China’s National Energy Administration (NEA) says photo voltaic installations reached 160 GW between January and September 2024, with cumulative capability reaching 770 GW in August.
NEA in China mentioned the nation added 20.89 GW of recent photo voltaic capability in September, a 27% month-on-month improve. From January to September, newly put in PV capability totaled 160 GW. At the tip of September, China’s complete put in energy technology capability reached 3.16 TW, up 14.1% year-on-year. Solar energy capability elevated to 770 GW, a 48.3% improve, whereas wind energy reached 480 GW, a rise of 19.8%. Chinese energy corporations invested CNY 398.2 billion ($55.89 billion) in grid initiatives within the first 9 months, a 21.1% year-on-year improve.
Sonangol mentioned it signed a memorandum of understanding (MoU) with China’s Lihao Semiconductor Material Co. Ltd. to put money into a photo voltaic power advanced in Angola. The venture goals to supply 180,000 tons of silicon metallic and 150,000 tons of polysilicon yearly. According to Sonangol, the settlement paves the way in which for Angola to develop its personal photo voltaic panel trade, utilizing native quartz mines to supply industrial silicon and polysilicon.
Realforce mentioned that its subsidiary, Sungrow New Energy Development Co. Ltd., plans to amass a ten.24% stake in Taiho Intelligent Technology Group, a Chinese A-share listed firm, for CNY 451 million. The acquisition value is CNY 24 per share, a 101.51% premium over Taiho’s closing value of CNY 11.91. Sungrow mentioned Taiho’s experience in spectral detection, clever algorithms, and industrial robotic automation aligns with its enterprise targets. After the announcement, Taiho’s share value rose.
The State Power Investment Corp. (SPIC) mentioned it has chosen the winners for the primary 2024 photo voltaic module procurement, with a complete of 12.5 GW. The contracts went to eight corporations, together with HY PV (1.98 GW), Das Solar (40 MW), LONGi (200 MW), JinkoSolar (3.27 GW), GCL SI (3.42 GW), Astronergy (1.57 GW) , Tongwei (1.72). GW), and SPIC New Energy Science and Technology Co. Ltd. (300 MW). The common successful bid is CNY 0.723/W.
This content material is protected by copyright and is probably not reused. If you wish to cooperate with us and wish to reuse a few of our content material, please contact: [email protected].
Popular content material
