modules. Equipped with advanced production equipment and industrial facilities, the highly automated fab can roll out these modules with multi busbar technology, non-destructive cutting and high density packaging. In the official release, the company did not mention annual production capacity of the Yancheng fab. Trina Solar aims to report a cumulative module manufacturing capacity of 22 GW by the end of 2020 and reach about 50 GW by the end of 2021 (see Trina Solar Increased H1/2020 Shipments By 37% YoY).
Tongwei solar cell price for October 2020: Tongwei Solar has released its solar cell prices for the month of October 2020 leaving them more of less unchanged compared to September 2020 (see China PV News Snippets: Topray Solar, Tongwei, DKEM). Polycrystalline cell diamond wire 157 has been priced at RMB 0.62 ($0.091) per W, up 2 points from last month. Monocrystalline single/double sided 158.75mm PERC cells as well as 166mm cells have been priced at RMB 0.97 ($0.14) per W each.
Yingli modules for high-speed railway station: Yingli Solar has supplied its solar modules for Xiongan High Speed Railway Station with a combined capacity of 6 MW. The solar power system installed on 42,000 sq. mtr rooftop of the station will generate 5.8 million kWh annually to be consumed by the station onsite. The station is yet to be officially completed and once it does, it will be the largest high-speed railway station in Asia, according to the company.
Jiayu to invest RMB 10 billion on renewable energy: Jiayu Group plans to invest RMB 10 billion ($1.47 billion) on developing the Chaoyang Demonstration Base Project where it will invest RMB 1.5 billion ($220 million) on the research and development and solar module production, solar thermal and clean heating projects among other projects. The main part, RMB 8.5 billion ($1.25 billion) will be used to construct a 1 GW solar power generation project, 1 GW wind energy project and 500,000 solar thermal and clean heating projects, according to Polaris Solar Photovoltaic Network.