China installed 37.73 GW of solar in the first seven months of this year, according to official estimates. JinkoSolar said it is struggling to cope with power rationing in Sichuan province, while Shunfeng said it expects to record a hefty net loss for the first half.
Tongwei has won a contract to supply China Resources Power with 3 GW of solar panels, while Canadian Solar has revealed that it had a particularly strong second quarter.
通渭县暂时停止他们多晶硅产量in Sichuan due to high temperatures, while Yingli has completed a 5 GW N-type solar cell base in Hebei. Shangji, meanwhile, has revealed plans to build a massive wafer and solar cell factory in Jiangsu.
Deutsche Bank has revealed that China’s green finance market surpassed CNY 20 trillion ($2.9 billion) in value in the first half of 2022. Haitai Solar has listed shares in Beijing, while Shangji has revealed plans for a new polysilicon project in Inner Mongolia.
Canadian Solar has announced plans to invest in a new solar production base in Qinghai province, while Boamax Technologies has revealed that it will build a new heterojunction solar cell and module factory in Anhui province.
Daqo posted record revenue of CNY 16.3 billion ($2.3 billion) in the first six months of 2022, while Datang Group announced plans to build 5.58 GW of PV plants in China this year.
In other news, JinkoSolar is seeking to raise CNY 10 billion ($1.48 billion) to finance its capacity expansion plans and Trina Solar predicts strong profit growth for the first half of the year.
In other news, Shuangliang secured a large wafer deal from the Chint Group and Tongwei raised the prices of its solar cells.
The country added more than 30 GW of new PV capacity in the first half of 2022 and its cumulative installed solar power reached 340 GW at the end of June.
The Chinese government has revealed that the nation’s solar glass capacity has reached 64,000 metric tons per day, while State Grid Corp. of China has announced plans to allocate CNY 26.07 billion ($4.3 billion) for solar incentives.
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