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  • Qatar announces 2GW new PV
    Sep 03, 2024
    QatarEnergy has announced that it will build a new solar power mega project that will more than double the State of Qatar’s solar energy production, significantly contributing to lower carbon emissions in the framework of a realistic energy transition. The new project will boost Qatar’s PV solar power production capacity to about 4,000 megawatts by building one of the world’s largest solar power plants in the Dukhan area, with a production capacity of 2,000 megawatts.   The announcement was made by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, during a press conference held at the headquarters of QatarEnergy in Doha.His Excellency Minister Al-Kaabi said: “I am pleased to announce that, in line with our Sustainability Strategy, we will more than double our solar power production capacity to about 4,000 megawatts by 2030 through the world-scale, 2,000 megawatt Dukhan Solar Power Plant.”H.E. Minister Al-Kaabi said: “I would like to emphasize that developing solar power plants is one of Qatar’s most crucial initiatives to reduce CO2 emissions, develop sustainability projects, and diversify electricity production, reducing carbon dioxide emissions by more than 4.7 million tons per annum.”The new solar project will be added to QatarEnergy’s solar power portfolio, which includes the existing Al-Kharsaah solar power plant, which was inaugurated in 2022 with a capacity of 800 megawatts of electricity, and to two solar power projects that QatarEnergy is building in Ras Laffan and Mesaieed industrial cities with a total production capacity of 875 megawatts, and which are expected to start production before the end of this year.With the addition of the new Dukhan Solar Power Plant, QatarEnergy’s portfolio of solar power projects in Qatar will reach a capacity of about 4,000 megawatts by the year 2030. This represents approximately 30% of Qatar’s total electrical power production capacity.Minister Al-Kaabi concluded his remarks by expressing sincere thanks and gratitude to His Highness Sheikh Tamim bin Hamad Al Thani, the Amir of the State of Qatar, for his wise leadership and the continued support of Qatar’s energy sector.
    EN SAVOIR PLUS
  • 5GW! Billions of photovoltaic cells roll off production line
    Sep 05, 2024
    On August 30, the trial production and debugging of N-type high-efficiency battery cells was completed at the Dangyang base of Zhongqing, making it the second production base of Zhongqing with N-type high-efficiency battery cell production capacity after the Xinyi base.   The Zhongqing Dangyang Base is the first 10 billion project in Dangyang City, Yichang, Hubei. The project is located in Shuanglian Industrial Park, Dangyang City, covering an area of ​​about 609 acres. The project is divided into two parts. The first part of the base is a photovoltaic full industry chain intelligent manufacturing project with a total investment of 6 billion yuan. It will be built in two phases, mainly to build 5GW high-efficiency photovoltaic cells, 5GW photovoltaic modules and 10GW photovoltaic material production lines; the other part is a million-level source-grid-load-storage new energy security base project with a total investment of 12 billion yuan. It is understood that the project was signed on January 28, 2022, and the first phase of the 2GW photovoltaic module production line was completed and put into production in May 2022; the second phase of the 5GW photovoltaic cell and 3GW photovoltaic module project was launched in January 2023 and is scheduled to be completed and put into production by the end of 2023.
