Chinese PV Industry Brief: China passes 1.1 TW of solar despite June slowdown
China added 212.2 GW of new solar capacity in the first half of 2025, pushing total installed PV capacity past 1.1 TW, according to the National Energy Administration (NEA).
Chinese PV Industry brief: GCL Optoelectronics raises $27.5 million for perovskite factory
GCL Optoelectronics Materials has raised nearly CNY 200 million ($27.5 million) in a C2 financing round to advance perovskite solar manufacturing and research at its new gigawatt-scale facility in China’s Jiangsu province.
Chinese PV industry Brief: Zhejiang Bangjie drops 18 GW factory plan
Zhejiang Bangjie Holding Group has canceled its planned CNY 8 billion ($1.10 billion) solar manufacturing project in Jiangshan, while Arctech Solar has secured a 2.3 GW tracker deal in Saudi Arabia.
Chinese PV Industry Brief: Tongwei, Longi, JA Solar announce H1 losses
Tongwei, Longi, and JA Solar have predicted steep losses for the first half of 2025, as persistent oversupply and falling solar module prices continue to pressure margins across China’s PV manufacturing sector.
Chinese PV Industry Brief: China Railway awards 3 GW module tender
China Railway Construction Corp.’s IT unit has named 10 preliminary winners for its 2025 solar module framework procurement. The 3 GW contract covers n-type monocrystalline bifacial tunnel oxide passivated contact (TOPCon) modules, with delivery required within 170 days of signing.
CATL, Sungrow and CRRC Zhuzhou lead Chinese energy storage rankings
The China Energy Storage Alliance (CNESA) has released its 2024 rankings of Chinese energy storage companies, with CATL, Sungrow, and CRRC Zhuzhou Institute securing top positions across key segments.
China on track to deploy 380 GW of PV in 2025
China is set to break new ground in its energy transition, with 2025 renewable capacity additions projected to exceed 500 GW, driven by surging solar and wind deployment, according to a new report from the State Grid Energy Research Institute.
CATL lawsuit threatens Hithium IPO
China’s Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery manufacturer, has filed a lawsuit accusing fast-growing rival Hithium of unfair competition – a move that could jeopardize Hithium’s upcoming initial public offering (IPO) in Hong Kong.
PowerChina breaks ground on world’s largest power generation-side battery storage project
On June 26, the construction of the world’s largest power generation-side energy storage project in Ulan Chab, Inner Mongolia, officially began. This 1 GW/6 GWh project, using lithium iron phosphate (LFP) technology, aims to enhance grid stability and support China’s renewable energy transition.
China moves to curb solar overcapacity, stabilize pricing
China’s top industry officials have vowed to curb low-price competition and excess capacity in the solar sector, as authorities begin implementing measures aimed at stabilizing supply chains and rebalancing the market.
