Chinese PV Industry Brief: Tongwei secures 1.17 GW order in Saudi Arabia
Tongwei has landed a 1.17 GW solar panel order for Saudi Arabia’s Muwahy project, led by ACWA Power.
Chinese PV Industry Brief: January-August solar installations hit 140 GW
China’s National Energy Administration (NEA) says the nation’s cumulative installed solar capacity reached 750 GW in August, on 139.99 GW of new capacity additions in the first eight months of 2024.
Chinese PV Industry Brief: JP-Solar, Golden Solar, Longi create PV venture
Golden Solar New Energy Technology says its subsidiary, Golden Solar (Quanzhou), has started a CNY 659 million ($93.4 million) joint heterojunction (HJT) solar venture with Longi and JP-Solar Power.
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.
