The National Climate Center (NCC) and the Global Energy Interconnection Development and Cooperation Organization (GEIDCO) jointly released the 2026 Forecast of Global Wind, Solar, and Hydro Power Generation Potential.
Globally, the report projects an average of 2,310 wind power generation hours in 2026, a slight decrease from 2025. However, total wind generation capacity is expected to increase by 6%, driven by growth in installed capacity. Solar power generation hours are forecast to increase slightly from 2025 to around 1,340 hours in 2026, with total solar generation capacity projected to jump by about 25% due to capacity expansion. Hydropower generation capacity is expected to increase by around 7%.
In China, wind power generation hours are forecast at 2,100 hours, a slight decline from 2025, while total generation capacity rises by about 2%. Solar power generation hours are expected to remain flat at 1,320, while total generation capacity is projected to increase by approximately 25% due to installation growth. The report also anticipates increased hydropower generation in Northwest China and a possible decrease in the Southwest.
The 2025 list of Green Factories and Green Industrial Parks, recently released by the Ministry of Industry and Information Technology (MIIT), comprises 2,038 entries. These facilities feature high renewable energy utilization ratios and advanced green manufacturing systems, integrating digitalization with sustainability to reflect the highest standards and latest trends in China's green manufacturing transition. Numerous PV manufacturing enterprises had facilities selected for the list, including JA Solar, Tongwei, GCL, Trinasolar, LONGi, DAS Solar, AIKO, JinkoSolar, and SolarSpace.
PV cell equipment manufacturer Jiangsong Technology has withdrawn its Initial Public Offering (IPO) application to the Shenzhen Stock Exchange for a listing on the ChiNext board. Jiangsong planned to raise RMB 1.05 billion through this IPO, allocating RMB 278 million to a PV smart equipment production base and the remainder to an R&D center and a precision machining base for intelligent equipment (see China Solar PV News Snippets).
According to its prospectus, the company’s revenue climbed from RMB 807 million to RMB 2.02 billion between 2022 and 2024, while net profit attributable to the parent company grew from RMB 88 million to RMB 187 million. As of the end of June 2025, the company held an order backlog of RMB 2.49 billion.
According to a recent announcement, energy storage and battery manufacturer Gotion High-tech plans to raise up to RMB 5.0 billion via a private placement of shares to fund multiple manufacturing facilities. The proceeds will be allocated as follows: RMB 1.0 billion for a 20 GWh new energy battery base in Wuhu, Anhui Province; RMB 1.0 billion for a 20 GWh advanced lithium-ion battery smart manufacturing base in Nanjing, Jiangsu Province; and the remaining funds for a separate 20 GWh battery project and supplementary working capital.
In August 2025, Gotion won China Electric Equipment Group’s tender, securing orders for 700 MWh of energy storage under the 314 Ah category (see China Solar PV News Snippets).
Electronic component manufacturer Yihua Group (brand name: CTZ), which planned to expand into PV manufacturing, has announced a delay in the buildout of its PV Tracker Core Component Production Base in Yueqing, Zhejiang.
Originally scheduled for commissioning in April 2026 with a total planned investment of RMB 374 million, the company had utilized about RMB 220 million (58.99% of raised funds) for the manufacturing base by December 31, 2025. Citing weak infrastructure conditions surrounding the site and slower-than-expected progress, the company decided to extend the completion deadline to December 2026.
