Vincent Shaw

Arctech Solar says it plans to raise up to CNY 1.1 billion ($150 million) to expand its manufacturing capacity, while China Power Construction has opened bids for 1,500 MWp of n-type heterojunction PV modules.

Trinasolar Evergreen (Shanghai) PV Tech. Co., Ltd., a building-integrated photovoltaics (BIPV) unit of Trina Solar, has launched four new products for public, industrial, and infrastructure projects. Trina Solar aims to capture a share of the fast-growing BIPV market.

Chinese battery manufacturer CALB has sued rival CATL for patent infringement. It is seeking damages significantly higher than the total CNY 700 million (€91 million) that CATL previously claimed in six patent infringement cases it filed against CALB.

TCL Zhonghuan has reported a net loss of CNY 2.998 billion ($420 million) for the third quarter of 2024, while Hunan Huamin Holdings posted a CNY 187.5 million loss, and Maxwell Technologies disclosed a modest rise in net profit for the July-September period.

JinkoSolar, JA Solar, Longi, and Trina Solar reported significant revenue declines and net losses for the third quarter of 2024.

China’s solar module exports fell to 16.53 GW in September, down 12% from August and 16% year on year, according to PV InfoLink. Third-quarter exports reached 54.9 GW, a 15% drop from the second quarter, but a 6% increase from the third quarter of 2023.

PV InfoLink says that Chinese solar demand will reach between 240 GW and 260 GW this year, while European demand will hit 77 GW to 85 GW.

CHN Energy has connected the 3 GW Mengxi Lanhai solar facility to the grid after 14 months of construction. The project in Ordos, Inner Mongolia, required a total investment of approximately CNY 12 billion ($1.6 billion).

China Huaneng has kicked off a 15 GW solar panel procurement round, drawing participation from China’s largest PV module manufacturers.

PowerChina has launched a 52 GW procurement plan for 2025, which includes solar modules, inverters, and 16 GW of energy storage systems.