L R AS Published on Monday 2 November 2020 - n° 338 - Categories:China
China at a glance: installation over 9 months and during the plan, HJT cells, Trina, LONGi
Photovoltaic installations in China amounted to 18.7 GW in the first nine months. There were 10 GW of large power plants and 8.7 GW of distributed facilities. Production reached 200 TWh, an increase of 17% over the previous year.
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China would have a 10 GW capacity of heterojunction cells (HJT) already in service or under construction.
https://www.pv-magazine.com/2020/10/28/chinas-jinergy-bets-on-heterojunction/
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The China Photovoltaic Industry Association (CPIA) estimates that China can deploy 65 GW per year over the period 2021-2025 (the five-year plan)
15.3% of China's energy consumption will come from renewable sources in 2019.
https://www.pv-magazine.com/2020/10/27/china-could-annually-deploy-65-gw-of-pv-in-2021-25-period/
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Trina Solar achieved sales of RMB 19.9 billion ($2.33 billion) in nine months, up 19% on last year. Operating profit reached RMB 832m (+119% thanks to sales of panels, trackers and racks).
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LONGi reported sales of RMB 33.8 billion in the third quarter ( up 49% over 2019).
