Emeren divests 29 MW rooftop solar PV portfolio in Henan Province
Emeren Group Ltd has announced its divestment of a 29 MW portfolio of 6 rooftop distributed generation (DG) projects in Henan province, China to CNNP Rich Energy Company.
The bundle includes six photovoltaic (PV) schemes and is part of Emeren's strategy to focus on five coastal provinces in China with favorable power prices and a robust economy. Financial details of the agreement have not been disclosed yet.
China is focusing on clean energy projects to increase its renewable energy capacity to meet its energy demands and reduce carbon emissions. The country's solar industry is one of the most extensive in the world, with an installed capacity of about 300 GW as of 2021.
Country updates
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May 29, 2023
JinkoSolar divests entire stake in Xinjiang
JinkoSolar, through its subsidiary Jiangxi Jinko Solar Co., Ltd., has reached an agreement to divest its entire 100% equity stake in Xinjiang Jinko Solar Co., Ltd. The sale, valued at CNY4.3 billion (...
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May 09, 2023
EDPR completes 19 MWp solar PV project in Anhui
EDPR has announced the completion of a 19 MWp distributed generation (DG) solar project in Anhui province, China. The facility took less than 5 months to be constructed, and it will generate more than...
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April 03, 2023
Chinese solar module prices expected to drop by 15% between Q4 2022 - Q4 2023
The China-based engineering consultancy, CEA has projected a 15% reduction in module prices in China by Q4 of 2023, partially attributable to the declining polysilicon prices. According to the consult...
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April 03, 2023
DAH Solar launches new solar kit for balconies and rooftops
DAH Solar has announced the launch of an integrated photovoltaic (PV) system for residential applications. The turnkey solution can be connected to the grid through a plug-in connection, making it sui...
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March 31, 2023
China exports 29.6 GW of solar panels in first two months of 2023
Chinese solar panel manufacturers saw a surge in their exports in the first two months of 2023, according to data released by China's General Administration of Customs. The report shows that Chinese c...
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