Datong city launches pioneering 6 GW Energy Project in 2024

Datong City kicks off the Shanxi Jinbei coal mining subsidence area’s new energy base project, a key initiative for the “dual carbon” target. This project, part of China’s 12 large-scale renewable energy bases, plans a 55 billion yuan investment for 6 GW of wind power and PV projects with 3.4 million kWh energy storage. Expected…

Horad’s Suzhou HQ unveils new PV module fab

Horad’s global headquarters groundbreaking in Suzhou, China, marked a lively event. With a 530 million yuan investment, the facility spans 88 acres, housing cutting-edge photovoltaic module equipment production lines. Post-completion, monthly production will exceed 20 lines, achieving an annual capacity of 180 GW and over 4 billion yuan in output value. The ceremony signifies a…

Shanxi Coal halts 3GW solar project amid industry changes

Shanxi Coal International terminated its 3GW HJT solar cell project’s first phase. Challenges included global events, an incomplete local photovoltaic industry chain, rapid technology updates, and a lack of technical talent. The project, a joint venture with Huzhou Junhua Siyue Equity Investment Partnership and Ningbo Qixian Enterprise Management Consulting, faced increased investment risks amid industry…