    EN SAVOIR PLUS
  • Gansu Power Investment Corporation's 3,000MW photovoltaic project at Tengger Desert Base starts construction
    Sep 06, 2024
    China Gansu Net, September 5th, according to Gansu Daily (New Gansu, Gansu Daily reporter Du Xueqin), on the morning of September 2nd, the groundbreaking ceremony for the 3,000-megawatt photovoltaic project in Liangzhou District of Gansu Power Investment Group's Tengger Desert Base was held at the Gansu Power Investment Group Jiuduntan Photovoltaic Sand Control Demonstration Park. The start of the project marks the full launch of the 6,000-megawatt new energy project for self-use in the Tengger Desert Base of Gansu Power Investment Group. The 6,000-megawatt new energy project for self-use in the Tengger Desert Base of Gansu Power Investment is a major project in the energy field planned by the state and our province, with a total investment of about 30 billion yuan, an estimated annual power generation of 12 billion kilowatt-hours, and an annual industrial output value of 3.3 billion yuan. The project plans to build a capacity of 3,000 megawatts of wind power and 3,000 megawatts of photovoltaic power, respectively planning 2,000 megawatts of wind power in Wuwei Minqin East Lake, 1,000 megawatts of wind power in Minqin South Lake, and 3,000 megawatts of photovoltaic power in Liangzhou Jiuduntan. After the completion of the project, it will further promote the implementation of our province's "dual carbon" strategy and the construction of a new energy system, and drive the development of the new energy industry chain. The head of Gansu Power Investment Group said that Gansu Power Investment Group will strengthen its strong alliance with well-known leading enterprises such as China Resources Power, focus on attracting brands, capital, management and industry, and build a "five-type and three-in-one" smart power plant that is "quality-oriented, efficiency-oriented, innovative, environmentally friendly, energy-saving, high-end, intelligent and green". At the same time, it will give full play to the functions of the state-owned capital investment and financing platform and the role of the leader of the power industry chain in the province, drive the coordinated development of related enterprises such as design, construction, equipment manufacturing, and operation and maintenance, and contribute to the extension and strengthening of the new energy industry chain in the province.
    EN SAVOIR PLUS
  • The company plans to invest 3.5GW of photovoltaic power and 4.5GWh of energy storage in the Philippines
    Sep 09, 2024
    Actis, a leading global investor in sustainable infrastructure, has agreed to enter a strategic partnership with Manila Electric Company (Meralco) and its subsidiary, Solar Philippines New Energy Corporation, to invest in the Terra Solar Project, poised to be the world’s largest integrated renewables and energy storage project.   [1]The transaction represents the largest foreign direct investment for a greenfield infrastructure project in the Philippines and will see Actis bring its rich experience in contracting, building and operating infrastructure assets to the project. The project, which is strategically located on the Philippines’ main island of Luzon, about 100km from Manila, will combine 3.5GWp of solar PV capacity with 4.5GWh of battery energy storage system (BESS). The project covers circa 3,500 hectares or the equivalent to the size of c.83,300 basketball courts – and is backed by a 20-years, 850MW (for 12-hours daily on average) power supply agreement (PSA) with Meralco, the Philippines’ largest distribution utility. It will provide electricity to approximately 2.4 million households and avoid carbon emissions by circa 3.6 million tonnes per year by displacing coal.   [2]The transaction with Solar Philippines New Energy Corporation, which currently owns 100% of the project, was announced at a signing ceremony in Pasig City, Philippines, attended by Torbjorn Caesar, Chairman and Senior Partner at Actis, Manuel V. Pangilinan, Chairman of Meralco, and Emmanuel V. Rubio, CEO of Meralco PowerGen (MGen). The Philippines is one of the largest economies in Southeast Asia and among the fastest growing across the Asia Pacific region, with GDP growth of circa 6% forecast from 2023-2027.   [3] The country has an established energy sector, with private companies operating across generation, transmission and distribution. It has also set the ambitious goal of increasing renewable energy generation to 35% of the country’s total by 2030.   [4]To support this transition, around 5GW of solar and wind power purchase agreements (PPAs) have been awarded in recent years, with an additional two rounds of auctions of c.12GW expected to follow over the next year. The Terra Solar Project PSA will play a key role in meeting this demand for renewable energy. [5]The project has strong sustainability credentials, notably because of its impact in decarbonising the Philippines’ energy system (SDG7), but also by generating power to support economic development (SDG8), creating more than 10,000 new jobs (SDG8), and facilitating local development (SDGs3+4). By Actis
    EN SAVOIR PLUS
  • China Three Gorges refinances 405MW of wind and solar projects in the country
    Sep 11, 2024
    Chinese power giant China Three Gorges International Ltd (CTGIL) has borrowed EUR 200 million (USD 220.8m) to refinance a green loan it took out in 2022 to pay for the acquisition of wind and solar assets in Spain.The new loan was provided by Spanish bank BBVA (BME:BBVA), which advised CTGIL in the arrangement of the original loan, the lender said on Monday.The refinancing facility is also green, structured in compliance with the Green Loan Principles.CTGIL, the overseas investment platform of Chinese-state owned clean energy enterprise Chine Three Gorges Corporation, used the original loan to acquire two portfolios of solar and wind assets in Spain. These contained 11 photovoltaic solar plants and one wind farm with a total combined capacity of 405 MW, BBVA said.
