News Brief May 15: China-Serbia Deal, JinkoSolar, Finnish Wind Farm

News Brief May 15 – China-Serbia Deal, JinkoSolar, Finnish Wind Farm

By Akash Dhiman/ Updated On Wed, May 15th, 2024

News Brief June 07 - UK Battery Project, Energy Vault, Sumitomo Electric

China’s Hunan Rich Inks Deal With Serbia for 1GW PV module factory in Serbia

The Serbian government has signed an MoU with Chinese firm Hunan Rich Photovoltaic Science and Technology to build a 1GW solar module production facility in Serbia. Serbian minister of mining and energy, Dubravka Đedović Handanović, signed the deal last week, which will see the Chinese company invest €30 million (US 32 million) over three years to establish the plant. The site will be in the central Serbian town of Paraćin.

JinkoSolar provides TOPCon modules to Europe’s largest solar park

China-based solar manufacturer JinkoSolar has provided 1.1 million modules to solar developer Move On Energy’s 650MW solar park in Germany. The project is located in the district of Leipzig, eastern Germany, the Witznitz Energy Park – which is currently the largest operational solar park in Europe – recently powered 605MW capacity with the remaining 45MW to be installed and connected by Summer. For this project, JinkoSolar provided its tunnel oxide passivated contact (TOPCon) Tiger Neo modules, while Move On Energy built the project in a former opencast coal mine.

Finland-based Wind Company Completes 380 MW Wind Farm Construction

Fortum and Helen Oy have completed a 380MW wind farm in Finland after over two years of construction in western Finland. The project hosts 56 turbines. The construction of the wind farm began in January 2022. Fortum owns 60% of the site, while Helen owns 40%. Helen will purchase around 50% of the wind farm’s electricity production until the end of its life cycle.

US’ Silicon Ranch & Middle Tennessee Electric Ink Deal For 110-megawatt (MWAC) solar facility

Silicon Ranch, a Nashville-based independent power producer, and Middle Tennessee Electric (MTE), the largest electric cooperative in the Tennessee Valley Authority (TVA) region and the second largest in the United States have announced a solar agreement under TVA’s expanded Generation Flexibility Program, involving the establishment of the Copeland Solar Farm, a 110-megawatt (MWAC) solar facility.