Arctech Solar states it has actually signed a 2.3 GW tracker order from Saudi Arabia, where it will provide trackers created for the area's desert surface and high winds.
Image: Arctech
Arctech Solar has actually signed a handle Energy China International Engineering at the 2024 International Engineering Supply Chain Development Conference to provide its Skyline II tracking systems for a 2.3 GW solar job in Saudi Arabia. The system is created to manage the area's difficult desert surface and high wind conditions. The task is anticipated to create 156.2 TWh over 25 years and decrease carbon emissions by 147 million lots, adding to Saudi Arabia's 2060 net-zero emissions objective.
Anhui Grand Sunergy Tech stated its subsidiary won a quote for China Huadian Group's 2nd batch of 2024 centralized PV module procurement. The business protected a 500 MW order for n-type heterojunction (HJT) bifacial modules, valued at CNY 392.5 million ($55.3 million), with a system rate of CNY 0.785/ W. China Huadian's 2nd procurement batch amounts to 16 GW, divided into 3 lots, with Lot 2 booked for high-efficiency n-type HJT modules with a conversion effectiveness going beyond 22.6%.
The Shanghai Stock Exchange has actually revealed the termination of SAJ's going public (IPO) application. The Guangzhou-based solar inverter and energy storage system producer willingly withdrew its registration files with its lead underwriter, Minsheng Securities. The IPO had actually intended to raise CNY 1.2 billion to increase production capability to 470,000 inverters each year, develop a brand-new research study and advancement center, and boost marketing and operations.
State Power Investment Corp. (SPIC) has actually revealed the shortlisted prospects for its 52nd batch of central inverter procurement for 2024. The tender, covering an overall of 12.5 GW of inverters, granted agreements to Sineng for 1.75 GW, Kstar for 875 MW, TBEA for 1 GW, Sungrow for 4.5 GW, and CNBM Xinyun, a representative of Huawei inverters, for 3.5 GW. An undefined state-owned business from Hunan likewise protected an agreement for 875 MW.
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