China PV Snippets: ZNShine, Shuangliang, Linyang, Trina

ZNShine Partners With Renovigi Solar; Shuangliang Eco-Energy Signs RMB 215 Mn Supply Contract; Linyang Energy Net Profit Expected To Rise; Trina Solar Project Connected To Grid In Colombia

China PV Snippets: ZNShine, Shuangliang, Linyang, Trina

ZNShine partners for 180 MW solar module supply agreement with Renovigi Energia Solar. In 2021, ZNshine plans to set up 10 GW solar capacity and increase the module assembly capacity to 12 GW. (Photo Credit: ZNShine)

  • ZNShine Solar signs 180 MW solar module supply agreement with Renovigi Energia Solar
  • Shuangliang Eco-Energy signs supply contracts of approximately RMB 215 million with Xinjiang East Hope and Qinghai Asia Silicon
  • Linyang Energy expects to achieve a net profit of RMB 980 million to RMB 1.120 billion
  • The second phase of the Los Llanos photovoltaic power plant project in Colombia, developed and managed by Trina Solar successfully connected to the grid

ZNShine partners with Renovigi Solar: Module manufacturer ZNShine Solar signed a 180 MW solar module supply agreement with Renovigi Energia Solar to develop a strategic partnership in the Brazilian Solar market. Renovigi is a photovoltaic system distributor in Brazil, with more than one million solar modules installed in the country. Recently, the company has been elected by EXAME and Deloitte as the “Medium Company” with the highest growth in Brazil for 2 consecutive years.

Shuangliang Eco-Energy signs RMB 215 mn supply contract with East Hope and Asia Silicon: In a recent announcement, Shuangliang Eco-Energy said that it has signed supply contracts of approximately RMB 215 million ($33.28 million) with Xinjiang East Hope and Qinghai Asia Silicon. With Xinjiang East Hope, the company has a contract to supply 60,000 tons/year polysilicon reduction furnace equipment and the contract value runs to RMB 159 million ($25 million).  With Asia Silicon, Shuangliang Eco-Energy has signed up for reduction furnace equipment worth RMB 56 million ($8.67 million). Earlier in the month, Shuangliang Eco-Energy had won a RMB 469 million reduction furnace bid order (see China PV News Snippets: Jinjing, Shuangliang, Huaneng, Chint)

Linyang Energy net profit expected at RMB 980 to RMB 1.120 billion in 2020: Electricity meter company Linyang Energy issued an announcement stating that it expects to achieve a net profit of RMB 980 million to RMB 1.120 billion ($152 million to $0.17 billion). This will mean an increase of RMB 280 million to RMB 420 million ($43 to $65 million) compared with the same period last year – an increase of 40% to 60%. Last year, the company had announced that it had a had a good run in the first 2 quarters of 2020 with its operating income growing 77% annually to RMB 2.95 billion (see China PV News Snippets: Linyang, Zhonghuan, Risen)

Trina Solar project connected to grid in Colombia: The second phase of the Los Llanos PV power plant project in Colombia, developed and managed by Chinese solar module manufacturer Trina Solar has been successfully connected to the grid and officially put into commercial operation. The President of the Republic of Colombia Iván Duque Márquez inaugurated the plant. In 2019, Trina Solar had bagged all the solar PV contracts in Colombia’s first renewable energy auction (see Trina Solar Wins Big In 1st Colombian RE Auction)

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