Huawei unveils world’s largest microgrid
China’s Huawei has built a 400 MW/1.3 GWh solar-plus-storage off-grid facility in Red Sea New City, Saudi Arabia.
Chinese PV Industry Brief: Aiko Solar, GoodWe, Ginlong Solis post H1 profit declines
Aiko Solar, GoodWe, and Ginlong Solis have all posted declines in net profit for the first half of 2024 due to industry overcapacity.
Longi achieves 34.6% efficiency for two-terminal tandem perovskite solar cell prototype
In a paper published in nature, the Chinese module maker explained that the 33.9%-efficient tandem device it unveiled in December 2023 is based on a bilayer intertwined passivation strategy that combines efficient electron extraction with further suppression of nonradiative recombination. It also revealed that its two-terminal tandem prototype devices achieved an efficiency of 34.6%.
Chinese PV Industry Brief: Risen, Sungrow, Arctech reveal H1 results
Module maker Risen Solar has posted a net loss of CNY 963 million ($135.2 million) for the first half of 2024, while Sungrow and Archtech have recorded profit increases.
GCL breaks ground on 2.4 GW pumped storage plant in China
With a total investment of around CNY12.5 billion ($1.76 billion), the project located in Jiande City, Zhejiang Province, is expected to commence power generation before 2030.
Chinese PV Industry Brief: JA Solar, TCL, Tongwei, GCL Technology post H1 losses
JA Solar has reported a net loss of CNY 874 million ($123.3 million) for the first half of 2024, while Tongwei posted a loss of CNY 3.13 billion. TCL Zhonghuan and GCL Technology also recorded losses of CNY 3.06 billion and CNY 1.48 billion, respectively.
Chinese PV leaders ask Beijing for new tender pricing mechanisms
Chinese PV industry leaders are urging Beijing to implement requirements to help manufacturers operate more sustainably, as solar module prices hit record lows in China’s large-scale PV tenders.
Chinese PV Industry Brief: JinkoSolar, Longi, Trina Solar report H1 results
JinkoSolar says it recorded CNY 47.251 billion ($6.6 billion) of revenue and a CNY 1.2 billion net profit in the first half of 2024, while Longi’s revenue plunged to CNY 38.529 billion in the January-June period, with a net loss of CNY 5.243 billion.
Chinese PV Industry Brief: GCL Technology reports CNY 8.9 billion of H1 revenue
GCL Technology says revenue hit CNY 8.86 billion ($1.3 billion) in the first half of 2024, with a gross loss of CNY 553 million, while Xinte Energy says it recorded CNY 11.74 billion of revenue and a net loss of CNY 887.02 million for the first six months of the year.
Chinese PV Industry Brief: Longi, TCL Zhonghuan raise silicon wafer prices
Longi has raised silicon wafer prices to CNY 1.15 ($0.16) for N-G10L wafers and CNY 1.30 for N-G12R wafers, while TCL Zhonghuan has increased its prices to CNY 1.15 for G10N wafers, CNY 1.30 for G12RN wafers, and CNY 1.50 for G12N wafers.
