Vincent Shaw

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.

Tongwei has initiated due diligence on its CNY 5 billion ($691.8 million) bid to acquire Chinese solar maker Runergy, aiming to secure at least 51% of its equity. The deal, which would be the largest in the PV sector this year, remains subject to changes or potential termination.

JA Solar says it has launched a hydrogen business with the establishment of JA Hydrogen, a new unit based in Beijing with CNY 100 million ($13.8 million) of registered capital.

China has reduced the export tax rebate for solar products, lowering refunded taxes for Chinese PV exporters and eating into their profit margins. The move might force some companies to increase export prices to mitigate potential financial losses.

Trina Solar says it has achieved a record efficiency of 26.58% for a tunnel oxide passivated contact (TOPCon) solar cell. The Chinese manufacturer says Germany’s Institute for Solar Energy Research Hamelin (ISFH) has independently verified the result.

China has tightened investment rules for PV manufacturing, raising the minimum capital ratio for starting projects from 20% to 30%, according to new standardized guidelines announced by the government.

China’s National Energy Administration (NEA) says developers installed 181.3 GW of new PV capacity from January to October 2024, including 20.42 GW in October alone.

PowerChina has unveiled plans for a 300 MW offshore PV pilot project in the Bohai Sea, using advanced solar panels designed to endure extreme marine conditions.