Sungrow’s residential business division, Sungrow Residential Solar, has been awarded an AAA rating under the China Quality Certification Center’s (CQC) Distributed PV System Grading Certification. The company claims to be the first residential solar brand in China to receive this certification. Covering the entire process from design and equipment selection to installation, the certification introduces a collaborative mechanism involving investors, certification bodies, and insurers. Its results will be incorporated into insurance risk control systems, offering end-users both risk protection and financial support.
On the financial front, Sungrow recently reported 40.34% year-over-year (YoY) growth in operating income in H1 2025 (see Sungrow Power Posts Over 40% YoY Revenue Growth in H1 2025).
Perovskite solar startup Bilight Innovation, founded in 2023, has announced the completion of an angel investment round. Investors include a listed Japanese company and a Chinese state-owned investment institution, though the exact amount has not been disclosed. The company claims to have successfully produced what it describes as the world’s lightest, thinnest, and most flexible perovskite PV devices on its pilot line. These devices are reportedly only 0.1 mm thick, bendable, and rollable, suitable for curved surfaces, wearable devices, and aerospace applications. Bilight is now expanding its perovskite product portfolio for applications such as consumer electronics and BIPV.
Announcing its financial results for H1 2025, PV mounting system and tracker manufacturer Arctech Solar reported a 19.55% year-on-year (YoY) increase in revenues to RMB 4.037 billion ($563 million). Its net profits, excluding non-recurring items, declined 35.03% to RMB 141.2 million ($19.7 million). In its interim report, Arctech disclosed revenues of RMB 2.876 billion ($401 million) from its tracker system business and RMB 998 million ($139 million) from fixed-tilt systems, with shipments totaling 6.75 GW and 5.97 GW, respectively. As of the end of June, the company’s cumulative shipments exceeded 103 GW across more than 40 countries and regions worldwide.
Recently, Arctech announced its decision to terminate the 3 GW tracker manufacturing and demonstration base in Inner Mongolia (see China Solar PV News Snippets).
Energy project developer Gansu Electric Power Investment Group (GEPIC) is planning to invest RMB 40.887 billion ($5.70 billion) through its subsidiary in a 1 GW integrated solar and wind power project in Wuwei City, Gansu Province. Located in Nanhu Town, Minqin County of Wuwei City, the project will include 500 MW each of solar PV and wind power. Once operational, the solar project is expected to generate an average of 10,145.055 GWh annually, while the wind power portion is estimated to produce 10,992.1 GWh per year. The project has already received regulatory approval and a feasibility assessment, with a planned construction period of 24 months following commencement.
GEPIC is also part of the Qingyang ‘East-to-West Computing’ Industrial Park Green Power Aggregation Pilot Project in Gansu Province, which recently started construction (see China Solar PV News Snippets).
Juyuan Technology, a glass and building materials manufacturer, is nearing completion of its deep-processing project for refined quartz sand in Qiannan District in Guizhou Province, with an annual capacity of 1 million tons. The RMB 400 million ($55.76 million) project, launched in 2023, is expected to begin phased commissioning between September and December. The refined quartz sand will mainly be supplied for solar glass and high-end glass manufacturing. Juyuan Technology also emphasizes byproduct recycling, noting that recovered byproducts will serve as raw materials for construction materials such as cement, ceramics, and aerated bricks.