exceeds 120 billion, the latest development of large-scale photovoltaic projects in China in November

, the total investment of large-scale photovoltaic projects in China exceeded 120 billion yuan, and a total of 23 projects were dynamically updated. Although the data seems to show signs of slowing down, in fact, because of overcapacity and continued low prices, some companies choose to low-key the commissioning ceremony of the project. There are 5 projects with over 10 billion investment this month. In addition, Jingao Technology has put into operation in Baotou, Inner Mongolia and Shijiazhuang, Hebei Province, and Artes plans to build another factory in Thailand.

billion investment projects:

, the 5GW photovoltaic module project of Jingao Science and Technology Baotou Base was put into production. On November 19, Jingao Science and Technology Shijiazhuang Base held a commissioning ceremony for 10GW slice and 10GW battery projects, which is Jingao's first over 10 billion investment project in Hebei Province.

, Artes announced that the company intends to invest in the construction of a solar wafer production base with an annual capacity of 5GW in Chonburi, Thailand. The silicon wafers from this base will be used to supply the battery chip production bases of ATS in the United States and Thailand.

Other Developments

, in the 2023 photovoltaic module collection of the National Energy Group, the P-type module excluding freight was quoted at 0.971 yuan/watt, marking that the module quotation entered the 0.97X era. On November 20, in Hunan Xiaoguang Mould Distributed Photovoltaic Project, Gepu Light Energy won the bid of 0.947 yuan, which once again refreshed the low bidding price. Silicon prices also fell slightly again this week, by no more than 4%.

BCLOG believes that in the context of intensified market competition, photovoltaic project investors and enterprises should pay attention to technological innovation and cost control, improve project quality and competitiveness, and respond to market changes.

Data source: Digital New Energy/China Nonferrous Metals Industry Association Silicon Industry Branch/National Energy Group/Changsha Yuhua District Development and Reform Bureau