Chinese PV Industry Brief: Big solar players unveil H1 results
A number of Chinese PV companies – including Jinko Solar and Golden Solar – released their first-half earnings results this week.
Chinese PV Industry Brief: Mixed financials for module, inverter manufacturers
JinkoSolar has predicted that polysilicon prices will peak before the end of September, while Risen, GoodWe, TBEA, and Ginlong have all reported strong first-half increases in revenue.
Chinese PV Industry Brief: Polysilicon price reaches new high at $45.4/kg, government takes action
Average polysilicon prices hit CNY 312 ($45.47)/kg this week, according to an industry association in China. The nation’s Ministry of Industry and Information Technology, the State Administration for Market Regulation, and the National Energy Administration have also asked regional authorities to take action to deal with the price increase.
Chinese PV Industry Brief: Power rationing affects solar module production
China installed 37.73 GW of solar in the first seven months of this year, according to official estimates. JinkoSolar said it is struggling to cope with power rationing in Sichuan province, while Shunfeng said it expects to record a hefty net loss for the first half.
Chinese PV Industry Brief: Tongwei scores 3 GW supply deal
Tongwei has won a contract to supply China Resources Power with 3 GW of solar panels, while Canadian Solar has revealed that it had a particularly strong second quarter.
Chinese PV Industry Brief: Tongwei temporarily halts polysilicon output in Sichuan
Tongwei is temporarily halting polysilicon output in Sichuan due to high temperatures, while Yingli has completed a 5 GW N-type solar cell base in Hebei. Shangji, meanwhile, has revealed plans to build a massive wafer and solar cell factory in Jiangsu.
Chinese PV Industry Brief: China’s green finance market topped $2.9 billion in H1
Deutsche Bank has revealed that China’s green finance market surpassed CNY 20 trillion ($2.9 billion) in value in the first half of 2022. Haitai Solar has listed shares in Beijing, while Shangji has revealed plans for a new polysilicon project in Inner Mongolia.
Chinese PV Industry Brief: Canadian Solar to build new Qinghai production base
Canadian Solar has announced plans to invest in a new solar production base in Qinghai province, while Boamax Technologies has revealed that it will build a new heterojunction solar cell and module factory in Anhui province.
Chinese PV Industry Brief: Daqo’s profits soar by 341%
Daqo posted record revenue of CNY 16.3 billion ($2.3 billion) in the first six months of 2022, while Datang Group announced plans to build 5.58 GW of PV plants in China this year.
Chinese PV Industry Brief: Polysilicon price remains flat
In other news, JinkoSolar is seeking to raise CNY 10 billion ($1.48 billion) to finance its capacity expansion plans and Trina Solar predicts strong profit growth for the first half of the year.
