Chinese Pv Industry Brief: Cnooc Buys 790 Mw Of Modules at $0.12/w
China National Offshore Oil Corp. (CNOOC) says it has bought 790 MW of solar modules from Yingli at $0China National Offshore Oil Corp. (CNOOC) says it has bought 790 MW of solar modules from Yingli at $0.
PV Magazine International 12:52 pm on May 23, 2024
**Summary (Under 100 words):** CNOOC, China's largest offshore oil company, announced purchasing $926 million worth of solar modules from Yingli at $0.12/W. This centralized procurement process involved bids for 790 MW n-type monocrystalline bifacial modules and marks a significant investment in the nation's PV industry expansion. **HTML formatted Bullet Points:**
- Company Involved: China National Offshore Oil Corp (CNOOC) procured solar modules.
- Procurement Details: Bids for 790 MW n-type monocrystalline bifacial modules at $0.12/W from Yingli were accepted.
- Total Value: The deal values around CNY 926 million ($135 million).
- Industry Impact: This signifies a large-scale investment in China's PV sector.
- Procurement Process: The centralized procurement process facilitated the deal.
https://www.pv-magazine.com/2024/05/22/chinese-pv-industry-brief-cnooc-buys-790-mw-of-modules-at-0-12-w/