Solar cell and module supplier DAS Solar has retained its position on BloombergNEF's Tier 1 PV module manufacturer list for Q1 2025. The company says this reflects its strong technological advancements and market presence. It adds that its TOPCon 4.0 Plus cells have surpassed 26.7% efficiency, with next-generation developments underway.
DAS Solar has expanded its presence through its subsidiaries in Germany, Australia, and Japan, and has multiple manufacturing bases across China. The company says it integrates ESG principles into operations, with several facilities achieving carbon neutrality.
Recently, DAS Solar topped the list of shortlisted candidates for the second batch of China Three Gorges Corporation’s 2024 solar module procurement (see China Solar PV News Snippets).
AIKO has released field performance data from 3 pilot solar power plants in Gansu, Jiangsu, and Guangdong. The results show that n-type ABC dual-glass modules achieve a cumulative per-kilowatt energy yield gain of 1.51% to 3.96% over TOPCon modules.
The specific findings for each project are as follows:
Gansu Project: Located in Tianshui City, Gansu Province, with an annual irradiation of 1,625.6 kWh/m2, this pilot project was conducted on an unshaded rooftop. Over 96 days, AIKO’s n-type ABC dual-glass modules recorded a cumulative per-kilowatt energy yield gain of 1.75% and a cumulative per-unit-area yield gain of 7.4% compared to TOPCon dual-glass modules.
Jiangsu Project: Located in Changzhou City, Jiangsu Province, under partial shading conditions, the ABC modules achieved a cumulative per-kilowatt energy yield gain of 1.51% and a cumulative per-unit-area yield gain of 7.15% compared to TOPCon modules over 91 days.
Guangdong Project: A solar-fishery complementary project in Huizhou City, Guangdong Province. After 122 days, the ABC modules outperformed TOPCon in a humid, high-temperature bifacial power generation scenario, achieving a cumulative per-kilowatt energy yield gain of 3.96%.
AIKO Solar recently unveiled its ABC INFINITY Gen III series module, featuring an efficiency of 25% and up to 20 W higher wattage (see AIKO’s ABC Module - Making The Most Of Each Electron).
Reporting its earnings results for 2024, solar mounting system manufacturer Arctech announced that it achieved total revenues of RMB 8.97 billion ($1.24 billion) in 2024, up 40.42% year-over-year (YoY). The company’s net profit attributable to shareholders for the period rose 87.6% YoY to RMB 647.31 million ($89.22 million), higher than its forecast last month (see China Solar PV News Snippets).
The company stated that strong demand for utility-scale solar projects, particularly in emerging markets such as the Middle East and Latin America, has driven its overseas business growth. Additionally, falling steel prices and Arctech’s strategic shift toward in-house manufacturing of tracker system components contributed to the simultaneous increase in revenue and net profit.
In a separate announcement in January, Arctech reported securing new orders worth RMB 1.03 billion ($141.76 million) from January 1 to January 23, including RMB 756 million ($104.15 million) in tracker system orders.
Solar paste maker Fusion has released its 2024 financial results, reporting total revenue of RMB 12.51 billion ($1.72 billion), a 21.61% increase YoY. However, the company’s net profit attributable to shareholders declined by 5.24% to RMB 418.91 million ($57.71 million). The company attributed the decline to increased competition in the downstream solar cell sector leading to an industry-wide reshuffling. Additionally, slower-than-expected payments from some customers resulted in increased provisions for bad debt, impacting overall profitability.
At the recent TaiyangNews High-Efficiency Solar Technologies Conference 2024, Fusion New Materials’ Jasmine Chen discussed the company’s latest low silver content paste offerings (see Optimizing Costs In HJT: Low Silver Content Paste Solutions).
The National Energy Administration (NEA) has released data on newly registered renewable energy projects (excluding residential solar) for January 2025. A total of 30,657 new renewable energy projects were recorded, including 86 wind power projects and 30,567 solar power projects. Among the solar projects, 144 were utility-scale projects, while 30,423 were distributed solar projects.
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