Central & East Asia

The PV industry is set for a humbling 2025, with the current manufacturing downturn expected to extend well into 2026.

India has called for comments on its proposed addition of cells to its Approved List of Models and Manufacturers (ALMM).

Special funding for certain states could complicate other incentive schemes, while a ten million household rooftop PV scheme faces challenges.

JA Solar has supplied 1.1GW of modules for two animal husbandry and what it calls “PV complimentary” projects in the Latuo County of Tibet.

Indian energy conglomerate Jakson Group will invest US$240 million to establish a 2.5GW solar cell manufacturing facility in India. It will also expand its module assembly capacity to 2GW.

Toyo Solar has announced plans to build a 2GW module manufacturing plant in the US, which it plans to commission next year.

Reliance Industries is on track to open solar and battery storage production facilities by the end of this year and next, respectively.

According to Bernreuter Research, Tongwei Solar, GCL Technology, Daqo New Energy, and Xinte Energy all posted net losses in H1 2024.

Trina Solar has published its results for the first half of 2024, which include module shipments of 34GW and total revenue of US$6.05 billion.

Major Chinese solar manufacturer JinkoSolar has posted increased sequential shipments and revenues in its Q2 2024 results.