Silicon Metal Social Inventories across China’s Three Major Markets Extend Growth, Driven by Significant Arrivals in Kunming

Recently, the winning bid result for the engineering, procurement, and construction (EPC) project of the PV power generation works of Sinopec Longkou Liquefied Natural Gas (LNG) Project was announced. The bid winner is Bangrun (Shandong) Planning and Design Co., Ltd., with a winning bid amount of 3,899,570.7 yuan, equivalent to a unit price of approximately 2.67 Yuan/W. The bid inviter for this project is Sinopec Yantai Longkou LNG Co., Ltd., and the project is located in Longkou City, Yantai City. It is reported that this project is the EPC project for the PV power generation works of Sinopec Longkou LNG Project. The PV power generation works of Sinopec Longkou LNG Project include the construction of one new distributed PV power generation system (with a minimum installed total capacity of 1,458.24 kWp, using 620 Wp monocrystalline silicon cells for the PV modules), one new box-type transformer, six new AC slow charging piles, as well as supporting cables, civil works, and video monitoring. The scope covers integrated design (including construction drawing design, non-standard design, and as-built drawing preparation), material procurement, engineering construction, and engineering warranty; cooperation in completing final acceptance; and assistance to the bid inviter in completing grid connection, detection, and other related work. This project is divided into one section.

Recently, the 100 MW PV power generation project in Donghuwei Township, Leiyang City, Hunan Province, invested and constructed by China Energy Engineering Group Gezhouba Mechanical & Electrical Co., Ltd., successfully completed reverse power transmission, and the project construction has entered the sprint stage for commissioning and power generation. This project is an EPC turnkey project, including the survey and design of the PV area, 35 kV collector lines, 110 kV booster station, and 110 kV outgoing transmission lines (including the grid connection bay at the power grid access end), as well as the procurement and supply, supervision and detection of all equipment (including modules) and materials related to the project, construction and installation works, project management, commissioning, acceptance, training, handover for production, and services during the project quality warranty period.

Recently, the "Three-Year Action Plan for Energy Conservation and Carbon Reduction in Key Industries of Guangdong Province" was issued. It proposes to orderly increase the proportion of renewable energy use in the cement industry, encourage cement enterprises to promote the integrated development and operation of distributed PV, distributed wind power, and diversified energy storage, and advance efficient utilization models such as waste heat and pressure power generation and heat supply. To address issues such as lagging updates of standards for new products and processes in traditional industries and incomplete standards in emerging industries, the plan calls for accelerating the formulation and release of standards and specifications in sectors including high-energy-consuming industries such as chemicals, PV equipment manufacturing, and data centers.