Djamel Eddine Mansour, Product Manager at JA Solar, will present ‘DeepBlue 5.0: Elevating Performance, Reliability, and Value’ tomorrow, Day 3 of the TaiyangNews High-Efficiency Solar Technologies 2025 Conference. The Conference continues its focus on TOPCon technology.
Join us to hear from global leaders shaping the future of high-efficiency PV and the next leap in solar manufacturing.
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PV encapsulant film manufacturer Tianyang New Materials (JCC) is shelving its plans for 3 major encapsulant film production facilities. In 2022, the company raised RMB 986.50 million via a private placement to develop 3 PV film facilities in Kunshan (150 million m²/year), Hai’an (150 million m²/year), and Nantong.
These projects were postponed earlier in May 2025. However, in its latest announcement in December, the company stated that persistent low module prices, industry-wide overcapacity, and long-term losses in its film business have made continued investment unjustifiable. As a result, all 3 projects will be fully cancelled.
Notably, JCC also revealed that it will gradually wind down its PV encapsulant segment, reallocating remaining raised funds toward new business initiatives.
In May 2025, the company had postponed the 3 projects (see China Solar PV News Snippets).
PV quartz crucible producer Ojing has decided to delay one of its key expansion projects. In 2023, the company raised a net RMB 463 million through convertible bond issuance to fund Phase I and Phase II of its quartz crucible project for CZ mono-silicon in Ningxia, as well as a semiconductor crucible project.
As of the end of November 2025, Phase I in Ningxia is complete, while construction on Phase II has yet to begin. The company had already announced a delay in this project earlier this year (see China Solar PV News Snippets).
According to the latest announcement, the company will postpone Phase II to better manage its capacity expansion pace and optimize the use of raised capital, avoiding excessive fixed-asset investment amid cyclical volatility in the PV sector. The expected completion date has been moved from the end of 2025 to December 31, 2027.
Zhejiang Province has released the results of its mechanism tariff auction, selecting 14 centralized PV projects. The awarded projects represent 1.357 billion kWh of mechanism electricity, with a fixed tariff of RMB 0.3929/kWh for a term of 12 years.
According to the province’s earlier auction notice, eligible projects must reach full-capacity commissioning between June and December 2025. The total available mechanism electricity for PV was 1.474 TWh, with a bidding price range of RMB 242-393/MWh.
A new policy jointly issued by the Guizhou Development and Reform Commission and the provincial Energy Administration states that starting in 2026, all wind and PV electricity in the province will, in principle, be traded through the power market. The document has divided renewable projects into 2 categories.
For existing projects commissioned before June 1, 2025, that have not entered medium- to long-term trading:
For projects at <110 kV, 100% of on-grid electricity qualifies for the mechanism.
For projects at ≥110 kV, 80% of electricity is eligible.
A uniform mechanism tariff of RMB 0.3515/kWh will apply until each project reaches 20 years of operation.
For new projects commissioned on or after June 1, 2025:
Up to 90% of electricity may be included.
Mechanism tariffs will be determined through competitive bidding, with PV bids allowed in the range of RMB 0.25 to RMB 0.3515/kWh and RMB 0.19 to RMB 0.3515/kWh for wind, both valid for a 12-year period.
