Huadian

Also, a court in Beijing is now reviewing an application for bankruptcy filed by a unit of Hanergy. In other developments this week, a diverse range of solar industry players launched the 600W+ Photovoltaic Open Innovation Ecological Alliance.

Huadian Fuxin Energy recorded a profit attributable to shareholders of CNY 1.45 billion ($217.9 million) in the first half of 2017 — roughly similar to its results in the first six months of the preceding year — as the company’s total installed PV capacity surpassed the 1 GW mark in China.

The Chinese renewable-energy developer’s consolidated installed PV capacity rose to 977 MW in the year to the end of December, on 177.3 MW of annual capacity additions.

The Chinese state-owned power producer has connected three projects to the grid in eastern and northern China.