PV Company News Weekly: Week 51

JA Solar

On December 18, a grand commissioning ceremony was held for JA Solar's Yunnan Qujing Base. A total investment of 655 million RMB (US$93.48 million) has been made for the base, with a planned annual manufacturing capacity of 1.2 GW for mono-Si rods.

Grace Solar

Xiamen Grace Solar has secured a 3.1 MW rooftop PV project with a Singaporean company, where Geruishi will provide a PV mounting system.

 

Saiwei Solar Technology Group

On December 17, Saiwei Solar and the province of Bas-Uélé in Congo held a memorandum signing ceremony for a 180 MW photovoltaic project.

 

Nantong Sumin Renewable Energy

Nantong Sumin New Energy Technology has announced on December 18 that the company has developed large size high-efficiency P-type multi-Si PERC cells with a conversion efficiency of 22.88%.

The results were certified by the National Center of Supervision and Inspection on Solar Photovoltaic Product Quality (CPVT), China's photovoltaic testing agency, in December 2019.

 

Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd

It was announced on December 19 that the 20th board meeting of Inner Mongolia MengDian HuaNeng Thermal Power Corp (“NMHDWZ”) was held, where the company's "Proposal on the Acquisition of 100% of the Equity of Chaerhu Hairun Ecological Photovoltaic Power Generation Co., Ltd ("Chaerhu PV”) was reviewed and approved.

NMHDWZ plans to acquire 100% of the equity of Chaerhu PV in Xinghe County with its own funding. The equity transfer price is 86.74 million RMB (US$12.38 million).

After the transaction is completed, Chaerhu Photovoltaic will become a wholly-owned subsidiary of NMHDWZ.

 

Ancai Hi-Tech

On December 19, Ancai Hi-Tech issued a notice that the company is relocating to the industrial park, per the arrangements of the Anyang Municipal Government.

As part of the plan of relocation, the company has stopped operating the kiln of the Factory One of PV glass on December 18, which used to process the 250 ton of the raw materials per day.

 

First Solar

First Solar has sold three PV projects with a combined installed generation capacity of 278 MW to EDP Renewables and ConnectGen. The three projects are as follows:

1. The 154MW Sun Streams 1 project in Maricopa County, Arizona,
2. The 20MW Windhub A project in Kern County, California,
3. The 103MW Sunshine Valley project in Nye County, Nevada.

First Solar will provide thin-film modules to all three projects.

 

Meyer Burger Technology AG

Meyer Burger Technology AG plans to terminate its production in Zülpich. It is estimated that closing down the production plant would take CHF 7 million (€6.42 million) of restructuring costs.

 

Tesla

Tesla has launched an X-Large solar roof product recently. This product is best suited for large houses over 370 square meters.

After Tesla's incentives, the lowest price for its new PV system is US$ 27,365. It is expected to produce an average of 58-77 kWh per day.

 

Eskom

On the evening of December 9, South African power company Eskom formulated a load shedding plan, an unprecedented stage six.

The South African Photovoltaic Industry Association (SAPVIA) hopes that the government could make the necessary legislative or regulatory changes, so that the generators of less than 10MW can be commissioned without undergoing the grueling licensing process.

This could help rapidly expanding electricity generation and relieve the energy crisis.

 

Endesa

Spanish utility power company Endes is planning to invest€1.76 billion into a renewable energy complex over the next four years. The complex will be comprised of a 1,585 MW solar park, 139 MW of wind turbines and a 159.3 MW energy storage system.

 

Solaria Energía y Medio Ambiente

Spanish IPP hopeful, Solaria Energía y Medio Ambiente (Solaria), has announced that the company signed a power purchase agreement (PPA) with Alpiq, Swiss energy trader this week. The electricity will be supplied via the output of three photovoltaic projects with a total installed generation capacity of 105 MW.