china

Clean energy manufacturing – led by solar PV expansions – accounted for 4% of global GDP growth in 2023, according to a new report from the International Energy Agency (IEA).

The price of polysilicon continues to decline, in some cases below production costs, prompting a wait-and-see attitude within the PV industry.

Major Chinese module manufacturer Trina Solar shipped more than 65GW of modules in 2023, growing its revenue by over 27% in 2022.

Chinese solar manufacturer Huasun has reported “record-breaking” efficiency figures for its mass-produced heterojunction technology (HJT) solar cells.

Major Chinese polysilicon producer Daqo New Energy has posted a decreased financial results for the fist quarter of 2024 as the wafer sector faced pressure from accumulated inventories and negative margins.

Leading Chinese module manufacturer JinkoSolar has published its financial results for the first quarter of 2024, which include over 21GW of shipments and total revenues of RMB23.04 billion (US$3.19 billion), a slight year-on-year (YoY) fall.

An increase in solar module prices is “hard to imagine unless there is a massive shortage in supply”, according to PV Tech head of research Finlay Colville.

Enertrack talks about its expansion in the Middle East, the impact of the fall in module prices, and the future of the tracker industry.

DNV forecasts that China will more than quintuple its renewable energy installations by 2050 in its latest report.