The NEA stated China’s cumulative put in photo voltaic capability hit 750 GW in August 2024, with 139.99 GW added within the first eight months of 2024, together with 16.46 GW in August alone. The whole energy technology from all power sources reached 3.13 TW, rising by 14% yearly. Wind capability grew by 19.9% from final 12 months to 470 GW.
Tongwei stated it signed a know-how cooperation contract with Scenergy to develop stack-gate know-how and set up mass manufacturing plans in Chengdu, Sichuan province. The settlement builds on a strategic settlement signed in August with Scenergy and Jingsheng Mechanical & Electrical (JSG) to advance the commercialization of stack-gate know-how. The companions purpose to speed up the transition from pilot manufacturing to industrial-scale manufacturing whereas clarifying the rights and obligations of every firm within the growth course of.
JinkoSolar stated it has delivered the primary batch of a 340 MWh liquid-cooled power storage system, SunTera G2, for a challenge by Jiangsu-based Sunrev. The 5 MWh system options Jinko’s newest 314Ah battery cells and a number one liquid thermal administration system. With a round-trip effectivity of 94% and a life cycle of 8,000 to 10,000 cycles, the corporate claims that it ensures excessive efficiency and financial viability all through its lifespan.
Solargiga Energy Holdings stated it recorded a lack of CNY 101.1 million ($14.4 million) within the first half of 2024, from a revenue of CNY 99.9 million final 12 months. Revenue fell 51.2% to CNY 1.69 billion, on account of decrease module costs on account of overcapacity and intense competitors. It stated the entire manufacturing capability reached 9.8 GW on June 30.
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