Articles written by Vincent Shaw

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Markets & Policy
China’s Jiangsu province launches 27.3 GW offshore solar plan The authorities in China’s Jiangsu province have launched an offshore solar development plan (2025-30), targeting 27.25 GW from 60 projects. The plan aims to connect 10 GW of offshore solar to the grid by 2027, with a goal of up to 20 GW by 2030.
Vincent Shaw
Jan 02, 2025
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Markets & Policy
Chinese PV Industry Brief: Xinyi Solar projects steep profit decline in 2024 Xinyi Solar says it expects a 70% to 80% profit decline for the year ending Dec. 31, 2024, due to low market prices, higher plant suspension costs, and inventory writedowns.
Valerie Thompson, Vincent Shaw
Dec 31, 2024
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Markets & Policy
Chinese silicon giants cut production, driving price concerns Major Chinese companies such as Tongwei, Daqo, and GCL-Poly have cut silicon production, driving concerns over rising polysilicon prices.
Vincent Shaw
Dec 30, 2024
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Markets & Policy
Aluminum frames lead solar panel costs amid shifting industry prices SinoLink Securities says aluminum frames now dominate solar panel costs, as material price shifts reshape the cost structure of the PV industry and drive the need for innovation.
Vincent Shaw
Dec 30, 2024
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Markets & Policy
China’s first zero-carbon highway includes PV, paving way for sustainable transport China’s first zero-carbon highway, the 152.7 km Jinan-Hefei Highway, has opened for traffic, featuring renewable energy systems, advanced tracking technology, and design elements aimed at cutting net carbon emissions by 9,000 tons per year.
Vincent Shaw
Dec 24, 2024
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Applications & Installations
World’s largest compressed air energy storage project breaks ground in China Huaneng Group has begun phase two of its Jintan Salt Cavern CAES project in China. It is set to become the world’s largest compressed air energy storage facility with groundbreaking advancements in power output and efficiency.
Vincent Shaw
Dec 23, 2024
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Markets & Policy
JA Solar to invest in solar manufacturing hub in Oman JA Solar has revealed plans to invest CNY 3.957 billion ($542 million) to build a factory in Oman with 6 GW of solar cell capacity and 3 GW of PV module capacity.
Vincent Shaw
Dec 23, 2024
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Markets & Policy
Chinese PV Industry Brief: Huadian connects second phase of 1 GW project Huadian says it has connected the second phase of its 1 GW Tengger solar project to the grid in China’s Inner Mongolia region, while First Applied Material has extended the construction timeline for its Vietnam film encapsulation project to December 2025.
Vincent Shaw
Dec 20, 2024
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Markets & Policy
China Huaneng secures $2.1 billion equity boost for renewables expansion   China Huaneng Group has obtained CNY 15 billion ($2.1 billion) in equity financing for its renewable energy subsidiary, Huaneng Renewables, from five major state-owned entities. The deal, the largest renewable equity financing transaction of 2024, will reduce financial pressures for Huaneng Renewables and support its wind and solar projects.
Vincent Shaw
Dec 20, 2024