Chinese PV Industry Brief: JA Solar enters hydrogen business
JA Solar says it has launched a hydrogen business with the establishment of JA Hydrogen, a new unit based in Beijing with CNY 100 million ($13.8 million) of registered capital.
China cuts export tax rebate for solar products
China has reduced the export tax rebate for solar products, lowering refunded taxes for Chinese PV exporters and eating into their profit margins. The move might force some companies to increase export prices to mitigate potential financial losses.
Chinese PV Industry Brief: Tongwei starts due diligence on bid for Runergy
Tongwei has initiated due diligence on its CNY 5 billion ($691.8 million) bid to acquire Chinese solar maker Runergy, aiming to secure at least 51% of its equity. The deal, which would be the largest in the PV sector this year, remains subject to changes or potential termination.
PowerChina launches 52 GW solar module, inverter tender
PowerChina has launched a 52 GW procurement plan for 2025, which includes solar modules, inverters, and 16 GWh of energy storage systems.
UtmoLight unveils 450 W perovskite solar module with 16.1% efficiency
Chinese manufacturer UtmoLight has developed a 450 W perovskite solar module with a 16.1% efficiency rating. It claims that the panel is currently the largest perovskite PV module available.
Chinese PV Industry Brief: Huaneng launches 15 GW solar module tender
China Huaneng has kicked off a 15 GW solar panel procurement round, drawing participation from China’s largest PV module manufacturers.
World’s second-largest solar plant goes online in China
CHN Energy has connected the 3 GW Mengxi Lanhai solar facility to the grid after 14 months of construction. The project in Ordos, Inner Mongolia, required a total investment of approximately CNY 12 billion ($1.6 billion).
Global PV demand to hit 469 GW and 533 GW this year, says PV Infolink
PV InfoLink says that Chinese solar demand will reach between 240 GW and 260 GW this year, while European demand will hit 77 GW to 85 GW.
Chinese PV Industry Brief: Solar module exports hit 54.9 GW in Q3
China’s solar module exports fell to 16.53 GW in September, down 12% from August and 16% year on year, according to PV InfoLink. Third-quarter exports reached 54.9 GW, a 15% drop from the second quarter, but a 6% increase from the third quarter of 2023.
Chinese PV Industry Brief: JA Solar, Longi, Jinko, Trina report Q3 results
The Big FOUR released Q3 reports last week. JinkoSolar sees a steep drop in Q3 profit amid industry challenges. JA Solar experienced a revenue decline but recovered profit. LONGi narrows losses as revenue slips.
