Chinese PV Industry Brief: SPIC commissions 2 GW of aquaculture PV

State Power Investment Corp. (SPIC) built the huge facilities in five phases with the support of PowerChina, an engineering, procurement and construction (EPC) contractor. The project will stretch across occupies a water surface of roughly 44 square kilometers.

November 3, 2023 Vincent Shaw and Valerie Thompson

Image: pv magazine

SPIChas connected a 2 GW solar plant to the grid on a fish pond in Binzhou, Shandong province. The company built the huge project in five phases with the support of EPC contractor PowerChina. The plant occupies a water surface of around 44 square kilometers.

Leascend Photovoltaic Technology said it has signed an agreement with the government of Nantong, Jiangsu province, to build a CNY 7 billion ($970 million) heterojunction solar cell factory with a capacity of 12 GW. The company currently operates an 8 GW manufacturing facility that was commissioned in August.

The China Nonferrous Metals Industry Association(CNMIA) said that the average price for n-type monocrystalline polysilicon was CNY 7.52 this week. This marks a 19.23% decrease from the preceding week.

GCL Technology Holdings has reached 400,000 tons of granular silicon production capacity, up from 10,000 two years ago. It said that in the first nine months of the year, 82 % of its external granular silicon shipments went to five customers, totaling 106,000 metric tons.

JinkoSolar has reported strong third-quarter results, with revenues of CNY 31.83 billion, up 63.1% from the same period last year. The company shipped 22,597 MW of solar products, reflecting a 21.4% quarterly increase and 108.2% year-on-year growth. This figure includes 21,384 MW of solar modules and 1,213 MW of cells and wafers.

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