Solar cell and module manufacturer DAS Solar has received a Platinum rating in the latest assessment by sustainability rating agency EcoVadis. The company, with scores ranging between 81 and 85 for Environment, Labor & Human Rights, Ethics, and Sustainable Procurement, advanced to Platinum from a Silver rating previously (see China Solar PV News Snippets).
DAS Solar stated that this places it among the top 1% of companies globally across all EcoVadis evaluation metrics. It also claims to be one of only 2 companies in the global solar industry to hold the Platinum rating. The company said it has established a compliance management system covering the entire value chain, integrating key elements such as anti-corruption, data privacy protection, and supply chain transparency. It has also introduced digital tools to enable dynamic risk monitoring, ensuring systematic and closed-loop ESG governance.
Inner Mongolia Power Trading Company has announced that it has completed the first full market-based settlement for new energy power prices. This transaction is said to be China’s 1st regional implementation of full market-based settlement for new energy. A total of 12,561 new energy projects entered the market, all participating based on ‘accepting market-determined prices’. In July, Inner Mongolia’s multilateral power trading market settled 1.44 billion kWh of power under the mechanism, with a settlement price difference totaling RMB 120 million ($16.67 million). The overall average settlement price for newly added distributed, decentralized, poverty-alleviation, and solar thermal new energy projects was RMB 316/MWh ($43.89/MWh), representing an increase of RMB 33.1/MWh ($4.60/MWh) compared to the benchmark mechanism price.
Adhesive manufacturer Huitian New Material, active in solar, automotive, and electronics sectors, released its H1 2025 financial results. For the first 6 months of 2025, the company reported operating revenues of RMB 2,168.47 million ($301.18 million), up 7.72% year-over-year (YoY). Renewable energy product revenues totaled RMB 768.34 million ($106.71 million), down 17.91% YoY. Despite this revenue decline, the company reported that its photovoltaic adhesive sales increased by about 9.3% YoY. Net profit attributable to shareholders reached RMB 142.51 million ($19.80 million), up 4.18% YoY.
In December 2024, Huitian announced that its 44,000-ton annual production line for solar PV silicone sealants had completed equipment installation, debugging, and trial production (see China Solar PV News Snippets).
PV and semiconductor equipment manufacturer Zhejiang Shenglin Yijia (SEMRISE) has completed an RMB 80 million ($11.11 million) Series A equity financing, with investors including the AVIC Group’s Huixin Industrial Fund. The company plans to use the proceeds to further iterate and upgrade its existing product lines in semiconductors and perovskite photovoltaics, as well as to support R&D and innovation of next-generation products. Founded in 2022, SEMRISE focuses on vacuum thin-film deposition equipment for the PV and semiconductor industries. Its key PV equipment portfolio includes large-area perovskite solar cell vacuum evaporation systems, ALD, and RPD tools.
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