China Solar PV News Snippets: BOE Announces 4 Perovskite Efficiency Records & More

Tianyang New Materials fully exits PV encapsulation film business; China module exports up 11% YoY in 10M 2025; Shandong to launch new mechanism-based price auction.
BOE announces 4 records in perovskite efficiency
BOE has announced achieving 4 records in the perovskite field.(Photo Credit: BOE)
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BOE announces 4 records in perovskite efficiency

Semiconductor display technology leader BOE has announced that it has achieved 4 records in the field of perovskites. According to certifications, BOE’s small-area perovskite cell device reached a stabilized efficiency of up to 27.37%. In addition, a 2.88 m² rigid perovskite module produced on its pilot line achieved an output power of 579 W and a full-area efficiency of 20.11%, which the company claims ranks it first in the industry for large-area single-junction perovskite devices.

BOE also reported achieving 21.39% efficiency for flexible perovskite modules on its laboratory line, as well as 16.6% efficiency and 433 W output on its pilot line. The company stated that this represents the industry’s largest-area and highest-power flexible perovskite module to date.

At a media briefing held earlier this week, BOE management further disclosed that the company has completed shipments of core equipment for its first commercial flexible perovskite production line, covering key processes such as cleaning, RPD, PVD, and coating.

Earlier this year, at SNEC 2025, BOE announced that its perovskite BIPV full-scene demonstration project won the first Photovoltaic Building Evaluation Certificate (see China Solar PV News Snippets).

Tianyang New Materials fully exits PV encapsulation film business

Solar PV encapsulation materials manufacturer Tianyang New Materials (Brand: JCC) announced it will fully discontinue its PV encapsulation film business. The company will completely shut down production at 4 PV film manufacturing bases, including 3 projects that had already been terminated under fundraising investment plans and one non-fundraising project (see China Solar PV News Snippets).

In its announcement, the company attributed the decision to continued losses due to persistently low PV module prices, industry-wide overcapacity, and intense price competition. In 2024, the PV film segment earned RMB 629.12 million, accounting for 48% of the company’s revenue, but recorded a net loss of RMB 240 million. By 2025, the revenue contribution of this segment had fallen to below 30%. Following the shutdown, Tianyang New Materials will refocus its business on hot-melt adhesives, electronic adhesives, and other non-PV segments.

InfoLink china module exports
According to InfoLink PV Consulting, China’s cumulative module exports for 10M 2025 increased 11% year-on-year to 226.45 GW.(Photo Credit: InfoLink Consulting)

China’s 10M 2025 solar module exports rise 11% YoY

According to the latest analysis by PV consultancy InfoLink Consulting, China exported approximately 20.29 GW of solar PV modules in October 2025, down 24% month-on-month from September, but up 17% compared with 17.34 GW in the same period last year.

From January to October 2025, China’s cumulative module exports reached about 226.45 GW, representing an 11% year-on-year (YoY) increase from 204.11 GW in the same period of 2024. By destination, exports to Europe totaled around 91 GW, up 8% YoY; exports to the Asia-Pacific region reached about 69 GW, up 18%; shipments to the Americas amounted to roughly 26 GW, down slightly by 4%; exports to the Middle East stood at about 25.6 GW, up 2%; and exports to Africa reached approximately 14.17 GW, surging 57% YoY.

Shandong to launch new round of mechanism-based price auction for renewable projects

Shandong Province has released a notice on a new round of mechanism-based electricity price bidding for renewable energy projects. The bidding will be open to wind and solar projects scheduled to come online between June 1, 2025, and December 31, 2026, and which have not previously secured mechanism-based pricing.

The total mechanism-based electricity volume available in this round is 17.174 billion kWh, including 3.946 billion kWh for solar PV projects, with a bidding price range of RMB 0.123-0.35/kWh, and 13.228 billion kWh for wind power projects, with a bidding range of RMB 0.094-0.35/kWh. The awarded mechanism-based electricity prices will apply for a duration of 15 years.

In the previous bidding round, Shandong allocated 1.248 billion kWh of mechanism-based electricity to PV projects, involving 1.27 GW (AC) of installed capacity, with a mechanism-based price of RMB 0.225/kWh applied for 10 years.

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