China’s Nationwide Vitality Administration (NEA) says the nation put in 163 GW of photo voltaic within the first 10 months of this yr, bringing it to just about 560 GW of cumulative put in PV capability by the tip of October.
China’s NEA stated the nation’s cumulative put in PV capability reached 560 GW on the finish of November. Within the first 11 months of this yr, the nation added 163.88 GW of recent PV programs, with 21.32 GW deployed in November alone. New solar energy installations hit 78.42 GW in China on the finish of June.
The China Photovoltaic Trade Affiliation (CPIA), in the meantime, stated it expects newly PV capability for 2023 to succeed in 180 GW. The affiliation attributed this higher-than-expected development to the flourishing utility-scale market, the place quite a few large-scale nationwide wind-solar-storage energy initiatives are anticipated to be grid-connected quickly.
Trina Photo voltaic, Astronergy, Canadian Photo voltaic, Risen Vitality, TCL Zhonghuan and Tongwei have agreed to standardize the dimensions of 700 W modules at 2,384 mm x 1,303 mm. The initiative is supported by T/CPIA 0003-2022, a technical specification issued by the CPIA. It additionally defines mounting gap areas and sizes. The group sees a variety of advantages, together with a extra environment friendly provide chain and decrease stability of system prices.
Golden Photo voltaic New Vitality Expertise has introduced plans to repurchase 576,000 shares between Dec. 19 and Dec. 21 as a part of a beforehand introduced share buyback program focusing on as much as 181,565,961 shares, or 10% of its excellent shares.
The China Nonferrous Metals Trade Affiliation stated that the weighted common worth of n-type polysilicon fell 0.29% this week to CNY 67.8 ($9.50)/kg. Class I monocrystalline polysilicon was quoted at CNY 61.60/kg, down 1.12%, whereas Class II monocrystalline polysilicon was quoted at CNY59.50/kg, down 1.16%. This marks the eighth consecutive week of falling silicon costs since Oct. 18.
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