Beijing, China
Image: Christian Lue, Unsplash
Powerchina has opened bidding for its first batch of 2025 purchasing of N-type topcon-zonne modules, with a total capacity of 3 GWP. Astronergy, Risen Energy and Ja Solar belonged to the successful bidders. All modules are N-Type Topcon. Although Powerchina has not announced definitive bid prices, industrial data suggest an average range of CNY 0.68 ($ 0.09) to CNY 0.72/W. The company said that the modules will mainly be used in its large-scale sunbases in the northwest of and North China, as well as in integrated projects for Zonne-Plus-Plus-Storage.
China South Glass Group (CSG Group) said that the board had approved plans to build a new photovoltaic glass production line in Egypt. The project will include one oven with five production lines that produce 1,400 tons per day of solar glass with solar energy, together with four supporting temperature and coating lines. The planned total investment is approximately CNY 1,755 billion. The company noted that the investment remains subject to approvals from government agencies.
Eging PV Said that all shares are in the hands of the controlling shareholder, Shenzhen Weizhi Energy, was sold through judicial auction and transferred, making the company without a controlling shareholder or actual controller. The financial results of EGING show that in the first half of 2025 it achieved the turnover of approximately CNY 1,181 billion, with 46.05% years after year and a net loss of approximately CNY 153 million.
Golden sun has released a draft restructuring plan. The company will issue 1.5 new shares for each held 1 share, which creates 261 million new shares of its capital reserve. These shares will be used to restructure investors. Ouhao Group, together with nominated industrial partners and designated financial investors, will invest CNY 1,804 billion in exchange for a conditional interest of 48.33 percent in the enlarged capital base of Golden Solar, or approximately 261 million shares. Corporate Records show that Ouhao Group is an industrial conglomerate with a core focus on production, in addition to services, with business interests that include home decoration, renewable power plants and on destination -based charging infrastructure.
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