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China's photovoltaic system will reach 500 GW milestone

  • August 21, 2023
China's National Energy Administration (NEA) reported that in July alone, China installed new photovoltaic systems with a total capacity of 18.74 GW. In the first seven months of this year, my country's new photovoltaic power generation capacity was 97.16 GW. As of the end of July, its cumulative photovoltaic installed capacity reached 491 GW.

Module makers LONGi, Tongwei, Das Solar, Risen Energy, Canadian Solar and Astronergy announced last week that they had agreed on a size standard for rectangular silicon wafers. The dimensions are 182.2 mm x 191.6 mm, and the diagonal length is 262.5 mm.

Panel maker Trina Solar has started building a 50GW silicon wafer factory in Huai'an, Jiangsu province.

Jiangsu-based Sunrev Energy Technology (Sunrev) has started production activities at its 10 GW TOPCon cell plant in Yangzhou, Jiangsu Province.

Xinte Energy reported unaudited revenue of 17.58 billion yuan ($2.46 billion) for the period ending June 30, 2023, an increase of 19.51% from the same period last year. The net profit attributable to shareholders of the listed company was 4.76 billion yuan (652 million U.S. dollars), down 15.28% from the same period last year. The company pointed out that its polysilicon sales volume and production capacity increased in the first half, but polysilicon material prices fell 32%, weakening the profit of polysilicon division.

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