Chinese resource power said Astronergy, a subsidiary of Chint New Energy, won both segments of its third PV module procurement round for 2024, securing a total of 1 GW. The contracts include 700 MWp of n-type bifacial double glazing modules with a power of 610 Wp or more for the first segment and 300 MWp of the same type with a power of 580 Wp or higher for the second segment. The winning bid price for both segments was CNY 0.6229 ($0.088)/W.
Chinese energy construction said Anhui Huasun New Energy (Huasun) was the top candidate in the 1,500 MWp tender for n-type HJT solar panels, with Risen Energy listed as the second and third candidates. The results for the remaining 500 MWp segment have yet to be announced.
Canadian solar energy (CSI) said its subsidiary Recurrent Energy has entered into a $500 million financing agreement with BlackRock’s Climate Infrastructure Fund. BlackRock made its first investment in June 2024, following the initial announcement of the plan in January 2024. Upon completion of the transaction, BlackRock will acquire a 20% stake in Recurrent Energy, while Canadian Solar will retain the majority. Since its founding in 2009, Recurrent Energy has developed more than 11 GW of PV projects and 3.7 GWh of energy storage capacity on six continents.
Chinese National Energy Administration (NEA) has released a draft of the “Management Measures for the Development and Construction of Distributed Photovoltaic Power Generation.” The draft regulation, which covers seven chapters, outlines the requirements for sector management, project registration, construction standards, network integration and operations management. It will replace the ‘interim measures for the management of distributed photovoltaic energy generation’, which came into force in 2013. The NEA originally planned to revise the 2013 guidelines in 2017, but has postponed this until now. The public consultation on the draft will run from October 9 to November 8, 2024.
DR laser said it has signed a major procurement agreement with an unnamed PV industry leader and its affiliated entities. The deal worth CNY 1.229 billion will account for 76% of DR Laser’s 2023 revenue and includes the supply of laser equipment and retrofitting services for the customer’s XBC production lines. Deliveries under the contract are expected to begin in the fourth quarter of 2024, with revenue recognition expected by the end of 2025.
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