The Chinese PV production equipment provider is expanding to Malaysia with the aim to “enhance supply chain agility and efficiency.”
Canadian Solar says its net profit plunged nearly 92% in the first quarter of 2025 on falling margins, while China Energy Engineering Corp. (CEEC) says the Shanghai Stock Exchange has approved its targeted A-share issuance to raise up to CNY 15 billion (USD 2.09 billion) for energy projects.
In a new special, pv magazine Brazil reports on how rising Chinese demand, price volatility and the global tech race are reshaping Brazil’s solar market, with major manufacturers weighing in on supply shifts, pricing and the outlook for storage.
JinkoSolar says its global PV shipments grew 19.2% year on year to 99.6 GW in 2024, but revenue fell 22% to CNY 92.2 billion ($12.64 billion) due to a decline in module prices.
EnergySage, a residential PV marketplace operator, has released a review of the top solar panel brands in the US market.
Trina Solar has filed a lawsuit against Canadian Solar and its subsidiary, seeking $147 million in damages for alleged infringement of tunnel oxide passivated contact (TOPCon) cell patents. The case, accepted by the Jiangsu High Court, underscores the rise of intellectual property disputes in China’s competitive solar sector.
PowerChina has signed a contract with Manila Electric for the 1.05 GW Terra solar project in the Philippines, as part of the 2.45 GW Terra Project, which also includes 3.3 GWh of energy storage.
The power purchase agreement covers all the energy generated at a 1.2 MW facility in eastern Japan and a 1.9 MW site in the south west of the country.
The Chinese PV industry has benefited from the availability of substantial finance over the past two decades, supporting the development of the renewable, zero-carbon capability essential for meeting the goals of the Paris climate agreement. Easy access to finance has led to unsustainably low prices and unnecessary losses, however, impacting China’s ability to sustain support for renewable energy systems. As the nation expands clean power installations and enhances grid-balancing capacity, maintaining consistent financial support has become more challenging.
The subsidiary of Chinese-Canadian solar manufacturer Canadian Solar says the financing will go towards developing and constructing solar and battery energy storage projects across Spain, Italy, the UK, the Netherlands, France and Germany.
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