The move, by Taitong Industry Ltd, will come as a fresh blow to the Chinese module manufacturer, which twice failed to go public – in the U.S. and China – and whose project development business suffered a battering in China when Beijing reined in subsidies in 2018.

The shift to the larger M6 wafer format could occur faster than many have expected. Promoted heavily by mono giant Longi, the format is said to be a good fit for both cell and module production, while still allowing for relatively trouble-free integration into PV arrays. And it all began in China.

The body responsible for state-owned assets in the Chinese port city of Tianjin has approved plans to sell all or part of the solar manufacturer to outside investors – although the rumored beneficiary is thought to be partially state-owned itself.

An insider at the China Photovoltaic Industry Association has told pv magazine there was an end-of-year rally after less than 18 GW of new capacity was installed to the end of November.

The Chinese manufacturer debuted on the Shenzhen exchange in mid December, after de-listing from New York’s NASDAQ in 2018. The company plans to roll out 10 GW of new module capacity and 5 GW of cell lines over four years.

Even when taken in the context of the growing pessimism that has gripped China’s PV industry regarding 2019 demand since the middle of the year, the latest figures from the China Photovoltaic Industry Association (CPIA) are astonishing. More optimistic forecasts from earlier in the year have been downwardly revised, with installations headed for a “cliff edge” decline that could see demand fall by as much as 50% year on year. So, what exactly has taken place?

Dec. 3rd, 2019, Shanghai, Bloomberg New Energy Finance (BNEF) holds its annual conference, the BNEF Summit Shanghai 2019, in Ritz-Carlton Pudong. More than 300 experts of renewable energy industry from China and other countries of the world joined the meeting.

PV Magazine had an interview with Mr. Rongfang Yin, executive vice president of Trina Solar, about Trina’s business and view.

Huanghe Hydropower Development has started work on the first phase of a huge renewable energy project which will eventually feature 10 GW of solar generation capacity along with 5 GW of wind and 1 GW of concentrating solar power. Trina will supply 600 MW of modules to the first phase of the facility.

The China Photovoltaic Industry Association secretary-general has revealed the world’s biggest solar market is unlikely to add more than 30 GW of solar generation capacity this year after just 17.5 GW was installed to the end of October.

The PV manufacturer announced the development of the new solar panels, which feature new M12 series monocrystalline wafers, at a conference on Thursday in the Chinese city of Ningbo. The 50-cell modules are actually slightly bigger than 72-cell designs with 156.75 mm wafers, it said.