Longi, Aiko Solar, TCL Zhonghuan, Tongwei to post H1 losses
Longi says it expects a net loss of CNY 4.8 billion ($660.2 million) for the first half of 2024, while Tongwei is bracing for a CNY 3 billion loss. Aiko Solar and TCL Zhonghuan, meanwhile, are predicting losses of CNY 2.9 billion and CNY 1.4 billion, respectively.
China to impose stricter requirements on PV manufacturing
The new provisions are intended to reduce overcapacity in the market while selecting the most efficient technologies and products.
Chinese PV Industry Brief: JA Solar expects $110 million net loss for H1
JA Solar says it has incurred a $110 million net loss for the first half of 2024, due to rising competition in the solar market, continual price declines, lower gross profit from core operations, and significant provisions for inventory depreciation.
Chinese PV Industry Brief: JinkoSolar’s TOPCon module shipments pass 100 GW
Chinese solar module maker JinkoSolar says it has shipped more than 100 GW of tunnel oxide passivated contact (TOPCon) modules in just 18 months.
Chinese PV Industry Brief: January-May solar curtailment rate hits 3.3%
China’s National Energy Administration (NEA) says that nationwide solar curtailment reached 3.3% in the January-May period, and 2.5% in May alone.
Chinese PV Industry Brief: January-May installations hit 79.15 GW
China’s cumulative installed PV capacity reached 690 GW at the end of May, according to recent numbers released by the country’s National Energy Administration (NEA).
Chinese PV Industry Brief: Three Gorges Energy secures $10.89 billion for 2024
Three Gorges Energy has obtained $10.89 billion of funding for 2024. Its total installed renewable energy capacity exceeded 40 GW at the end of 2023, with total assets surpassing CNY 310 billion.
Chinese solar cell maker to build 10 GW factory in Oman
Chinese solar cell maker Hainan Drinda New Energy Technology plans to build a 10 GW factory in Oman to produce tunnel oxide passivated contact (TOPCon) solar cells.
Chinese customs seize PV modules suspected of intellectual property infringement
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.
Chinese PV Industry Brief: Akcome confirms delisting from the Shenzhen stock market
Akcome said the trading of its stocks will be suspended from June 19.
