Central & East Asia

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.

LONGi Solar said that wafer prices had continued to fall below the cost since the second quarter of the year.

Virtual Power Plants (VPPs) have emerged as a novel energy management solution, offering an effective means to address energy supply issues.

Tech giant Microsoft has signed agreements with RenNew in India and EDP Renewables in Singapore to secure 637.6MW of solar PV energy in Asia.

Several Chinese provinces have suspended the approval of new distributed PV projects amid concerns over available grid capacity.

India’s cumulative installed solar capacity stood at 87.2GW by the end of June 2024 and accounts for 19.5% of all power capacity installed.

CGN has commissioned a 400MW offshore floating solar project in Laizhou Bay, China's first large-scale deep-water offshore solar project.

Net revenues for the quarter (for both CSI Solar and Recurrent Energy, the manufacturing and project development businesses) were US$1.6 billion, a 23% increase from US$1.3 billion in Q1.