The detained panels were shipped by Canadian Solar and Sunova Solar to Europe and Latin America, respectively. The total value of the seized products amounts to over CNY 5 million.
Akcome said the trading of its stocks will be suspended from June 19.
The Chinese manufacturer said its new Hi-MO X6 Artist series has an efficiency of up to 22.3% and a power output ranging from 420 W to 430 W. The smaller version is currently priced at CNY 298 ($41.7)/m2 and the largest model is sold at CNY 268/m2.
The European Solar Test Installation (ESTI) has confirmed Longi’s achievement of a world record-breaking efficiency rating of 34.6% for a perovskite-silicon tandem solar cell.
China Resources Power has announced the winners of its second PV module procurement round for 2024, while Sichuan Shuoyang Heterojunction New Energy has revealed plans to invest in a 10 GW heterojunction solar cell (HJT) project in Sichuan province.
State Grid Corp. of China says it has finalized a pumped-hydro storage project consisting of four reversible pump-turbine generator units, each with a capacity of 350 MW. It is located near Xiamen, in China’s Fujian province.
Longi says it will issue up to CNY 10 billion ($1.38 billion) of bonds. It will primarily use the funds to support operational needs, supplement working capital, repay interest-bearing debts, and aid project construction and operations.
China’s updated power market regulation now encompass a broader range of market participants, including energy storage entities, in a bid to ensure secure operation.
Chinese manufacturer Longi says it is not shutting down its factory in Malaysia, nor it is idling its production lines in Vietnam, but it acknowledges that it is implementing production adjustments at these facilities.
China Green Development Group has switched on the 3.5 GW Midong solar project in Urumqi, China’s Xinjiang region. The project required an investment of CNY 15.45 billion ($2.13 billion).
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