Huadian says it has connected the second phase of its 1 GW Tengger solar project to the grid in China’s Inner Mongolia region, while First Applied Material has extended the construction timeline for its Vietnam film encapsulation project to December 2025.
China Huaneng Group has obtained CNY 15 billion ($2.1 billion) in equity financing for its renewable energy subsidiary, Huaneng Renewables, from five major state-owned entities. The deal, the largest renewable equity financing transaction of 2024, will reduce financial pressures for Huaneng Renewables and support its wind and solar projects.
Trina Solar has achieved a world-record 27.08% efficiency rating for a new n-type fully passivated heterojunction (HJT) solar cell. The Institute for Solar Energy Research in Hamelin (ISFH) has verified the result.
SDIC Gansu New Energy has commissioned the 750 MW Akesai Huidong CSP-PV plant in Jiuquan, China’s Gansu province, combining a 110 MW concentrated solar power (CSP) tower and a 640 MW solar array to form China’s largest hybrid solar facility.
Deye, a Chinese inverter manufacturer, says it will invest $150 million to build a new production facility in Malaysia.
China Huadian and PowerChina have completed the world’s highest solar plant by altitude, a 100 MW facility in Tibet, paired with 20 MW/80 MWh of battery storage.
The China Securities Regulatory Commission (CSRC) has approved polysilicon derivatives to address rising price volatility and structural imbalances between supply and demand in the solar-grade polysilicon market.
TrendForce says silicon material and wafer prices stayed mostly stable this week, while Longi Green Energy has signed a strategic deal with China Energy Construction for green energy projects.
China Power Construction Corp. (PowerChina) says it has concluded the largest procurement tender in solar industry history, involving 51 GW of PV modules and 51 GW of inverters. The tender results, published on Nov. 13, set a new record for scale and industry involvement.
GCL Perovskite says it has obtained nearly CNY 500 million ($68 million) of funding from several Chinese investors to make perovskite-silicon modules.
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