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Home - Policy - Cumulative PV capacity exceeds 670 GW – SPE
Policy

Cumulative PV capacity exceeds 670 GW – SPE

solarenergyBy solarenergyMay 25, 2024No Comments2 Mins Read
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China’s cumulative PV capacity has exceeded 670 GW. The country deployed approximately 60.5 GW of new solar power in the first four months of 2024, including 14.37 GW in April alone.

May 24, 2024 Vincent Shaw and Valerie Thompson

The China National Energy Administration (NEA) has said that the country has deployed 14.37 GW of solar energy by April 2024. The newly installed PV capacity reached 60.5 GW in the January-April period. At the end of April, the country’s cumulative installed power generation capacity was about 3.01 TW, up 14.1% year-on-year, with solar accounting for about 670 GW of the total, up 52.4% year-on-year . The total installed wind energy capacity was 460 GW, an increase of 20.6% year-on-year.

Huasun has announced an order for 1 GW of heterojunction (HJT) solar panels from China Datang Corp. It said the deal is the latest order from a state-owned enterprise project group, following an order for 500 MW HJT modules from China Huaneng Group and an order for 3.5 MW HJT modules from China Huaneng Group. GW order from China Green Development Investment Group.

QC solar energy has unveiled plans to invest $13 million to set up a wholly owned subsidiary in the US state of Texas. It says it wants to align with industry trends and shareholder interests, while meeting customer demand as it pursues its development strategy and long-term plans. The company produces PV junction boxes, solar and energy storage connectors, PV inverters, solar convergence boxes, PV storage cables, wiring harnesses and other related accessories.

See also  Sinovoltaics updates financial stability rankings for battery energy storage systems – SPE

Tesla said it held a groundbreaking ceremony for Tesla Megafactory Shanghai this week. The facility, Tesla’s first energy storage megafactory outside the United States, will go into service in the first quarter of 2025. It will produce 10,000 Megapacks per year, equivalent to almost 40 GWh of storage. Once production starts, the Megapacks will be available for the global market.

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