Chinese PV Industry Brief: More glass, module production capacity and a 400 MW solar park
Kibing Group and CECEP have announced plans to increase their PV glass and solar module capacities, respectively. China Energy Investment Corp is planning a 400 MW solar park in the Xinjiang Uygur autonomous region.
said this week that one of its units has signed an agreement with the government of Wushi county, in the Xinjiang Uygur autonomous region, for the construction of a solar PV park with a total capacity of 400 MW. The estimated investment in the project is around RMB1.64 billion. Its first, 200 MW phase will be launched next year and completed by the end of 2023 at a cost of around RMB3.90/W (US$0.59). Phase II will also have a capacity of 200 MW and will be completed between 2024 to 2025, at a cost of RMB3.20/W.
As the production capacity of solar modules increases, we can see that the entire solar energy industry is still on the rise, and the market still has a great demand for solar energy.
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