Huasun HJT modules excel in plateau conditions
In a recent release, Huasun Energy lists the advantages of its HJT modules in plateau conditions. The data compares its 630 W HJT modules with 610 W TOPCon and 650 W BC modules, installed in Gonghe County, Qinghai, located 3,150 meters above sea level. Huasun’s HJT 630 W modules were found to deliver superior performance in this high-altitude plateau environment, with 2,900+ annual sunshine hours. It said that these modules enable longer strings, accommodating 26 modules per string compared to 24 for competing TOPCon and BC modules, significantly lowering balance-of-system (BOS) costs by 0.376 USD cents per Watt. Huasun says that the 95%+ bifaciality and reduced degradation of its HJT modules lead to higher internal rate of return (IRR), outperforming TOPCon by 0.24% and BC by 0.10%, making them a cost-effective choice for solar investments.
The release claims HJT modules also excel in optimization potential. For every 10% increase in bifaciality, IRR improves by 0.02% compared to competitors, and raising the mounting height by 0.5 meters enhances IRR by up to 0.05%. These advantages make the modules particularly suited for high-altitude and other challenging environments, says Huasun.
Huasun Energy was recently shortlisted for CEEC’s 2 GW PV module procurement (see China Solar PV News Snippets).
GCL ET’s renewable energy projects delayed
GCL Energy Technology (GCL ET), a subsidiary of GCL Group focusing on digital and clean energy, announced delays in several renewable energy projects. In 2021, GCL ET raised RMB 3.76 billion ($529.72 million) through a private placement of A-shares to fund distributed solar PV projects, new energy vehicle charging stations, grid-side energy storage stations, and an information system platform and R&D center. On November 21, 2024, the company cited uncontrollable factors, including policy adjustments, project approvals, and market conditions, as reasons for extending the expected completion date of these projects from December 2024 to December 2025.
GCL ET’s sister company GCL SI’s stock issuance application to raise up to RMB 4.842 billion ($681.18 million) was recently approved (see China Solar PV News Snippets).
China Energy’s 1 GW CSP-PV hybrid project achieves initial grid connection
Zhejiang Thermal Power Construction Co., Ltd., a subsidiary of China Energy Engineering Group, has announced the successful grid connection of the first 300 MW solar PV project of its 1 GW Concentrated Solar Power (CSP) and PV hybrid project in Shanshan County, Turpan City, Xinjiang. The project spans approximately 30 km2, with a total installed capacity of 1 GW, including 900 MW of PV capacity (AC) and 100 MW of CSP capacity with 12 hours of thermal storage. Once operational, the PV plant is expected to generate 1.8 TWh annually, and the CSP plant will produce 170 GWh per year. China Energy Engineering stated that this project will contribute to Turpan’s goal of becoming a clean energy hub, integrating multiple energy sources, and establishing a domestically leading and globally advanced comprehensive energy control center.
Xinjiang Intelligent Computing Center paired with 1.6 GW PV Project
a signing ceremony was held for the 3000P (Flops) Intelligent Computing Center and its accompanying 1.6 GW photovoltaic (PV) project in Tumxuk, Xinjiang. The project has a total investment of RMB 5.4 billion ($759.94 million), including RMB 800 million ($112.64 million) from Jingcai Future, a Chinese digital technology developer, for constructing the 3000P Intelligent Computing Center. Shanxi Eighth Construction Group Co., Ltd., a subsidiary of Shanxi Construction Investment Group, plans to invest RMB 4.6 billion ($647.30 million) in the 1.6 GW PV project. This initiative aims to leverage Tumxuk’s solar resources and integrate green electricity with computing power.
China issued 197 million green certificates for solar power in October
According to the National Energy Administration (NEA), China issued 1.232 billion green certificates for renewable energy in October 2024. Wind power accounted for 530 million (43.01%) of these certificates, solar power for 197 million (16.02%), conventional hydropower for 392 million (31.84%), biomass power for 109 million (8.83%), and other renewable energy sources of 3.78 million (0.31%). By the end of October 2024, a cumulative 3.551 billion green certificates had been issued nationwide, including 1.323 billion for wind power (37.25%) and 681 million for solar power (19.18%). During the month, 25.42 million green certificates were traded, bringing the cumulative traded volume to 384 million, with 195 million traded alongside green electricity transactions.
Late last month, 6 Chinese government departments, including NDRC and NEA, released guidelines to promote renewable energy replacement in mid-October (see China Solar PV News Snippets).
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