[SMM PV News] China Huaneng Awards 2.2 GW PV Construction Tender in Yunnan

Suniva is investing $350M in a new 4.5 GW solar cell plant in South Carolina, set to open in Q2 2027. This brings its total capacity to 5.5 GW+. As a merchant supplier, Suniva aims to bridge the U.S. cell production gap, helping domestic module makers meet IRA "Domestic Content" rules to qualify for the 10% bonus tax credit.

Beijing has issued its 15th Five-Year Plan (2026-2030), targeting an additional 2 GW of solar and wind capacity during the period and aiming to meet all new electricity demand with clean energy generation. The plan also targets 65 billion kWh of imported clean electricity, supports the deployment of energy storage, including compressed air systems, and promotes integrated solar-storage-charging solutions. It emphasizes the development of perovskite PV and solid-state batteries, and aims to have renewable energy account for 15% of the city's heating area by 2030.

Provincial energy developer Gansu Electric Power Investment Group (GEPIC) plans to build a 1 GW wind-solar hybrid project in Qingyang, Gansu Province, comprising 750 MW of wind and 250 MW of PV capacity. The project carries a total investment of about RMB 4.377 billion, with a projected post-tax payback period of 16.34 years and an equity internal rate of return (IRR) of 2.17%.