    EN SAVOIR PLUS
  • 2 billion! Another photovoltaic manufacturing project goes into production
    Sep 12, 2024
    Recently, Shanxi Xiangbang Technology Co., Ltd., an enterprise in the Shanxi Transformation and Comprehensive Reform Demonstration Zone, officially put into production a photovoltaic film project with an annual output of 400 million square meters with a total investment of 2 billion yuan in the Fenfei Group Low-carbon Advanced Manufacturing Industrial Park, running out of the "comprehensive reform speed" of "signing, starting construction, and putting into production in the same year".   The project is a provincial key project located in the Xiaohe Emerging Industrial Park in the Comprehensive Reform Demonstration Zone. After full completion, the annual output value can reach 4 billion yuan. As an upstream enterprise in the industrial chain of JinkoSolar's photovoltaic module production, Shanxi Xiangbang Technology focuses on the research and development, production and sales of special polymer films, and based on serving JinkoSolar's Shanxi base, it radiates to the entire North China region and overseas markets, helping the Comprehensive Reform Demonstration Zone to develop new photovoltaic productivity and create a new industrial chain ecology.   It is reported that the Xiangbang photovoltaic film project is the largest of the first four projects put into production in the supporting industrial chain of Jinko Energy's Shanxi large base project. It is also the first photovoltaic encapsulation film enterprise in Shanxi Province. The nine production lines put into production in the first phase are a full range of photovoltaic encapsulation film products, with an annual production capacity of 100 million square meters of photovoltaic encapsulation film.
    EN SAVOIR PLUS
  • Mid-Autumn Festival team building, thank you for being there
    Sep 16, 2024
    It is nearly Mid-Autumn Festival, and the company has a dinner. I am lucky to meet you and make the most of the time. I am grateful for my colleagues and grow together. Life needs fireworks, and we can have a happy gathering after work. When everyone's hearts are together, we are a team! Kingsolar wishes all friends at home and abroad a happy Mid-Autumn Festival!    
    EN SAVOIR PLUS
  • Laos signs 1GW photovoltaic project
    Sep 18, 2024
    On September 12, CGN Laos Company and the Lao government signed a concession agreement for the 1,000MW photovoltaic project in Oudomxay Province, Phase I of the Northern Laos Interconnection Clean Energy Base Project in Vientiane.   Chansawin Benyong, Deputy Minister of the Ministry of Energy and Mines of Laos, said at the signing ceremony that the Northern Laos Interconnection Clean Energy Base Project is an important supporting power source for the China-Laos Power Interconnection 500kV line, and an important cooperation project between China and Laos under the framework of the "Belt and Road" initiative. It has great significance in promoting regional power interconnection, promoting local economic development, improving energy efficiency, cultivating clean energy talents, reducing carbon emissions, and enhancing China-Laos friendship.   It is hoped that CGN will continue to work closely with relevant departments of the Lao government in the future construction and operation stage to strive to make the Phase I project the first large-scale photovoltaic benchmark project in Laos.Zhang Chaoqun, deputy secretary of the Party Committee, director and president of CGN Energy International, said that the development, construction and operation of CGN's Northern Laos Power Interconnection Clean Energy Base Project is of typical significance for increasing the scale of power interconnection between China and Laos, promoting the development and utilization of clean energy in Laos and the level of transmission, as well as helping Laos to interconnect with neighboring countries. It is reported that the Northern Laos Interconnection Clean Energy Base Project is a key project of CGN to implement the "Belt and Road" initiative and help build a community of shared future between China and Laos. The project is located in the three provinces of Oudomxay, Phongsali and Luang Namtha in northern Laos, and plans to build an integrated clean energy base of wind, solar, water and storage.
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