CNBM joins forces for 2.5 billion Yuan PV venture

Tongcheng Economic Development Zone Construction Investment Group and CNBM signed a PV cell packaging material project in Tong. Valued at 2.5 billion yuan, the project will feature 2 production lines each producing 1200 tonnes daily, with the first starting construction in March 2024, and both expected to be operational by 2025. Upon full production, it…

Autowell seals 210 million Yuan deal with Trina Solar

Autowell signed a purchase contract with Trina Solar Co., Ltd. for approximately 97 million yuan. Autowell’s wholly-owned subsidiary, Wuxi Autowell Supply Chain Management Co., Ltd., signed a purchase contract with Trina USA, a subsidiary of Trina Solar, for about 113 million yuan. The total contract value for Autowell and its wholly-owned subsidiaries in this deal…

JinkoSolar licenses TOPCon technology to top module maker

JinkoSolar grants N-type TOPCon patents to a top-tier solar module company, facilitating strategic collaboration. The deal, with a reasonable license fee, empowers the Licensee to leverage JinkoSolar’s TOPCon technologies in their products. This Intellectual property (IP) transaction aims to bolster market positions, foster innovation, and prevent legal disputes in the Solar Photovoltaic industry and related…

First Solar pioneers $700M tax credit transfer with Fiserv

First Solar, Inc. engages in two Tax Credit Transfer Agreements, selling around $700 million of 2023 Inflation Reduction Act tax credits to Fiserv, Inc. at $0.96 per $1. Citigroup Global Markets, Inc. acts as the first-of-its-kind credit transfer placement agent. The agreements follow the US Department of Treasury’s proposed rulemaking on Section 45X credits, impacting…

China’s largest PV power station goes live in Qinghai

China Datang’s 500 MW Xinghai Base, the country’s largest PV power station, is operational in Qinghai Province. Guoqiang Xingsheng’s GQ-F stable series fixed brackets played a crucial role, providing over 400MW. The project in Hekatan, Xinghai County, will supply 1 billion kWh annually, saving 328,700 tons of coal and cutting 988,700 tons of CO2.

RenewSys unveils India’s first N-type TOPCon PV cell encapsulant

RenewSys launches India’s first POE Encapsulant, CONSERV E – NT, tailored for N-type TOPCon PV cells. Overcoming challenges like temperature fluctuations and chemical exposure, it minimizes rejection rates and enhances production efficiency. With a broad lamination processing window, it accommodates diverse operating conditions, increasing throughput. Compatible with various laminators, it ensures bubble-free Glass-Glass modules and…