Addressing ESG in an ultra-low-cost environment
Shifting requirements for supply chain traceability and carbon footprint disclosure, along with solar oversupply and unsustainably low module prices, have made 2024 a challenging year for PV manufacturers. Despite these obstacles, the industry remains committed to its crucial role in the global energy transition. pv magazine recently spoke with Haimeng Zhang, chief strategy and environmental, social, and corporate governance (ESG) officer at Longi Green Energy, about how the sector is preparing to meet these challenges.
Chinese PV Industry Brief: JA Solar, TCL, Tongwei, GCL Technology post H1 losses
JA Solar has reported a net loss of CNY 874 million ($123.3 million) for the first half of 2024, while Tongwei posted a loss of CNY 3.13 billion. TCL Zhonghuan and GCL Technology also recorded losses of CNY 3.06 billion and CNY 1.48 billion, respectively.
Wafer manufacturers extend efforts at price reversal
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Chinese PV Industry Brief: JinkoSolar, Longi, Trina Solar report H1 results
JinkoSolar says it recorded CNY 47.251 billion ($6.6 billion) of revenue and a CNY 1.2 billion net profit in the first half of 2024, while Longi’s revenue plunged to CNY 38.529 billion in the January-June period, with a net loss of CNY 5.243 billion.
Solar module installations could hit 592 GW in 2024
BloombergNEF says the global solar industry will install 592 GW of modules this year, up 33% on 2023. The consultancy has also lowered its estimate for 2024 polysilicon production, as manufacturers are temporarily scaling back output.
Chinese PV Industry Brief: Longi, TCL Zhonghuan raise silicon wafer prices
Longi has raised silicon wafer prices to CNY 1.15 ($0.16) for N-G10L wafers and CNY 1.30 for N-G12R wafers, while TCL Zhonghuan has increased its prices to CNY 1.15 for G10N wafers, CNY 1.30 for G12RN wafers, and CNY 1.50 for G12N wafers.
Chinese PV Industry Brief: Solargiga forecasts net loss for H1
Solargiga says it expects a net loss between CNY 95 million ($13.3 million) and CNY 115 million for the first half of 2024.
Tokuyama plans polysilicon factory in Vietnam
Japan’s Tokuyama says it will build a new polysilicon manufacturing facility in an industrial park in Ba Ria-Vung Tau province, Vietnam.
Global solar module prices fall amid weak demand
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Heliene to procure US-made solar wafers from NorSun
Heliene has secured a deal to procure US-made solar wafers from NorSun, sourced from its upcoming 5 GW factory in Tulsa, Oklahoma.
