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Hot 1: Saudi Arabia Announces 3.7GW Photovoltaic Tender!
The Saudi Power Procurement Company (SPPC) has released a Request for Qualification (RFQ) for the fifth round of solar energy projects under the National Renewable Energy Program (NREP), which is led and supervised by the Saudi Ministry of Energy.
The fifth round of projects will have a total generation capacity of about 3700MW, with specific projects as follows:
- 2000 MWac Al Sadawi IPP, located in Saudi Arabia’s Eastern Province;
- 1000 MWac Al Masa’a IPP, located in Hail Province, Saudi Arabia;
- 400 MWac Al Henakiyah 2 IPP, located in Madinah Province, Saudi Arabia;
- 300 MWac Rabigh 2 IPP, located in Makkah Province, Saudi Arabia.
These projects are part of the NREP, which aims to achieve an optimal energy mix and replace liquid fuels in the Saudi power sector, with renewable energy providing 50% of electricity by 2030.
Under the plan, SPPC is responsible for the initial development, tendering, and subsequent power procurement of the projects. To date, SPPC has signed over 12.6GW of renewable energy capacity under the NREP framework.
https://mp.weixin.qq.com/s/zOmWHqoiYK8NWUwpyDKB1g
Hot 2: Latin America Energy Outlook: $150 Billion Investment Needed!
According to the International Energy Agency’s (IEA) “Latin America Energy Outlook” report, to fulfill the commitments announced, the Latin American and Caribbean region needs to double the financing of clean energy projects by 2030, reaching $150 billion.
The IEA states in the report that Latin America and the Caribbean are rich in resources such as renewable energy, oil, natural gas, and important minerals. The experience of developing these resources can make a significant contribution to global energy security and the transition to clean energy.
”Investment in clean energy needs a major boost to reach the energy-related emissions reductions goals and to pursue international opportunities. In the APS, clean energy investment doubles by 2030 to USD 150 billion and rises fivefold by 2050. The ratio of investment in clean sources to unabated fossil fuels rises from around 1:1 today to 4:1 in the 2030s.” the report says.
The IEA also states that attracting private capital will be critical to achieve this, but challenges include high financing costs, political and regulatory instability, and limited domestic credit capacity. Overcoming these hurdles requires supportive policies, tailored solutions such as hedging instruments, and more concessional financing, especially for energy efficiency and emerging technologies.
https://mp.weixin.qq.com/s/1TMzCaN8DCj6gnjMChaO2w
Hot 3: China International Photovoltaic Industry Conference Secures Over 50 Billion Yuan in Contracts!
As an annual grand event in the Chinese photovoltaic industry, the China International Photovoltaic Industry Conference (CIPIC) has been successfully held for six sessions, dedicated to building a global communication platform and actively promoting the rapid development of the photovoltaic industry. From November 13-16, 2023, the 6th CIPIC was grandly held in Chengdu, Sichuan.
The theme of the conference is “Dual Carbon New Era, Green New Future.” As the first international photovoltaic event in Western China, important guests from home and abroad, industry leaders, and leading global photovoltaic companies gathered during the conference. Together, they discussed the development trends of the photovoltaic industry and promoted green, low-carbon, and sustainable development.
Concurrently, the conference grandly released the “2023 China Top 100 Photovoltaic Brands” to the world, with Huawei, Tongwei, Longi, GCL, Sungrow, Jinko Energy, TBEA, TCL Zhonghuan, Trina Solar, and JA Solar among the 100 outstanding brands honored. These listed brands have made remarkable contributions to the high-quality development of the industry, promoting human energy transformation, and advancing global carbon neutrality, rightfully earning their accolades.
Investment attraction was a major highlight of the conference, hosting government promotions and matchmaking exchanges, creating an excellent platform for corporate and local project cooperation. During the conference, local governments and leading photovoltaic companies seized investment opportunities and cooperated for mutual benefit. Major cooperation projects in Chengdu, Leshan, Meishan, Shuangliu, Baoshan, Taizhou, Yancheng, Jintang, and other places have been successively signed and implemented. The total contract amount has already exceeded 50 billion yuan, with investments covering the entire photovoltaic industry chain, including silicon material, wafers, cells, and modules, adding new momentum to China’s green and low-carbon development.
https://mp.weixin.qq.com/s/QocbSShZk4b1vMsIuah0kA
Hot 4: World’s First GW-Level Heterojunction Production Line Goes into Operation
On November 14, 2023, at the grandly held 6th China International Photovoltaic Industry Conference in Chengdu, Meishan Liansheng Photovoltaic Technology Co., Ltd. made a striking appearance with its HJT third-generation crystalline silicon high-efficiency cells. As a rising star in the industry, Liansheng announced during the conference that its world’s first GW-level heterojunction production line has officially gone into operation.
Currently, the global heterojunction production line has a maximum single-line capacity of only 600 megawatts. With the introduction of the production line, Liansheng Photovoltaic has dramatically increased the industry’s single-line capacity to a leading 1GW. This marks a successful breakthrough in a series of process and equipment bottlenecks by the Liansheng team, entering a stage of rapid iterative expansion. It further promotes the reduction of comprehensive costs in the photovoltaic industry and signifies an important milestone on the path of new energy intelligent manufacturing.
It is understood that, with the accelerated restructuring of the global energy landscape and a mission-driven approach to intelligent manufacturing, Liansheng as a significant provincial project in Sichuan for 2023, began investing 4 billion yuan in January 2023 in Danleng County, Meishan City, Sichuan Province. The company is building an 8GW high-efficiency heterojunction HJT cell project, aiming for the high ground in the green energy industry. With innovation at its core and focusing on the advantages of HJT technology, the company has officially entered the photovoltaic new energy field.
The project employs the world’s most advanced third-generation N-type cell mass production technology and is committed to becoming a world-class intelligent factory for high-efficiency solar cells and a new force in green energy. The first phase of the Liansheng Photovoltaic 3.8GW project officially went into production on August 22, rapidly achieving a “Liansheng miracle” of “starting construction, completing, and going into operation within the same year,” thereby creating a remarkable transition from non-existence to existence in the photovoltaic field with an industry-surpassing “Liansheng speed.”
https://mp.weixin.qq.com/s/tgFLKhCYc6knznR_FNrt8A
Hot 5: Photovoltaic Module Testing Update: Hail Stress and Backsheet Durability!
Recently, solar testing group PV Evolution Labs (PVEL) announced an upgrade to its reliability and performance testing suite – the Product Qualification Program (PQP). Established by PVEL in 2012, the PQP aims to provide empirical data for photovoltaic module benchmark testing, project power generation, and financial modeling. It also helps identify the best-performing photovoltaic modules. PVEL’s PQP tests supply information for the company’s annual Photovoltaic Module Reliability Scorecard, which, based on PVEL’s industry-leading test data, offers actionable insights for photovoltaic module procurement.
Tristan Erion-Lorico, VP of Sales and Marketing at PVEL, stated: “In recent years, the module procurement environment has undergone significant changes with the advancement of module technology and the entry of new businesses. In response, PVEL has focused our globally renowned testing program on addressing these changes.”
“As the need for due diligence in photovoltaic module procurement continues to grow, the enhancements we’ve made in this PQP update incorporate vital feedback from downstream partners, research institutions, module and component manufacturers, as well as our own test findings. This positions the PVEL PQP at the forefront in this field.”
