China Resources Power mentioned Astronergy, a subsidiary of Chint New Energy, gained two elements of its third PV module procurement spherical for 2024, buying a complete of 1 GW. The contracts embrace 700 MWp of n-type bifacial double-glass modules rated at 610 Wp or larger for the primary half and 300 MWp of the identical kind rated at 580 Wp or larger for the second. . The successful bid value for each shares was CNY 0.6229 ($0.088)/W.
China Power Construction mentioned Anhui Huasun New Energy (Huasun) is the main candidate in its 1,500 MWp tender for n-type HJT photo voltaic modules, with Risen Energy listed because the second and third candidates. The outcomes for the remaining 500 MWp section are but to be disclosed.
Canadian Solar (CSI) mentioned its Recurrent Energy subsidiary secured a $500 million financing cope with BlackRock’s Climate Infrastructure Fund. BlackRock made its first funding in June 2024, following the preliminary disclosure of the plan in January 2024. Following the transaction, BlackRock will purchase a 20% stake in Recurrent Energy, whereas Canadian Solar will retain the bulk. Since its institution in 2009, Recurrent Energy has developed greater than 11 GW of PV initiatives and three.7 GWh of power storage capability on six continents.
The National Energy Administration of China (NEA) issued a draft of “Management Procedures for the Development and Construction of Distributed Photovoltaic Power Generation.” The draft regulation, which consists of seven chapters, outlines the necessities for industrial administration, challenge submitting, constructing requirements, grid integration, and operational administration. It is ready to interchange the “Interim Measures for the Management of Distributed Photovoltaic Power Generation,” which was applied in 2013. The NEA initially deliberate to revise the 2013 pointers in 2017 however postponed it till now. Public session on the draft will start from Oct. 9 to Nov. 8, 2024.
Dr. Laser mentioned it has signed a big procurement settlement with an unnamed PV trade chief and its affiliated entities. The CNY 1.229 billion deal accounts for 76% of DR Laser’s income by 2023 and covers the availability of laser tools and retrofitting providers for the shopper’s XBC manufacturing strains. Deliveries below the contract are scheduled to start within the fourth quarter of 2024, with income recognition anticipated by the tip of 2025.
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