Beijing: China Coal Energy Group (China Coal) has finalized contracts for 4 GW of solar modules from JinkoSolar, Tongwei Solar, JA Solar, and DAS Solar in its first centralized procurement for 2024.
The procurement includes 3 GW of n-type tunnel oxide passivated contact (TOPCon) modules (2.7 GW bifacial, 0.3 GW single-sided) priced at CNY 0.755 ($0.10) per watt and 1 GW of p-type passivated emitter and rear cell (PERC) modules (0.7 GW bifacial, 0.3 GW single-sided) at CNY 0.716/W. JinkoSolar secured the largest allocation at 2,100 MW, followed by Tongwei (900 MW), JA Solar (600 MW), and DAS Solar (400 MW).
In related news:
TCL Zhonghuan has announced plans to acquire Maxeon Solar Technologies’ Philippine manufacturing subsidiary and associated assets, with the final price to be determined by August 31, 2024.
Trina Solar has earned certification for its Elementa 2 energy storage battery modules from Japan’s Electrical Safety and Environment Technology Laboratories, marking a milestone for non-Japanese suppliers.
Arctech Solar has expanded its business scope to include energy storage systems, following board approval to amend its articles of association.
These developments reflect significant advancements in China’s solar and energy storage industries.
