China Coal Energy Group (China Coal) has ordered 4 GW of solar modules from JinkoSolar, Tongwei, JA Solar, and DAS Solar at $0.10/W, including 3 GW of tunnel oxide passivated contact (TOPCon) panels and 1 GW of passivated emitter and rear cell (PERC) products.
PowerChina has unveiled plans for a 300 MW offshore PV pilot project in the Bohai Sea, using advanced solar panels designed to endure extreme marine conditions.
China’s National Energy Administration (NEA) says developers installed 181.3 GW of new PV capacity from January to October 2024, including 20.42 GW in October alone.
Chinese manufacturer JA Solar has agreed to build a 2 GW solar cell and module factory in Egypt with support from UAE-based Global South Utilities.
China has tightened investment rules for PV manufacturing, raising the minimum capital ratio for starting projects from 20% to 30%, according to new standardized guidelines announced by the government.
Trina Solar says it has achieved a record efficiency of 26.58% for a tunnel oxide passivated contact (TOPCon) solar cell. The Chinese manufacturer says Germany’s Institute for Solar Energy Research Hamelin (ISFH) has independently verified the result.
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 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.
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 has launched a 52 GW procurement plan for 2025, which includes solar modules, inverters, and 16 GWh of energy storage systems.
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