China’s PV sector faced steep declines in upstream output and margins in the first half of 2025, as oversupply and price declines weighed on manufacturers, according to the China Photovoltaic Industry Association (CPIA).
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).
Sungrow Power has revealed its newest hybrid residential energy storage system. Upgrades to its MG Series inverters and a battery will be launched in Q4.
Researchers in China have investigated how market segment spillover effects materialized in the Chinese PV supply chain from 2017 to 2024, and have identified a series of hedging strategies that could help manufacturers reduce risks. Their analysis showed these effects are triggered based on an ‘’upstream-driven, downstream-responsive’’ contagion pattern.
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.
The Chinese company stated that its new H02 product line is available in either single-phase or three-phase configurations. It comes with a different number of 5.12 kWh batteries.
The Chinese company says its new storage product is designed for high-load scenarios, including motorhomes and solar setups. It supports up to four batteries in series and four batteries in parallel.
With a capacity of 2 GWh, the four-hour storage system is described as the largest lithium iron phosphate energy storage project in the country.
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.
Scientists in China have simulated an advanced adiabatic compressed air energy storage, to which they added an elastic airbag with a heavy load situated above it. The energy, exergy, and economic analysis of the system showed that, due to the constant weight of the heavy load, the airbag’s pressure level remains unaltered during operation.
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