Chinese PV Industry Brief: Nation’s January-July PV capacity hits 123.53 GW
China’s National Energy Administration (NEA) says the country installed 21.05 GW of solar capacity in July 2024, bringing the year’s total to 123.53 GW, while China Huadian Group has launched a 16.03 GW PV module procurement tender.
Shenzhen Stock Exchange rejects Das Solar’s listing plan
China’s Shenzhen Stock Exchange has terminated Das Solar’s initial public offering (IPO) application in response to the withdrawal of its sponsor, Sinolink Securities. The decision ends Das Solar’s eight-month bid to go public.
Chinese PV Industry Brief: Longi gets green light for 1.05 GW wind, solar
Longi Green Energy says it obtained regulatory approval for a 1.05 GW wind-solar-hydrogen project in Inner Mongolia, while Jolywood Technology says it has delayed its 7.2 GW residential solar project due to adverse market conditions.
China’s largest electrochemical storage facility achieves grid connection
Huadian (Haixi) New Energy Co. has connected the 270 MW/1,080 MWh Togdjog Shared Energy Storage Station to the grid in China’s Qinghai province, marking the start of operations for China’s largest single electrochemical storage facility.
Chinese PV Industry Brief: Solargiga forecasts net loss for H1
Solargiga says it expects a net loss between CNY 95 million ($13.3 million) and CNY 115 million for the first half of 2024.
Tongwei to acquire Runergy
Tongwei has presented a CNY 5 billion ($698.9) million offer to acquire Chinese solar module maker Runergy. If successful, the transaction will be the largest M&A deal in the PV sector this year.
Chinese PV Industry Brief: CECEP Solar to build 500 MW project with desert tech
CECEP Solar says it will build a 500 MW PV project with desertification-control technology in Dalad Banner, Inner Mongolia, including 75 MW/150 MWh of battery storage.
Chinese PV Industry Brief: Nationwide solar production increase in H1
China’s Ministry of Industry and Information Technology (MIIT) says the country’s PV industry recorded significant production increases in the first half of 2024, while Trina Solar has announced a new research collaboration with Singapore’s Institute of Materials Research and Engineering (IMRE).
Q-Sun Solar, Bakarat Investment to build 10 GW solar panel factory in Oman
The China-based solar manufacturer and Oman’s renewable investment entity Bakarat Investment have agreed to jointly establish a 10 GW solar module factory in the country with an investment of around $200 million.
Grid shortages fuel China’s small-scale solar boom
Small-scale, “distributed” PV has become a significant part of the world’s biggest solar market but it is now butting up against the same grid constraints that have frustrated utility-scale PV in China and other parts of the world.
