Jinkosolar Said that global PV shipments increased by 19.2% year after year to 99.6 GW in 2024, but a steep fall in module prices drove sales by 22% to CNY 92.2 billion. The net profit fell 98% to $ 7.9 million, including a value reduction of $ 39.2 million after a fire in the Shanxi factory. The company said that the 2025 module is expected from 85 GW to 100 GW and aims to expand its annual production capacities for waffles, cells and modules in 2025.
JA SOLAR has signed an agreement with the German football club Borussia Dortmund to install the largest PV system on the roof of the stadium in Signal Iduna Park in the city of Dortmund. The project, planned for completion at late summer 2025, will contain more than 11,000 completely black PV modules, generating an estimated annual output of 4 GWH of 4 GWH and the carbon emissions is reduced by 1,800 tonnes per year.
The China Non -Ferrous Metal Industry Association (Cnmia) said that the strong demand for solar cells prior to the “5/31 Rush” increased silicon waffle prices. The prices for N-type G10L and G12R waffles rose 0.84% and 3.57% week a week, while the price of N-type G12 waffles remained unchanged. Wafer offer is expected to be 50 GW in March, with the price increases that are expected to continue until 31 May.
Trendforce The prices of the PV glasses have risen. The price of 2.0 mm coated glass reached 13.5 per square meter, an increase of 3.85%, while 3.2 mm glass rose by 7.14% to CNY 22.5 per square meter. Rear leaf glass saw the highest increase and climbed 8.7% to CNY 12.5 per square meter.
Canadian solar energy Inc. (CSI) said that the annual turnover in 2024 was $ 5.99 billion, with module readings of 31.1 GW and deliveries of energy storage system of 6.6 GWH. Towards the end of 2024, the production capacity of the company for ingots, waffles, cells and modules were 25 GW, 31 GW, 48.4 GW and 60.2 GW respectively. It said it expected the turnover of the first quarter of 2025 from between $ 1 billion and $ 1.2 billion and annual module readings from 30 GW to 35 GW.
China Huadian Corp. has started offering on a CNY 80 billion renewable energy complex in Qinghai’s Qaidam designer. The 19.24 GW project includes 5 GW wind, 10 GW solar pv, 100 MW solar -thermal, 2.64 GW coal and 1.5 GW battery storage, with infrastructure to support transmission and recovery of the environment.
Flat glass group said it registered a profit of CNY 1.02 billion before 2024, against CNY 2.76 billion in 2023. Sales fell to CNY 18.68 billion in 2024, compared to CNY 21.52 billion, the previous year.
Solargiga Energy Holdings Said it was a loss of CNY 227.1 million for the year ending on December 31, 2024, which reversed a profit from CNY 111.9 million in 2023. The decrease was attributed to overcapacity and intense price competition, with the turnover of CNY 7.19 billion in 2023 to CNY 3.71 billion in 2024.
Irico Group New Energy Said that it was a net loss of CNY 375.95 million for the year ending on December 31, 2024, deeper than the CNY 230.96 million loss last year, placed. Turnover amounted to CNY 3.28 billion, with results influenced by falling photovoltaic glass prices and assets disorders, although the glass prices are currently up.
