Heng Sun, R&D Manager at LONGi, will be participating in the TaiyangNews Virtual Conference on Reliable PV Module Design on Thursday, November 6, 2025, sharing insights on the topic: High-Reliability HPBC 2.0 Back Contact PV Technology.
The TaiyangNews Virtual Conference on Reliable PV Module Design brings together experts to discuss how reliable PV module design and mass production can be achieved amid the pressures of rapid innovation and significant costs.
Registration for the event is free and can be done here.
Chinese President Xi Jinping attended the 32nd APEC Economic Leaders’ Informal Meeting in South Korea and delivered a speech titled ‘Jointly Creating a Sustainable and Better Future.’ Xi said that China will strengthen alignment between green development strategies across economies, promote the free flow of high-quality green technologies and products, accelerate the shift toward green and low-carbon development, and actively respond to climate change.
He noted that China has submitted its 2035 Nationally Determined Contribution (NDC) targets and will comprehensively implement a dual-control system on total carbon emissions and carbon intensity. China will also contribute funds to establish an APEC Sub-Fund for Digital and Green Transformation, continuing to advance clean energy and green transition initiatives.
According to China’s 2035 NDC, by 2035, the country aims to reduce total greenhouse gas emissions by 7%-10% from its peak level, increase the share of non-fossil fuels to over 30% of total energy consumption, and expand total wind and solar installed capacity to more than 6 times that of 2020 – targeting 3.6 TW. Forest stock volume is expected to exceed 24 billion m3, new energy vehicles will dominate new car sales, the national carbon emissions trading market will cover all major high-emission industries, and a climate-resilient society will be largely established.
Leading solar wafer manufacturer TCL TZE has received an upgraded ‘A’ rating in the latest ESG evaluation by MSCI, up from ‘BBB’ last year. The company attributed this improvement to its progress in green and low-carbon development, sustainable supply chain management, and responsible corporate governance.
TCL TZE states it has established an integrated model of ‘green manufacturing, green power supply, and green energy development’ that enables carbon reduction throughout the entire product lifecycle – from design and production to recycling. It has also published the Partner ESG Code of Conduct to promote low-carbon transformation across its supply chain, and embedded ESG principles into every aspect of corporate operations through a dedicated sustainability strategy and related policies.
In September, TCL Solar, the module manufacturing arm under TCL TZE, announced that its Wuhan distributed PV power has completed Phase II development of a carbon-inclusive project, generating verified carbon emission reductions of 6,141 tons (see China Solar PV News Snippets).
Releasing its Q3 and 9M 2025 financial results, integrated PV manufacturer JA Solar has reported revenues of RMB 12.90 billion for Q3 2025, down 24.05% year-on-year (YoY). The company recorded an adjusted net loss of RMB 1.17 billion for the period, compared to a positive RMB 224.59 million in the same period last year.
For the first 3 quarters (9M), JA Solar generated RMB 36.81 billion in revenue, a 32.27% YoY decline, while its adjusted loss widened by 480.95% to RMB 3.45 billion.
PV backsheet and encapsulation material manufacturer Jolywood reported a steep decline in performance in its Q3 2025 report, with revenue down 59.4% YoY to RMB 594.19 million, mainly due to falling prices across the solar industry value chain. The company recorded an adjusted loss of RMB 234.31 million, significantly higher than the RMB 12.39 million loss in the same period of 2024.
For 9M 2025, the company’s revenues totaled RMB 4.54 billion, down 53.35% YoY, while the adjusted net loss widened 164.43% to RMB 349.02 million.
Another integrated PV giant JinkoSolar reported Q3 2025 revenues of RMB 16.15 billion, representing a 34.11% YoY decline. The company posted an adjusted net loss of RMB 1.37 billion, compared to a profit of RMB 258.98 million in the same period last year.
For the first 3 quarters, cumulative revenues totaled RMB 47.99 billion, down 33.14%. The company reported an adjusted net loss of RMB 4.54 billion for the period, compared to a profit of RMB 476.42 million in 2024, marking a 1,053.61% decline.
Jinko Power, the power plant development and operation arm of Jinko Group, also experienced a business slowdown in Q3 2025. Revenue for the period was RMB 997.89 million, down 49.26% year-on-year, while adjusted net profit of RMB 179.86 million was a decline of 9.65% from the same quarter last year, although it remained positive.
For 9M 2025, the company’s cumulative revenues fell 19.73% YoY to RMB 3.12 billion, and adjusted net profit decreased 14.95% to RMB 242.83 million.
Solar cell and module producer Risen Energy reported revenues of RMB 10.47 billion for the first 3 quarters of 2025, a YoY decline of 29.76%. The company, however, significantly reduced its losses, posting an adjusted net loss of RMB 1.21 billion, down 30.44% from the previous year.
For Q3 2025, revenues totaled RMB 3.02 billion, with an adjusted net loss of RMB 354.42 million, showing a clear improvement compared to the RMB 672.44 million loss recorded in the same quarter of 2024.
HANGZHOU FIRST, a leading PV encapsulant manufacturer, reported continued weakness in Q3 2025. The company’s quarterly revenue was RMB 3.83 billion, down 13.18% YoY, while adjusted net profit declined 43.23% to RMB 181.22 million.
For the first 9 months of 2025, total revenues reached RMB 11.79 billion, decreasing 22.32% from last year, while its adjusted net profit dropped 48.29% YoY to RMB 630.05 million.