China Solar PV News Snippets: JA Solar At TaiyangNews Reliable PV Module Design Conference & More

Jinchen inaugurates East China manufacturing HQ; Laplace approved for STAR Market IPO; PEROVS begins construction of 3 GW perovskite fab; Hoymiles launches green venture capital fund; NEA seeks public input on distributed solar development regulations.
JA Solar - Ignacio Espinosa at TaiyangNews Reliable PV Module Virtual Conference
JA Solar’s Ignacio Espinosa will be speaking on the topic Ensuring Quality and Reliability: Designing PV Modules for Long-Term Solar Performance at the TaiyangNews Reliable PV Module Design Virtual Conference. Scan the QR code to register for free. (Photo Credit: TaiyangNews)
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JA Solar at TaiyangNews Reliable PV Module Virtual Conference

Ignacio Espinosa, Head of European Technical Team at JA Solar, will be speaking on the topic: Ensuring Quality and Reliability: Designing PV Modules for Long-Term Solar Performance at the TaiyangNews Reliable PV Module Virtual Conference.

The Conference will be held on 2 days: from 12:00 to 14:30 CEST on Oct 21, 2024 & from 10:00 to 12:30 CEST on Oct 22, 2024, and will bring together major stakeholders in the module manufacturing and product testing segments to discuss how to design long-lasting high-quality solar panels in a period of extreme cost pressure, which is also the theme of this event.

For Agenda and Free Registration, click here: https://taiyangnews.info/our-events/oct-21-22-2024-reliable-pv-module-conference

Jinchen inaugurates manufacturing headquarters

Solar manufacturing equipment maker Jinchen Corporation inaugurated Phase I of its East China Intelligent Manufacturing Headquarters on October 9, 2024, along with a groundbreaking ceremony for Phase II. The manufacturing facility is located in the Taihu Science and Technology Industrial Park in Suzhou City, Jiangsu Province, with a total investment of RMB 480 million ($67.87 million). Phase I covers an area of 9,133 m2, and Phase II covers 18,007 m2. With this facility, the company plans to focus on businesses such as intelligent automatic production lines for high-efficiency solar modules, next-generation core process equipment for high-efficiency solar cells, and industrial robots.

In August, Jinchen’s wholly-owned subsidiary, Suzhou Jinchen, signed a land-use rights-transfer contract with the Suzhou Municipal Bureau to construct phase II of its manufacturing facility in Suzhou city (see China Solar PV News Snippets).

Laplace set to list on STAR Market

Solar production equipment manufacturer Laplace's application for an initial public offering (IPO) and listing on the Science and Technology Innovation Board has been approved by the Shanghai Stock Exchange and has received registration consent from the China Securities Regulatory Commission. This registration consent follows the approval of the IPO earlier in April 2024 (see China Solar PV News Snippets).

Laplace plans to issue 40,532,619 shares to the public with an aim to raise RMB 1.8 billion ($254.54 million). It plans to use the proceeds to construct the Photovoltaic High-End Equipment R&D and Production Headquarters and the Semiconductor and Photovoltaic High-End Equipment R&D and Manufacturing Base.

The PV R&D Center and Production Headquarters will be located in Shenzhen City, Guangdong Province, with a planned investment of RMB 770.43 million ($108.95 million) and a construction period of 36 months. The Semiconductor and Photovoltaic High-End Equipment R&D and Manufacturing Base is located in Guangzhou City, Guangdong Province, with a planned investment of RMB 797.86 million ($112.82 million) and a construction period of 24 months.

PEROVS starts construction on 3 GW perovskite cell fab

Perovskite cell and module maker PEROVS has commenced construction on its 3 GW perovskite solar cell and module production facility. Located in Baisha Industrial Park, Jiangjin District, Chongqing City, the project is being built with a total investment of RMB 5 billion ($707.06 million). It will construct 3 GW perovskite cell module production lines in 2 phases. PEROVS claims to have built the world's first 550 mm × 650 mm perovskite cell production line and has achieved a flexible perovskite solar cell with an efficiency of 22%.

Hoymiles establishes green venture capital fund

Microinverter supplier Hoymiles has announced that it is leading the establishment of the Hoymiles Youtian Green Development Venture Capital Fund (Limited Partnership). The fund plans to raise a total of RMB 300 million ($42.42 million). Hoymiles intends to participate as a limited partner, investing RMB 120 million ($16.97 million) of its own funds, accounting for 40% of the fund's total capital.

The venture capital fund aims to invest around the company's main business to build an ecosystem along the industry chain, focusing on new energy and semiconductors, while also paying attention to strategic emerging industries such as new materials, advanced manufacturing, and high-end equipment manufacturing.

NEA seeks public opinion on Management Measures for Distributed Solar Development and Construction

China’s National Energy Administration (NEA) has issued a draft seeking public opinion on Management Measures for the Development and Construction of Distributed Solar Power Generation. The document categorizes distributed solar PV power generation into 4 types: residential for natural persons, residential for non-natural persons, general commercial and industrial, and large commercial and industrial.

The grid connection modes include full feed-in tariff, full self-consumption, and self-consumption with surplus power fed into the grid. For large commercial and industrial distributed solar, projects with a public connection point voltage level of 35 kV and a total installed capacity not exceeding 20 MW, or a voltage level of 110 kV (66 kV) and a total installed capacity not exceeding 50 MW, must choose the full self-consumption mode.

The document also encourages various legally compliant electricity users, investment enterprises, specialized contract energy service companies, and natural persons to act as investment entities to develop, construct, and operate distributed solar projects in accordance with laws and regulations.

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