Xinjiang

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.

GCL-Poly Energy has signed a framework agreement with semiconductor manufacturer Tianjin Zhonghuan, under which the two sides will collaborate of the production of polysilicon and wafers, in addition to downstream PV project development.

Daqo New Energy reported a net profit of about $12.1 million in the second quarter of 2017, down roughly 47% from the preceding three-month period, as the Chinese polysilicon producer’s revenue fell more than 9% to about $76 million.

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).

The Chinese PV investor connected a new solar array to the grid this week in Huanghua, Hebei province.

The Chinese PV investment group recorded a profit of 54.8 million yuan ($7.96 million), from a loss of 98.9 million yuan in 2015, as it more than double the size of its operational solar portfolio.