Kong Sun Holdings has revealed that its solar projects throughout China generated roughly 1162.2 GWh in the nine months to the end of September 2017, up 82.57% year on year, as it expanded its operational PV portfolio by more than 500 MW.
Kong Sun has recorded a profit of CNY 63.7 million ($9.75 million) in the first half of 2017, from a loss of CNY 124.4 million a year earlier, as it connected roughly 210 MW of new solar capacity to the Chinese grid.
China’s irico Group New Energy has recorded a profit of CNY 46.7 million ($7.014 million) in the first half of 2017, up roughly 43.9% year on year, as revenue from its PV business jumped 27% to CNY 592.5 million.
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