Tag: china

LONGi signs commercial cooperation agreement with Engie to supply high-efficiency solar modules

LONGi signs commercial cooperation agreement with Engie to supply high-efficiency solar modules

April 30, 2021 |

LONGi has announced the signing of a framework agreement with Engie Solar to supply over 600 MW of high-efficiency PV modules for projects across the globe. Engie reported that it will work together with LONGi, a trusted and valuable partner, to solidify carbon emissions and to build a carbon-negative world. Through a stronger collaboration with Engie, LONGi aims to reinforce its presence in global markets and offer more opportunities to accelerate the global energy transition.

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China has a grand carbon neutrality target but where is the plan?

China has a grand carbon neutrality target but where is the plan?

April 19, 2021 |

As the world’s largest greenhouse-gas emitter, China will make or break the global quest for climate neutrality by the middle of the century – the only way to limit the global average temperature increase to 1.5°C. Consequently, President Xi’s announcement in September 2020 of China’s new objective to peak CO2 emissions before 2030 and achieve carbon neutrality by 2060 was broadly welcomed. But President Xi offered no detail on how China could turn this vision into reality, and an examination of China’s current plans shows clearly the goal will not be achieved without major changes.

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China targets to improve renewable power offtake

China targets to improve renewable power offtake

March 23, 2021 |

In its efforts towards reducing carbon emission, China’s administration plans to inspect renewable power consumption across the country. This will focus on the amount of electricity produced by hydropower, wind and solar projects which was not absorbed by the grid.

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VRB Energy to develop 100 MW solar project with integrated storage in China

VRB Energy to develop 100 MW solar project with integrated storage in China

March 16, 2021 |

VRB Energy has announced the signing of a framework agreement for a 100 MW solar photovoltaic and 100 MW / 500 MWh vanadium flow battery integrated power station project in Xiangyang city in the Hubei Province of China. Additionally, the agreement also includes the construction of the first 50 MW per annum of a new 1,000 MW per annum “Gigafactory” manufacturing facility for the company’s energy storage systems, and a vanadium flow battery intelligent energy research and development institute.

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Xinte Energy to supply 152,400 metric tonnes of polysilicon

Xinte Energy to supply 152,400 metric tonnes of polysilicon

March 15, 2021 |

Chinese polysilicon producer Xinte Energy has secured a polysilicon supply contract with a new entity, Qinghai Gaojing Solar Energy Technology. Xinte Energy will supply Qinghai Gaojing Solar Energy Technology Co with a total of 152,400 metric tonnes of polysilicon from July 2021 to December 2025 with prices being negotiated monthly. It is estimated that the contract could generate revenue of approximately $2.6 billion over the four and a half year agreement.

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JA solar proposes a 20 GW cell and module manufacturing hub

JA solar proposes a 20 GW cell and module manufacturing hub

March 9, 2021 |

JA Solar has planned the development of a manufacturing hub in the Qidong Economic Development Zone in the Jiangsu Province, China. The hub will have a PV cell production capacity and module assembly of 20 GW each. The project is estimated to cost approximately $1.56 billion over its four-year construction period. Further, JA Solar signed the investment framework agreement for the new manufacturing hub with the People’s Government of Qidong City, Jiangsu Province.

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Trina Solar to develop energy storage solutions

Trina Solar to develop energy storage solutions

February 25, 2021 |

Trina Solar has announced that it has set up Trina Storage, a unit specializing in storage and smart energy solutions. The unit is designed to and develop innovative solutions for various areas of application, including residential batteries, grid services, large-scale storage, and microgrids. Further, the company also looks to provide flexible and scalable solutions that meet the requirements in terms of cost, quality, security, and efficiency, and meet specific customer needs.

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JinkoSolar to partner with Tongwei for project investment and industrial chain cooperation

JinkoSolar to partner with Tongwei for project investment and industrial chain cooperation

February 19, 2021 |

inkoSolar has announced that it intends to sign a strategic cooperation agreement with Tongwei to jointly invest in a high-purity crystalline silicon project with an annual capacity of 45,000 metric tons and a silicon wafer project with an annual production capacity of 15GW. The company also announced that the deal will develop a more extensive industrial chain cooperation.As per the agreement, JinkoSolar will own a 35 per cent equity stake in the 45,000 tons high-purity crystalline silicon project. Tongwei will hold a 30 per equity stake in the 15 GW silicon wafer project.

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The potential for scaling climate finance in China

The potential for scaling climate finance in China

February 9, 2021 |

China accounts for nearly a third of the global total. Based on its current trajectory, China’s emissions are expected to increase further by 7%-15% by 2030 above 2015 levels, which would more than offset the global decreasing trend. To ensure that China meets its own goals for advancing an ecological society, as well as its stated commitments to the Paris Agreement, climate and green finance needs to mobilize at an unprecedented scale.

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China’s Green Gambit

China’s Green Gambit

December 24, 2020 |

China’s ambitious climate pledges have drawn praise the world over. But China will demand a high price for its contributions and can be expected to use its promise of international cooperation to undermine any containment strategy that US President-elect Joe Biden’s administration tries to pursue.

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New energy vehicles in China: the time is now

New energy vehicles in China: the time is now

November 23, 2020 |

China plays an important role in the transformation of the transportation industry. The country has already made large investments in renewable power generation and management technologies and also offers subsidies related to “new energy vehicles” (NEVs), which include plug-in electric vehicles, BEV, PHEV and FCEV.

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Europe and China Take the Climate Reins

Europe and China Take the Climate Reins

November 17, 2020 |

In 2019 alone, coal-power generation fell by 24% in the EU and by 16% in the United States, bringing it down to half the 2007 level. In China itself, nearly 60% of the country’s enormous coal capacity is running at a loss, giving the government every reason to extend its global lead in solar and wind power, and to use its international reach to boost renewables beyond its borders.

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China’s Goldwind sells 160-MW Rattlesnake wind park in Texas

China’s Goldwind sells 160-MW Rattlesnake wind park in Texas

November 14, 2020 |

Goldwind Americas has sold its 160-MW Rattlesnake wind farm in Texas to an investment company advised by Exus Management Partners for an undisclosed amount. Located in Texas’ McCulloch County, the Rattlesnake wind park comprises 64 Goldwind GW GW109/2500 permanent magnet direct-drive (PMDD) turbines.

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