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Home - Solar Industry - Chinese PV industry Letter: Solar Stocks Slide while American rates provide care
Solar Industry

Chinese PV industry Letter: Solar Stocks Slide while American rates provide care

solarenergyBy solarenergyApril 9, 2025No Comments2 Mins Read
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Chinese solar shares tumbled on 7 April after the US government had announced new rates, with more than 120 PV-related shares that fell and more than 85 fell by more than 10%. Analysts trivialized the impact, with reference to the limited role of the American market in the global demand for solar energy.

April 8, 2025
Vincent Shaw

Shanghai Stock Exchange

Image: 钉钉, Wikimedia Commons, CC BY-SA 4.0

Chinese Sun Shareels Fell sharply after the US government had announced mutual rates, with more than 120 PV-related shares in Shanghai and Shenzhen and more than 85 fell more than 10%. Longi, Tongwei and Ja Solar reached the daily limit of 10%, while stars on the market had to deal with steeply companies with steeper losses under a cap of 20%, including Canadian Zonne-Zonne-Energie (-12.16%), Risen Energy (-18.9%), Goodwe (-19%). In Hong Kong, where no trading limits apply, Xinyi Solar fell by 19.5% and GCL technology dropped 23.2%. Various companies announced in response to share purchasing. Industry experts told PV -Magazine That the sale can be exaggerated, the argument that the American solar market remains relatively small and it is unlikely that the global PV industry has a significant influence on the global PV industry. They said they would expect a delay in the American solar installations in 2025.

Trina Solar has signed a cooperation agreement with Datong County in Xining, the province of Qinghai, to develop a power plant of 200 MW/800 MWh Grid-Side energy storage. The project, which is being built in Beichuan Industrial Park, will cover approximately 67,000 square meters near the Huangjiazhai 330 kV under station. It will use the lithium iron phosphate battery container storage systems from Trina Solar, storage systems for batteries, PCs that stimulate integrated cabins, a booster station and other associated facilities.

See also  Report: Improving ROI on Customer Solar and Storage Projects by 2023

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