Perovskite PV maker GCL Perovskite is leading the drafting of a group standard for single-junction perovskite solar modules for space applications. The Perovskite Industry Branch of the China International Association for Promotion of Science and Technology (CIAPST) organized the first drafting meeting, hosted by GCL Perovskite. The standard is intended to establish technical requirements and test methods for single-junction perovskite modules used in space, supporting their transition from technology validation to standardized, industrial-scale applications.
On the financial side, GCL Perovskite recently completed a Series D1 funding round of more than RMB 100 million, led by Jinxin Capital and other institutional investors (see China Solar PV News Snippets).
Consumer electronics company TCL Electronics plans to spin off its PV business, which includes TCL Photovoltaic Technology and SunPower, for a separate listing on the stock exchange. The company said the proposed spin-off would allow it to focus more closely on its global smart home appliance business while enabling the PV business to pursue an independent development strategy.
Note that TCL Electronics’ PV business is separate from TCL TZE (TCL Zhonghuan). TCL Electronics is part of the TCL Industries group, with its PV operations focused mainly on downstream distributed energy and services, while TCL TZE focuses primarily on PV manufacturing, including wafers, cells, and modules. The two businesses have industrial-chain and supply-chain synergies but operate under separate capital and listing platforms.
CdTe thin-film PV manufacturer Advanced Solar Power (ASP) has shipped a complete encapsulation production line for CdTe building-integrated photovoltaics (BIPV) to Italy. With its new supply-chain model, the company shifts from shipping finished modules to exporting individual glass substrates for local encapsulation. This could cut delivery times for customized BIPV orders in Europe from 3-4 months to less than one month while reducing international freight costs and breakage risks for large, non-standard modules.
ASP said it has also signed production-line procurement agreements with multiple partners in China and overseas. In July, the company announced plans to provide partners with its self-developed, localized complete CdTe PV building-material processing technology and encapsulation lines, together with turnkey support covering commissioning, process optimization, quality control, BIPV product development, project design, and marketing strategy (see China Solar PV News Snippets).
Energy storage manufacturer Sigenergy reported first-half 2026 revenue of RMB 9.87 billion, up 261.2% year on year, while net profit rose 201% to RMB 2.43 billion. Its solar-plus-storage series generated RMB 9.30 billion, accounting for 94.2% of total revenue and increasing 267.1% from the same period last year.
The company said Europe remained its largest market, contributing RMB 4.18 billion in revenue during the period. Asia-Pacific revenue totaled RMB 3.90 billion, up about 441%, while Mainland China revenue surged from approximately RMB 25 million a year earlier to RMB 1.30 billion. The company’s overall gross margin, however, declined to 40.5% from 51.9%, mainly due to higher raw-material costs and increased channel incentives.
Xinjiang’s regional economic planning authorities have issued a package of 14 measures to support renewable energy investment and improve utilization, as the region’s cumulative renewable capacity reached 180 GW by the end of July 2026. The ‘7+7’ policy package targets declining utilization rates by tightening project development requirements and accelerating construction of green-power and storage facilities.
The measures call for the clean-up of projects that have remained registered for one to two years without substantive construction, while newly registered projects must begin substantive work within three months. They also seek to accelerate green-power direct supply projects, concentrating solar-thermal plants and standalone energy storage projects under construction, while implementing capacity tariffs and regular dispatch mechanisms for new-type energy storage. On the consumption side, the package aligns with the national target of an 87% renewable utilization rate, requiring new energy-intensive silicon- and aluminum-based projects to meet mandatory green-power consumption ratios during energy-efficiency reviews.
