China Solar PV News Snippets

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Back-contact solar manufacturer AIKO has partnered with Tianjin Binhai New Area Construction & Investment Group and China Railway 18th Bureau Group to invest $275 million in a land-based Atlantic salmon farming project.

The recirculating aquaculture system (RAS) will have an annual production capacity of 15,000 tons and integrate AIKO's ABC PV modules, energy storage systems, zero-carbon energy solutions, and AI-powered operational platform.

The project will adopt a ‘PV generation-storage-high-voltage DC bus-aquaculture load’ architecture to reduce the high energy consumption of land-based aquaculture. AIKO said its AI energy management platform will further optimize electricity use and lower operating costs.

State-owned energy developer China Huaneng has started construction of its 15 GW Kubuqi ‘desert-Gobi-wasteland’ renewable energy base in Dalat Banner, Ordos, Inner Mongolia.

The integrated wind-solar-coal-storage project is a key renewable energy initiative under China's 15th Five-Year Plan. The first construction phase includes 4 ultra-supercritical coal-fired units, each with a capacity of 660 MW, which will provide supporting capacity for the large-scale wind and solar installation.

Once completed, the project will transmit renewable electricity to Shanghai and the East China region and is expected to reduce carbon dioxide emissions by ~17 million tons annually.

Power system investment management and operations provider PCG Power has signed a strategic cooperation agreement with Luoneng Capital, Chengdu Communications Investment Group, and Chengdu Mengjiang Investment Group to establish a RMB 1 billion new energy merger-and-acquisition (M&A) fund.

The fund will focus on investments in PV, energy storage, integrated PV-storage-charging projects, and urban and rural microgrids.

The partners will also establish PCG Power's Southwest headquarters in Pengzhou, as well as intelligent operations and maintenance and asset management entities. The company said the collaboration will support development of an integrated smart energy platform covering spot electricity trading, green power transactions, and ancillary services. PCG Power currently operates nearly 2 GW of grid-connected renewable energy capacity.

China's State Council has released the Carbon Peak Action Plan for the 15th Five-Year Plan period (2026-2030), targeting a 17% reduction in carbon dioxide emissions per unit of GDP from 2025 levels and raising the share of non-fossil energy consumption to 25% by 2030.

The plan calls for accelerated deployment of wind, solar, hydropower, and nuclear power, including large-scale wind and solar bases in northern China, integrated hydropower-wind-solar projects in southwestern regions, and continued distributed PV development.

By 2030, China aims to increase combined installed wind and solar capacity to more than 2.8 TW. The plan also promotes direct supply of green power, source-grid-load-storage integration, and increased renewable energy consumption.

For energy storage, China targets around 160 GW of pumped hydro capacity and 300 GW of new energy storage by 2030 while expanding long-duration storage technologies.

The plan also proposes developing around 100 national zero-carbon industrial parks and 500 zero-carbon factories during the 15th Five-Year Plan period, supported by green power direct supply, industrial microgrids, and digital energy-carbon management systems.