News

U.S. Solar Giant Sunnova Announces 55% Layoff: Financial Bubble, Policy Pullback, and Industry Winter

published: 2025-06-06 18:03

On June 5, 2025, U.S. residential solar giant Sunnova announced it would lay off 55% of its workforce (around 718 employees) in a drastic effort to rescue its debt-ridden operations. This marks the company's second round of mass l... more

LONGi and Trina Respond: Capacity Expansion, Market Trends, and Strategic Deployment

published: 2025-06-05 14:38

On June 3, LONGi Green Energy released its investor relations activity record. Company directors including then-General Manager Li Zhenguo, CFO Liu Xuewen, and Independent Director Lu Yi participated in the meeting, addressing top... more

$6.5 Million Investment: Leading PV Company Plans to Build Overseas Factory

published: 2025-06-05 9:17

On May 30, Yingkou Jinchen Machinery Co.,Ltd., a leading photovoltaic (PV) equipment manufacturer, announced that it plans to establish a wholly owned Malaysian subsidiary, “Jinchen Malaysia,” through its wholly owned subsidiary J... more

Riyu Photovoltaic Plans Hong Kong IPO, Focusing on PV Silver Paste Manufacturing

published: 2025-06-03 15:49

On May 29, the official website of the Hong Kong Stock Exchange showed that Jiangsu Riyu Photovoltaic New Materials Co., Ltd. had submitted its listing application. Based in Wuxi, Jiangsu Province, Riyu Photovoltaic is a supplier ... more

Dasun Solar's 4.8GW HJT Cell + 7.2GW Module Project Nears Completion and Operation

published: 2025-05-30 16:33

Recently, Dasun Solar's official WeChat account announced that its Anji Intelligent Manufacturing Base project is nearing completion and will soon be operational. It's expected that Dasun Solar will complete project acceptance by ... more

120MW/480MWh! LG Energy Solution Secures Major Energy Storage Order in the U.S.

published: 2025-05-29 18:10

On May 26, LG Energy Solution's U.S. subsidiary, LG Energy Solution Vertech, signed a memorandum of understanding (MOU) with OCI Energy LLC and CPS Energy to jointly develop the Alamo City energy storage system project in Texas, U... more

100MWh! Meikesen Energy and Jinko Energy Storage Sign Strategic Cooperation Agreement

published: 2025-05-29 18:09

On May 28th, Meikesheng Energy and Jinko Energy Storage signed a strategic cooperation agreement for a 100MWh project. The two parties will deepen their collaboration in the industrial and commercial energy storage sector through ... more

Overseas Updates: Turkey Launches Anti-Dumping Probe Against China; Thailand Ends Investment Incentives for PV and Related Sectors... Turkey Launches Anti-Dumping Investigation Against Chinese Solar Junction Boxes

published: 2025-05-29 18:09

On May 25, 2025, Turkey’s Ministry of Trade issued Announcement No. 2025/8, initiating an anti-dumping investigation into junction boxes for solar panels originating from China, upon the request of domestic producers. The investig... more

153MW/612MWh! CALB Zhijiu Battery Powers the Largest Energy Storage Project in Africa

published: 2025-05-28 15:54

Recently, CALB provided high-performance energy storage cells for Africa's largest standalone energy storage system—the 153MW/612MWh Red Sands Battery Energy Storage Project in South Africa. The Red Sands project is located approx... more

LONGi Cancels 15GW Module Project to Invest in 12GW BC Cell Production

published: 2025-05-28 15:53

On May 27, LONGi Green Energy announced that, in order to enhance the efficiency of its raised fund utilization and accelerate the construction of advanced BC cell production capacity, the company plans to terminate the investment... more

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