Chinese polysilicon manufacturer Xinte Energy has reported a lower full-year net profit for 2023 due to falling polysilicon prices.

Lingda Group says it is dropping plans to invest in a 20 GW solar cell factory due to poor macroeconomic conditions, challenges in the PV industry, financing constraints, and other external factors.

Chinese solar manufacturer Longi has responded to recent media reports claiming that it might cut 30% of its global workforce.

Jolywood has suspended plans to build 100,000 metric tons (MT) of polysilicon capacity at a facility in Gujiao, China’s Shanxi province.

The Chinese panel manufacturer said its new products have a temperature coefficient of -0.28%/C and a power output ranging from 565 W to 590 W. They rely on the company’s proprietary hybrid passivated back contact (HPBC) cell technology.

Huaneng Group has selected eight manufacturers – JA Solar, JinkoSolar, Huayao PV, LONGi, Tongwei, GCL SI, Risen, and Huasun – for its latest PV module procurement exercise.

Daqo increased polysilicon production volume in 2023 to 197,831 MT, representing a 47.8% year-over-year increase compared to 133,812 MT produced in 2022.

Canadian Solar says its new 14 GW vertically integrated cell and module factory will require an investment of CNY 9.63 billion ($1.33 billion), while Aiko Solar says it will invest CNY 9.97 billion in a 10 GW facility.

Trina Solar has announced its 2023 earnings results, while Autowell has secured a supply contract from Longi Green Energy.

China National Nuclear Corp. (CNNC), a Chinese state-owned nuclear producer, has revealed plans to procure 1 GW of inverters, while Mubon High-Tech said it may scrap its plans to build a 5 GW heterojunction solar cell factory in China’s Anhui province.