Peter Fath, CEO of RCT Solutions, will be the keynote speaker at the TaiyangNews Solar Technology Conference 2026 (STC.I 2026) in New Delhi. Scan the QR code for more information. (Photo Credit: TaiyangNews)
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China Solar PV News Snippets: TaiyangNews Solar Technology Conference India 2026 On Feb 5-6 & More

Ojing suspends production, FY25 loss narrows; CGN signs 1.5 GW multi-energy project in Yunnan; China green power trading up 38.3% in 2025; Ancai Hi-Tech, Hoymiles, Shuangliang Eco-Energy forecast loss.

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RCT Solutions CEO Peter Fath to deliver Keynote Address at STC.I 2026

We are happy to announce that Peter Fath, CEO of RCT Solutions, will be the keynote speaker at the TaiyangNews Solar Technology Conference 2026 (STC.I 2026) in New Delhi.

A veteran of the solar industry with 30+ years of experience, Fath specializes in setting up vertically integrated solar factories globally. Having engineered over 73 GW of capacity, he is currently a key strategic advisor to the Indian solar manufacturing sector, helping build a resilient local supply chain.

STC.I 2026 is a technology-focused physical conference covering the full PV manufacturing value chain – from silicon to modules, including research, factory design, processing equipment, and bill of materials.

Seats are limited, and Midway Bird registration ends today, January 27, 2026. Secure your ticket at the best price here.

Ojing suspends production at subsidiary to stem losses

PV quartz crucible manufacturer Ojing announced that it has decided to fully halt production at its wholly-owned subsidiary Tianjin Ouchuan and partially suspend production lines at Yixing Ouqing. The company stated it has taken this decision to reduce losses and protect shareholder interests. Both subsidiaries specialize in processing used silicon wafer cutting fluids for recycling.

Ojing explained that due to supply-demand imbalances and severe competition in the PV supply chain, downstream demand for cutting fluid treatment services has dropped significantly. Future resumption of production will depend on market dynamics.

Concurrently, Oujing released its FY2025 financial results forecast, estimating an adjusted net loss of RMB 246 million to RMB 306 million, an improvement over the RMB 530.21 million loss reported in 2024.

CGN signs 1.5 GW multi-energy project in Yunnan

A subsidiary of major power developer China General Nuclear Power Group (CGN) has officially signed a strategic cooperation agreement with the Yuanjiang County Government in Yuxi City, Yunnan Province. According to the agreement, the 2 parties will jointly develop an integrated hydro-wind-solar multi-energy complementary project with a total planned capacity of 1.5 GW.

Previously, in 2024, CGN connected a 200 MW photovoltaic project to the grid in Yuanjiang. Upon implementation of this newly signed 1.5 GW project, CGN's total installed renewable energy capacity in the county will reach 2.82 GW.

China’s green power trading volume surges 38.3% in 2025

The National Energy Administration (NEA) released national power data for December 2025, reporting a monthly total power market trading volume of 608 billion kWh, up 6.6% year over year (YoY). Of this, green power trading accounted for 31.7 billion kWh, up 32.3% YoY. For the full year of January through December 2025, the accumulated national power market trading volume reached 6,639.4 billion kWh, a 7.4% increase from the previous year. This volume accounted for 64.0% of total electricity consumption, up 1.3 percentage points YoY. Total green power trading volume for the year stood at 328.5 billion kWh, marking a 38.3% increase.

In August 2025, NEA reported 25.6 billion kWh of green power transactions in China for 7M July 2025, up 43.2% YoY (see China Solar PV News Snippets).

Ancai Hi-Tech forecasts over RMB 600 million loss for FY2025

PV glass and float glass manufacturer Ancai Hi-Tech (ACHT) released its annual performance forecast for 2025, projecting an adjusted net loss of RMB 660 million to RMB 760 million. This represents a widening deficit compared to the RMB 417.65 million loss reported in the same period last year. The company attributed the downturn to 3 main factors: first, a supply-demand mismatch in PV glass capacity led to sharp price declines and reduced gross margins; second, the sluggish real estate market drove down float glass prices, exacerbating losses; and third, the company recorded asset impairment provisions.

Hoymiles expects to report a loss in FY2025 amid strategic transformation

Solar microinverter and energy storage manufacturer Hoymiles has forecast an adjusted net loss of RMB 163 million to RMB 193 million for FY2025, a pivot from the RMB 294.41 million profit recorded the previous year. The filing indicates the loss is primarily due to the company's firm strategic transition from a single-equipment supplier to a ‘comprehensive solar-storage solution provider’. Hoymiles states that it significantly increased investment in talent reserves, R&D, and localized sales networks during this process. Additionally, changes in product mix led to a decline in overall gross margins. Despite the loss, the company noted that revenue remained relatively stable and pledged to continue focusing on technical innovation to adapt to market changes.

In November 2025, Hoymiles reported an adjusted net loss of RMB 84.86 million for Q3 2025 (see China Solar PV News Snippets).

Shuangliang Eco-Energy expects up to RMB 1.15 billion loss

Solar wafer and module manufacturer Shuangliang Eco-Energy has projected an adjusted net loss of RMB 800 million to RMB 1.15 billion for FY2025 as part of its financial results forecast. This represents a significant narrowing compared to the RMB 2.22 billion loss the company reported in 2024. It claims that while the scale of new PV installations increased year-over-year, persistent price pressure across the entire supply chain, combined with fluctuations in raw material costs and provisions for fixed asset impairment, resulted in the operating loss.