The new manufacturing facility will require an investment of CNY 8 billion ($1.1 billion) and will be located in Suining, Sichuan province.
Tongwei originally intended to invest CNY 5 billion ($700 million) to buy a 51% stake in Runergy.
The Chinese perovskite solar cell and module maker said its custom-designed double-glass perovskite modules measure 1,200 mm x 1,000 mm and achieve a light transmittance of around 40%.
A state-backed consortium is constructing China’s first large-scale compressed air energy storage (CAES) project using a fully artificial underground cavern, marking a major step in the technology’s commercialization.
China General Nuclear (CGN) New Energy has awarded contracts for 10.5 GW of solar modules under its 2025 procurement framework. The winning companies, including JinkoSolar, Longi, and GCL SI, will supply high-capacity n-type bifacial and monofacial panels.
China will replace its feed-in tariff (FIT) system with a fully market-driven renewable energy pricing model by June 2025, shifting wind and solar projects to competitive bidding and market transactions. The reform aims to enhance competition but raises uncertainty over future returns for investors.
JinkoSolar has filed a lawsuit in Texas against Waaree Energies and its US subsidiary for the alleged infringement of one of its n-type tunnel oxide passivated contact (TOPCon) patents, marking another move in its aggressive patent defense strategy.
Huasun Energy says it has signed a 3 GW supply deal with Hongyang New Energy Development Group for heterojunction (HJT) solar panels. The PV modules will be used in Hongyang’s solar-plus-storage hydrogen-ammonia projects in China’s Xinjiang region, with delivery set by the end of 2026.
Tesla’s first overseas energy storage plant starts operating as global competition from Chinese firms and pricing pressures mount.
Trina Solar has filed a lawsuit against Canadian Solar and its subsidiary, seeking $147 million in damages for alleged infringement of tunnel oxide passivated contact (TOPCon) cell patents. The case, accepted by the Jiangsu High Court, underscores the rise of intellectual property disputes in China’s competitive solar sector.
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