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.
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.
The China Nonferrous Metals Industry Association (CNMIA) says that prices for solar-grade polysilicon remain stable this week despite strong producer pricing intentions, as unresolved downstream demand issues are holding back sales potential.
Three Gorges has revealed plans for a 16.5 GW renewable energy project in China’s Taklamakan Desert, which includes 8.5 GW of solar power, 4 GW of wind, 3.96 GW from six ultra-supercritical coal-fired units, and 5 GWh of electrochemical energy storage.
TCL Zhonghuan has reported a net loss of CNY 2.998 billion ($420 million) for the third quarter of 2024, while Hunan Huamin Holdings posted a CNY 187.5 million loss, and Maxwell Technologies disclosed a modest rise in net profit for the July-September period.
Chinese battery manufacturer CALB has sued rival CATL for patent infringement. It is seeking damages significantly higher than the total CNY 700 million (€91 million) that CATL previously claimed in six patent infringement cases it filed against CALB.
Trinasolar Evergreen (Shanghai) PV Tech. Co., Ltd., a building-integrated photovoltaics (BIPV) unit of Trina Solar, has launched four new products for public, industrial, and infrastructure projects. Trina Solar aims to capture a share of the fast-growing BIPV market.
Arctech Solar says it plans to raise up to CNY 1.1 billion ($150 million) to expand its manufacturing capacity, while China Power Construction has opened bids for 1,500 MWp of n-type heterojunction PV modules.
China’s Longi Green Energy has set a new world record for crystalline silicon solar module efficiency with its independently developed hybrid passivated back contact (HPBC) 2.0 module, achieving a conversion efficiency of 25.4%, according to a certification report from Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE).
China’s GNE has developed a lithium-sulfur battery with an energy density of 700 Wh/kg, significantly surpassing that of common lithium-ion batteries.
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