Tongwei Joins Three Major Global Renewable Energy Organizations at SNEC 2025

June 13, 2025

Tongwei, the photovoltaic industry's first Fortune Global 500 company, has joined three premier international organizations at #SNEC2025: Global Solar Council (GSC), IRENA Coalition for Action and Solar Stewardship Initiative (SSI). This strategic move reinforces our "Together to Win" mission and 43-year commitment to sustainable development. With 68 carbon footprint certifications, 23.965M MWh renewable energy consumption, and recognition as a UN Global Compact best practice case, Tongwei Solar is leading it.

cleanenergy, sustainability, cleantech

The Fall of a Solar Empire: Tungshu Group's $2.5 Billion Reckoning

June 09, 2025

Tungshu Group's solar industry ambitions once encompassed genuinely impressive scope and scale. In August 2010, the group launched construction of a solar industrial base in Jinzhou Longqi Bay New District, representing a total investment of $21.1 billion. The project envisioned 500-megawatt high-efficiency amorphous silicon thin-film solar cell production lines and 8 million square meters of ultra-white float TCO coating glass production capacity, with projected annual sales of $17.1 billion.

photovoltaic

Meyer Burger Shuts Down Arizona Solar Plant Amid U.S. Policy Uncertainty

May 30, 2025

Just 10 months after opening, Meyer Burger is shuttering its Goodyear, Arizona solar facility. 355 jobs lost. Millions in investment vaporized. The domino effect was swift and brutal: → Aug 2024: Election uncertainty kills Colorado expansion plans → Nov 2024: DESRI terminates 5GW supply contract (the facility's lifeline) → Jan 2025: Company posts 48% revenue decline, EBITDA losses balloon → May 2025: Arizona closure announced This isn't just about one company—it's a microcosm of what's happening across U.S. solar manufacturing as subsidy rollbacks loom. The paradox: While America talks energy independence, policy whiplash is decimating domestic solar capacity just as China dominates global production.

cleanenergy, sustainability, cleantech

JA Solar Partners with Golden Concord to Develop 4GW HBC Technology

May 12, 2025

JA Solar is entering the high-efficiency back-contact (BC) solar cell space through a smart partnership with GCL New Energy. The newly announced joint venture will produce 4GW of HBC photovoltaic cells, leveraging existing PERC manufacturing infrastructure combined with GCL's patent portfolio. Rather than taking equity, GCL will collect royalties based on the premium these cells command over TOPCon technology. This follows JA Solar's impressive DeepBlue 5.0 module launch earlier this year (670W with 24.8% efficiency!) and aligns perfectly with their "mass-produce one generation, reserve one generation, research one generation" innovation strategy.

photovoltaic, batterysafety, cleanenergy, sustainability, cleantech

Huamin Shares: Navigating the Solar Transition Amid 20 Billion Yuan Backlog and Improving Q1 Performance

April 29, 2025

Executive Abstract Huamin Shares (300345) presents a compelling case study in strategic photovoltaic market transition. Despite reporting a 298 million yuan loss for 2024, Q1 2025 results show promising signs with narrowing losses and positive gross margins. The company holds over 20 billion yuan in orders while navigating industry-wide price collapses and technological shifts from P-type to N-type silicon. Under new leadership from industry veteran Zhou Dan, Huamin is accelerating N-type production capacity in strategic locations. However, increasing debt ratios (85.37%) and reduced cash reserves (72.24 million yuan) create significant financial pressure as the company executes its ambitious transformation strategy in a consolidating market.

cleanenergy, sustainability, cleantech

Deye Technology Invests 2.1 Billion Yuan in 16GWh Energy Storage Production Facility

April 03, 2025

Deye Technology has announced a ￥2.1B investment in a 16GWh commercial energy storage facility. With operations in 110+ countries and 50%+ market share in South Africa, this strategic expansion positions Deye to meet growing global demand while supporting their projected 60%+ annual growth.

photovoltaic, sustainability, cleantech, energystorage

SOFARSOLAR Soars 244% in IPO Debut: Solar-Storage Powerhouse Emerges

April 02, 2025

Shenzhen SOFARSOLAR Co Ltd (301658.SZ) made a spectacular debut on Shenzhen's ChiNext board today. SOFARSOLAR's emergence as a global player (ranked in the top 10 for inverter shipments in 2023) demonstrates China's growing influence in the renewable energy space.

photovoltaic, solarpower, ipo, cleantech, renewableenergy

Xinyi Glass Invests $700M in Egypt's Suez Canal Zone

March 31, 2025

Xinyi Glass (00868.HK) has announced a $700 million investment to build a major photovoltaic glass production facility in Egypt's Suez Canal Economic Zone. This strategic move will produce 1.5M tons of PV glass annually, primarily serving European, Middle Eastern and African markets, while helping establish Egypt as a regional solar manufacturing hub. Despite industry-wide challenges of overcapacity and price competition, Xinyi continues its global expansion strategy with technological innovation at its core. Their pioneering "one furnace, multiple lines" process achieves 20% higher efficiency than industry standards.

sustainability, cleantech, cleanenergy, renewableenergy

The Fall of SolarEdge, the Photovoltaic Giant: Industry Warnings Behind the 13.1 Billion Loss

March 05, 2025

SolarEdge Posts $1.81B Loss, Hits Record Deficit SolarEdge reported a devastating 70% revenue drop in 2024 with margins plummeting to -97.3%. New CEO Shuki Nir remains optimistic despite implementing the company's fourth round of layoffs. Can this solar giant recover in 2025?

cleanenergy, renewableenergy, pv, solarenergy

Strategic Pivot: Why Global Energy Storage Giants Are Betting Big on Morocco

February 20, 2025

Why Are Companies Eyeing Morocco for Energy Storage? Natural Resources: Home to 71% of global phosphate reserves and significant cobalt and lithium, Morocco offers lower production costs for cathode materials. Strategic Location: Its proximity to Europe and 12 international ports ensures fast trade and access to key markets. and more... Morocco is becoming a key player in the global energy transition.

cleanenergy, renewableenergy, solarpower