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Tongwei in top place to secure 3GW module tender from China Resources Power
Tongwei Solar, EGing PV and LONGi have been shortlisted as candidates for the 5th module purchase round of Hong Kong energy business China Resources Power.
Aug 30, 2022 // Manufacturing News, Markets & Finance News, Tongwei, China, Hong Kong, Asia, LONGi, module manufacturing, module supply deals, china resources poweregin, g photovoltaics
China's Hithium Launches New Energy Storage Battery Innovations at Energy Show
Hithium launched the 300Ah Prismatic Cell customized for electric energy storage which can accomplishing "no" loss in the initial 3 three years of use.
Hithium also launched the innovative 46mm large cylindrical cell featuring an innovative shape that results in a 10% decrease in battery expense as well as ultra-high safety and security requirements contrasted to normal prismatic cell.
Sep 26, 2022 // Storage, BATTERIES, ENERGY STORAGE, Energy Efficiency, Anaheim, Scott Wang, Xiamen, Xiamen Hithium Energy Storage Technology Co
China's Daqo obtains energy intake nod for brand-new polysilicon project
Xinjiang Daqo, a fully-owned device of Daqo New Energy Corp (NYSE: DQ), has actually gotten energy intake approval for its planned polysilicon projects in China's Inner Mongolia autonomous area.
Jan 7, 2022 // Manufacturing News, China, polysilicon, Asia, Daqo
China's JinkoSolar plans to invest USD 3.3bn to build new factories
The principal running unit of solar module maker JinkoSolar Holding Co Ltd (NYSE: JKS) has signed framework deals for two manufacturing cooperations in China that will certainly require a mixed investment of regarding CNY 20.8 billion (USD 3.27 bn/EUR 2.97 bn).
Mar 18, 2022 // Manufacturing News, Markets & Finance News, China, JinkoSolar, Asia
Building starts on globe's biggest solar energy hydrogen plant in China
China's Baofeng Energy Group claimed it began building and construction on the biggest solar-powered hydrogen pilot plant on the planet. The project will certainly utilize a 200-MW solar energy plant situated in the Northwestern area of Ningxia to make hydrogen by means of electrolysis.
Apr 28, 2020 // Plants, Large-Scale, Commercial, Solar to Fuel, China, Asia, hydrogen, Baofeng Energy Group
Chinese photovoltaic panel affiliate in California files bankruptcy, starts liquidating 400-MW plant
American manufacturing arm of China Sunergy Co., Sunergy California filed chapter 11 bankruptcy in January 2021, noting greater than $10 million in approximated
Oct 13, 2021 // Manufacturing News, Markets & Finance News, USA, North America, bankruptcy, Chine, CSUN
Masdar starts 1-GW solar project in Iraq
to be deployed by Chinese state-owned empire Power Construction Corp of China (Power China).
The three projects are anticipated to enter into
Jun 27, 2022 // Plants, Large-Scale, Commercial, Masdar, Asia, Iraq, Solar Project
Biden management to spend US$ 56m to support solar manufacturing
of financing for silicon-based items whose supply chain is mainly reliant of China as well as Southeast Asia.
Even more so as prices of polysilicon in
Jul 18, 2022 // Manufacturing News, Markets & Finance News, USA, perovskite, North America, Joe Biden, doe, Jennifer Granholm, cadmium
Risen shines: Manufacturer starts work on 2.5 GW cell and module factory
hurdle
The significant investment comes despite a decision by the China Securities Regulatory Commission in November to block Risen’s plans to raise
Aug 21, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, China, bifacial, Asia, Risen Energy, half-cut module, PV InfoLink, Merredin solar farm
JA Solar including 10,000 MT of monocrystalline silicon ingot ability
ability development news in 2020, right after a supply relisting in China at the end of 2019.
JA Solar had actually claimed in January 2020 that it had
Feb 25, 2020 // Manufacturing News, China, JA Solar, c-si manufacturing, Asia, monocrystalline wafer
Palisade packages 1 GW of assets right into new renewables platform
facility was acquired from Australia and New Zealand Banking Group, Bank of China, Commonwealth Bank of Australia, Industrial and also Commercial Bank of
Mar 29, 2023 // Plants, Australia, Oceania, Palisade
Shenzhen S.C. Invests in Perovskite Solar Cell Tech
will focus on the establishment of production facilities in Jiangsu province, China, with an annual production capacity of 160 PVD, 119 RPC, and 60 VEC equipment.
Jul 5, 2023 // Technology, Markets & Finance News, China, Asia, solar cell, perovskite, Shenzhen S.C.
Longi's Solar Job Cuts Signal Industry Turbulence
China's Longi Green Energy Technology Co., the world's largest solar manufacturer, is cutting almost one-third of its staff to reduce costs due to overcapacity and intense competition in the industry. The company plans to trim up to 30% of its workforce, which totaled about 80,000 last year. Longi began layoffs in November, primarily affecting management trainees and factory hires, as the solar sector struggles with excessive capacity and price pressures.The solar industry in China, which dominates global manufacturing, has faced layoffs and suspended investment plans recently. Longi, a leading wafer producer, had to cut prices significantly last year due to fierce competition. Despite financial pressures and job losses, the industry could see a rebound by late 2024 with consolidation and improved supply-demand balance. Longi, with substantial cash reserves, is well-positioned to weather the industry's challenges.
How is China's Longi Green Energy Technology Co. responding to solar industry challenges?
Longi Green Energy Technology Co. is cutting almost one-third of its staff to reduce costs in response to overcapacity and intense competition in the solar industry.
The company plans to trim up to 30% of its workforce, which totaled about 80,000 last year, with layoffs primarily affecting management trainees and factory hires.
Longi, a leading wafer producer, had to cut prices significantly last year due to fierce competition in the solar sector.
Despite financial pressures and job losses, the solar industry in China could see a rebound by late 2024 with consolidation and improved supply-demand balance.
Longi, with substantial cash reserves, is well-positioned to weather the industry's challenges and emerge stronger in the long run.
Mar 19, 2024 // Markets & Finance News, LONGi
Australia's Solar Sunshot: $1 Billion to Boost Domestic Production
domestic solar panel production, aiming to reduce reliance on imports from China. The Solar Sunshot program will provide subsidies and grants to increase
Mar 28, 2024 // Markets & Finance News, Australia, Oceania
Global PV Tracker Market Surges 28% in 2023
largest market, with PV Hardware leading shipments. The PV tracker market in China declined to 4.3 GW DC in 2023, with demand for fixed-tilt products outweighing
Jul 30, 2024 // Market Research, USA, North America, Array Technologies, Nextracker Inc













