Asia Clean Capital (ACC) has connected a 19 MW building integrated photovoltaic (BIPV) project to the grid at a shipyard in eastern China. It claims that the installation is the largest BIPV project in the world.
Chinese PV developer and EPC specialist Xinyi Solar recorded a net profit of HK$1,254.9 million ($160.5 million) in the first half of 2017, up 12.5% from the preceding year, as its downstream unit’s cumulative installed capacity passed the 1 GW mark.
The Chinese clean energy giant is expecting losses over the first half of this year to amount to around $49 million following a difficult 2016 and further squeezing of the firm’s activities in 2017.
Hanergy Thin Film Power (HTF) has announced the release of Hantile, a new CIGS thin-film solar product that can be integrated with roofing materials.
The Chinese low-voltage electrical products provider will install the giant solar array on the rooftop of Alibaba’s new logistic center in China.
The official target set by the Chinese government for the end of this decade is still 105 GW.
China’s GCL System Integration Technology (GCL-SI) and Vina Solar have started manufacturing PV cells in Vietnam, with annual output estimated at 600 MW. Roughly 330 MW of their total output capacity has been reserved for passivated emitter rear contact (PERC) solar cells.
The Taiwanese solar association filed a complaint on behalf of Taiwanese cell manufacturers, claiming that the prices set by the two market research companies do not correspond to real sale prices and are below real production costs.
The Chinese PV investor said it may record a net profit of up to CNY 40 million ($5.9 million) for the first half of 2017. The preliminary figures point to a sharp turnaround from last year, as it posted a net loss of CNY 124.4 million in the first six months of 2016.
Solar projects generated about 51,800 GWh of electricity throughout China in the first half of 2017, up 75% year on year, according to preliminary statistics from the National Energy Administration (NEA).
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