Yingli and JA Solar secure module supply deals

Dec 24, 2020 01:35 PM ET
  • Yingli Energy (China) has supplied 117MW of its N-type PANDA bifacial modules to the biggest solar project in Oman.
  • JA Solar has provided 54MW of modules wherefore it states is Hungary's "biggest PV power plant", the 100MW Kaposvar project.
Yingli and JA Solar secure module supply deals
Image: Yingli Energy (China)

The 575MW Ibri II plant is being created by Saudi firm ACWA Power, with POWERCHINA Huadong Engineering contracted as engineering, procurement and also building (EPC) provider. When full, the plant will certainly be among the biggest in the center East to feature bifacial modules.

The electricity produced by the project will be bought by the Oman Power and Water Procurement Company, which awarded project advancement rights in 2019. Financial closure for the facility was safeguarded earlier this year, with a syndicate of six worldwide as well as regional loan providers supplying US$ 275 million in senior financial obligation.

The center in the southwest of the country, which likewise features Sungrow's inverter services, is being built by China National Machinery Import & Export Corporation, a subsidiary of China General Technology.

At the groundbreaking of the project last year, Hungary's innovation as well as modern technology preacher László Palkovics claimed the plant will add to a well-balanced and also lasting energy mix and assure the country's power safety and security. The park is anticipated to be attached to the grid in February 2021.

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