Yiheng New Energy initiates Phase I of a 10 GW/year PV mounting system project. The 130,000 sq. m. facility, divided into 2 phases of 5 GW each, is set to reach full production by 2024. The company estimates an annual revenue of RMB 2 billion ($274.4 million).
Emeren Group Ltd finalizes the sale of a 29 MW PV portfolio in Spain to Rubis Photosol, facilitated by the European Solar Energy Development JV. The portfolio, located in Alicante, is set to generate 57,000 MWh of clean energy, able to power 20,000 households starting H2 2025. Advisors include Finergreen, Squire Patton Boggs, Everoze, and…
Trina Solar completes a 26.66 kW demonstration PV plant at the Yangtze River Delta Institute in Shanghai. Using Vertex S+ Clear Black modules, it’s set to generate 26,853 kWh, reducing CO₂ emissions by 22.5 tonnes annually. The 210R modules, boast 445 W power and 22.3% efficiency. These dual-glass bifacial modules enhance aesthetics and can be…
CEB invites proposals for 70 MW PV Plants (1-5 MW each) under a 20-year BOO framework. The bid covers design, supply, erection, and maintenance. Pre-Bid Meeting is on Dec 5, 2023 while submission deadline is by Dec 19, 2023. Successful bidders sign long-term PPAs with CEB, and projects are to be commissioned within 10 months….
JA Solar and Power n Sun (PNS) deepen partnership at Future Energy Show KSA 2023. LK Verma, PNS Founder, and Jack Zhang, JA Solar Regional Head, inked strategic agreements. The collaboration, initiated in 2021, targets 500MW capacity, expanding annually.
Sembcorp Solar Vietnam, plans to acquire 73-100% majority stakes in Gelex subsidiaries, adding 245 MW renewable assets in Vietnam. The $218 million deal includes wind, solar, and hydropower, expanding Sembcorp’s total capacity to 12.2G W. Long-term PPAs with Vietnam Electricity secure the assets. The transaction aims for completion in H1 2024, with no expected material…
Huasun sets a new record with the Himalaya G12-132 HJT module, achieving 750.544 W power output and 24.16% conversion efficiency, certified by TÜV SÜD. Comprising double-sided microcrystalline G12-20BB HJT cells, the module demonstrates a 6 W increase in power from the previous record. Huasun attributes this success to advancements in cell efficiency and encapsulation processes,…
Aigen, an AI-powered solar robotics firm, secures $12 million in Series A funding, propelling the development of its 7,500 sq ft US manufacturing and R&D facility. Operating 14 hours/day, the Element fleet utilizes a custom 205 W solar panel and quantized AI, weeds crops, reducing pesticide use. Aigen aims to transform farming, providing real-time insights…
Jinko Power Technology signs a 25-year PPA with Saudi Power Procurement Company for the 400 MW Tabarjal PV Project under NREP Round 4. Located 17 km from Tabarjal, the project utilizes bifacial solar panels for increased efficiency. Construction spans between 2024 and 2025, aiming to significantly cut KSA’s CO2 emissions by over 717,000 metric tons…
Solar Steel signs a 400 MW solar tracker supply agreement in Peru. 5,400 TracSmarT+ 1V trackers will power projects in Islay and Chiclayo, preventing over 160,000 tCO2 emissions annually. Renowned for efficiency, these trackers aim to provide renewable energy to 230,000 households.
