China Solar PV News Snippets

TÜV SÜD certification for Risen's 0BB Hyper-ion module; INNO LASER launches LSO equipment; Jietai Solar wins 550 MW solar cell order; CECEP Solar plans fundraising for 900 MW PV project; China's solar cell manufacturing exceeds 541 GW in 2023.

Risen Energy's 0BB Hyper-ion module receives TÜV SÜD certification: Solar panel manufacturer Risen Energy has announced via WeChat that its zero busbar (0BB) heterojunction (HJT) Hyper-ion module has received TÜV SÜD certification. The IEC environmental tests were said to be 3 times stricter than the normal conditions, where the module achieved a maximum power degradation rate of 5% or less. The company says that its product showed excellent weather resistance and reliability, reaching industry-leading levels in the selection and application of materials and processes.

Recently, Risen was one of the 6 companies to launch the 700W+ Photovoltaic Open Innovation Ecological Alliance with an aim to standardize the design and manufacture of 700W+ solar modules (see Trina Solar Announces New Solar PV Standard Coalition).

INNO LASER releases LSO equipment: Laser and PV automation equipment manufacturer INNO LASER has announced the launch of its laser selective oxidation (LSO) equipment. Being introduced as a concept in October 2023, this newly launched equipment uses the company's own third-generation short-wave ultrafast picosecond laser. Based on its ultrafast solid-state laser platform, the company says the equipment offers extremely high industrial stability while offering high laser beam quality.

Jietai Solar wins 550 MW solar cell order: Jietai Solar has announced the signing of a framework agreement with overseas customers for the supply of its cells. According to the agreement, Jietai Solar will provide 550 MW of n-type and p-type cell products to the contracted customers in 2024. The company says the signing will help it penetrate more deeply into the overseas PV market, opening up target markets such as the Middle East, Southeast Asia, Europe and the United States.

In November 2023, Jietai announced the launch of its n-type "MoNo" series high-efficiency cells (see China Solar PV News Snippets).

CECEP Solar to raise funds for 900 MW PV project: CECEP Solar, a holding subsidiary of China Energy Conservation and Environmental Protection Group, plans to issue convertible bonds to unspecified investors to raise about RMB 2.95 billion ($411.5 million). It plans to use the net proceeds to construct 6 PV plants, with a combined capacity of 900 MW. The 6 planned projects are as follows: Chabuchaer County in Xinjiang with 300 MW, Jimusaer County in Xinjiang with 150 MW, Yangzhou Zhenwu County in Yangzhou City with 150 MW, Guanlin County in Guizhou Province with 100 MW, Ceheng County in Guizhou Province with 2 projects for a total capacity of 200 MW.

Recently, CECEP Solar forecasted its 2023 net profit to increase 8.18%-19.00% YoY (see China Solar PV News Snippets).

China produces 541 GW solar cells and 2.94 trillion kWh solar power in 2023: According to data released by the National Bureau of Statistics, China produced 541.16 GW of solar cells in 2023, marking a significant 54% increase compared to the same period last year.

Also, the country's solar power generation totaled 2.94 trillion kWh for the year, representing a notable 17.2% YoY growth compared to 2022. Wind power generation achieved 8.09 trillion kilowatt-hours, showing a 12.3% YoY increase. On the other hand, hydroelectric power generation decreased by 5.6%, totaling 11.409 trillion kilowatt-hours in 2023.