China solar

Announced solar PV manufacturing capacity across the globe has met the deployment levels suggested by the International Energy Agency towards 2030, but only 25% of the announced projects could be considered as committed, according to IEA's recent study.

China's PV module companies released their financial reports for 2022 and the first quarter of 2023 at the end of April, with some of the leading manufacturers posting strong performance.

Jinko Solar has posted an improved financial result for the first quarter of 2023, as its net income attributable to ordinary shareholders increased by 18.6% quarter-on-quarter.

TCL Zhonghuan has made a series of announcements recently, including investing in a 25GW N-type TOPCon project, initiating a share buyback and releasing its operating data in the first quarter of the year, which reflected its new direction in the industry and confidence in high quality development.

The cumulative capacity of installed and commissioned PV increased by more than 25% last year, and reached about 1.2TW by the end of 2022.

Chinese module manufacturer Jolywood has claimed that it had achieved a power conversion efficiency of 26.7% for its n-type M10 (182mm) solar cell.

large scale solar PV plants are encouraged to be built in deserts, including Gobi, oil fields and coalfields that can hardly be restored. 

Comprising 14 production lines, the factory is expected to begin production on or before the end of October this year.

Huasun’s Himalaya G12 module has announced a certified output of 723.97W, with conversion efficiency reaching 23.3% certified by TÜV SÜD.

Solar inverter and solutions provider Solinteg is opening a new factory in the Chinese city of Wuxi that will add an initial 4GW of manufacturing capacity as the company aims to meet increasing demand for its products.