Even when taken in the context of the growing pessimism that has gripped China’s PV industry regarding 2019 demand since the middle of the year, the latest figures from the China Photovoltaic Industry Association (CPIA) are astonishing. More optimistic forecasts from earlier in the year have been downwardly revised, with installations headed for a “cliff edge” decline that could see demand fall by as much as 50% year on year. So, what exactly has taken place?

Dec. 3rd, 2019, Shanghai, Bloomberg New Energy Finance (BNEF) holds its annual conference, the BNEF Summit Shanghai 2019, in Ritz-Carlton Pudong. More than 300 experts of renewable energy industry from China and other countries of the world joined the meeting.

PV Magazine had an interview with Mr. Rongfang Yin, executive vice president of Trina Solar, about Trina’s business and view.

Huanghe Hydropower Development has started work on the first phase of a huge renewable energy project which will eventually feature 10 GW of solar generation capacity along with 5 GW of wind and 1 GW of concentrating solar power. Trina will supply 600 MW of modules to the first phase of the facility.

The China Photovoltaic Industry Association secretary-general has revealed the world’s biggest solar market is unlikely to add more than 30 GW of solar generation capacity this year after just 17.5 GW was installed to the end of October.

The PV manufacturer announced the development of the new solar panels, which feature new M12 series monocrystalline wafers, at a conference on Thursday in the Chinese city of Ningbo. The 50-cell modules are actually slightly bigger than 72-cell designs with 156.75 mm wafers, it said.

The Shaanxi-based solar manufacturer has made its 14th announcement this year of an intent to expand its ingot, wafer, cell and module output. Thus far – and we’re still three weeks short of year-end – the bill for the 112 GW of extra production spelled out in 2019 comes to a near $4.2 billion.

The 23.22% front-side efficiency of the 244.62 sq cm device – certified by Germany’s ISFH CalTeC – is another landmark for the Chinese manufacturer’s State Key Laboratory of Photovoltaic Science and Technology.

GCL and Canadian Solar provide further proof of the solar boom that is gathering pace around the world even as attention focuses on the Chinese market.

China General Nuclear Power Group is reportedly preparing to invest almost $2.5 billion into a huge solar project – plus 2 GW of wind turbines – in the autonomous province of Inner Mongolia. Local authorities say the massive project will be complete in 2021.

The mono giant has announced the latest aspect of a strategy to massively increase production capacity which is currently set to cost around $3.32 billion. Longi last week issued $710 million of new convertible bonds for investors.