Zhongchu Guoneng Technology Co., Ltd. (ZCGN) has switched on the world’s largest compressed air energy storage project in China. The $207.8 million energy storage power station has a capacity of 300 MW/1,800 MWh and uses an underground salt cave.
Trina Solar says its solar panel shipments reached 65.21 GW in 2023. The Chinese module maker achieved a turnover of $15.75 billion and a net profit of $768.2 million in fiscal 2023, with an annual module production capacity of 95 GW by the end of December.
GameChange Solar, a US-based tracker supplier, has announced the construction of a 3 GW tracker factory in Saudi Arabia, with plans for potential expansion to 5 GW in the future.
Seraphim says it will build a new 10 GW solar panel factory in two phases in Guangzhou, with an investment of CNY 6 billion ($829.6 million), while JA Solar has announced plans to construct a 5 GW panel factory in Inner Mongolia.
Chinese manufacturer Longi says that its new Tera wafers offer a notable efficiency boost of approximately 0.1% across various cell technologies.
JinkoSolar has broken ground on a 56 GW PV panel factory in China’s Shanxi province. It says the new facility will be vertically integrated and will be constructed in four 14 GW phases.
Energy storage is the new solar for an increasing number of Chinese PV manufacturers. However, China still requires enabling policies for storage to provide the end-market volumes needed to bolster the fortunes of manufacturers old and new.
The Chinese panel manufacturer said its new products have a temperature coefficient of -0.28%/C and a power output ranging from 565 W to 590 W. They rely on the company’s proprietary hybrid passivated back contact (HPBC) cell technology.
Jolywood has suspended plans to build 100,000 metric tons (MT) of polysilicon capacity at a facility in Gujiao, China’s Shanxi province.
Canadian Solar says its new 14 GW vertically integrated cell and module factory will require an investment of CNY 9.63 billion ($1.33 billion), while Aiko Solar says it will invest CNY 9.97 billion in a 10 GW facility.
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