China Solar PV News Snippets: TaiyangNews STC.I 2026 Kicks Off Tomorrow & More

CEC says solar to surpass coal in 2026; LONGi and NIO launch PV-storage-charging-swap project; Meinian Onehealth to acquire BAJ Solar; Shandong PV tariff rises; LEAD to list in HK; Yonz forecasts loss.
Executive Panel
Moderated by TaiyangNews’ Michael Schmela and RCT Solutions CEO Peter Fath, the panel on How to Choose the Right Strategy for Solar Manufacturing in India brings together a distinguished lineup of decision-makers. Scan the QR code for more information.(Photo Credit: TaiyangNews)
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STCI.2026 Countdown: 1 Day To Go

TaiyangNews Managing Director Michael Schmela and RCT Solutions CEO Peter Fath will be moderating a high-impact Executive Panel at the TaiyangNews Solar Technology Conference India (STC.I) 2026, where senior industry leaders come together to decode one of the most critical questions shaping India’s solar future: How to Choose the Right Strategy for Solar Manufacturing in India. Drawing from boardroom experience and on-ground execution, the discussion will explore strategic choices, risk-reward trade-offs, and pathways to sustainable competitiveness.

The panel brings together a distinguished lineup of decision-makers: Narayanaswamy Devendiran, CMO of Emmvee Group of Companies; Sudhir M Reddy, Chief Strategy Officer of Premier Energies; Hardip Singh, COO of Grew Energy; Balachander Krishnan, COO of Indosol Solar; and Omkar Jani, CTO of Reliance New Energy.

Join us for a sharp, insight-driven exchange grounded in market realities.

The 2-day physical event starts tomorrow at Pride Plaza, Aerocity, New Delhi. If you haven’t already, secure your ticket here.

CEC forecasts solar capacity to surpass coal in 2026

The China Electricity Council (CEC) has released a report analyzing and forecasting China's power supply and demand for 2025-2026. According to the report, China's total electricity consumption exceeded 10 trillion kWh in 2025, with non-fossil energy accounting for over 80% of newly installed generation capacity. Electricity consumption is now dominated by new energy, which became the primary source in 2025, with all-inclusive new energy sources (wind, solar, biomass) accounting for 97.1% of the total increase in electricity consumption.

In its 2026 forecast, the report projects newly installed capacity will exceed 400 GW, with new energy sources contributing over 300 GW. It also projects that cumulative solar power capacity will surpass coal power for the first time in 2026. By year-end, the combined installed capacity of wind and solar is expected to reach half of the total installed capacity, while coal's share will drop to approximately 31%.

LONGi and NIO launch integrated PV-storage-charging-swapping project
LONGi has partnered with EV maker NIO to launch an integrated PV-storage-charging-swapping project in Jiaxing, Zhejiang Province.(Photo Credit: LONGi)

LONGi and NIO launch integrated PV-storage-charging-swapping project

Leading integrated PV manufacturer LONGi has partnered with EV maker NIO to launch an integrated PV-storage-charging-swapping project in Jiaxing, Zhejiang Province.

Co-located with LONGi's global distributed R&D center, the facility integrates PV carports, PV walls, and PV noise barriers with a NIO battery swapping station. The project uses LONGi’s Hi-MO X10 back contact (BC) modules for the project, achieving 3-dimensional power generation coverage across rooftops and façades. The solar power generated by the system will supply clean electricity to the battery swap station.

In November 2025, LONGi’s Hi-MO X10 series lightweight module received TÜV Rheinland’s Grade AAA certification under the 2PfG 2992/08.24 standard (see LONGi’s Lightweight BC Module Earns TÜV Rheinland Certification).

Meinian Onehealth plans to acquire BAJ Solar

Releasing its FY2025 financial results forecast, solar cell and module manufacturer BAJ Solar estimates an adjusted net loss of RMB 780 million to RMB 1.08 billion for the period, widening from the RMB 641.52 million loss in 2024. The company expects its net assets at the end of December 2025 to be negative (RMB -900 million to RMB -600 million). BAJ Solar warns that its stock faces a delisting risk (*ST) if audited results confirm negative net assets after the annual report is released. The company is advancing its restructuring efforts amid a financial and debt crisis.

Meanwhile, Meinian Onehealth Healthcare Holdings Co., Ltd, a prominent health examination provider in China, announced plans to participate in BAJ Solar’s pre-restructuring to acquire control or become a shareholder. Meinian Onehealth stated this move aims to build a ‘Service + Hardware + Data’ model to expand its healthcare business chain. BAJ Solar filed for bankruptcy in September 2025 (see China Solar PV News Snippets).

Shandong solar mechanism tariff rises in latest auction round

Announcing the results of its latest renewable energy mechanism tariff auction, Shandong Province has revealed that it has shortlisted 15,033 PV projects. It involves a mechanism-electricity volume of 3.946 billion kWh at a price of RMB 0.261/kWh, an increase from the previous round's RMB 0.225/kWh.

In contrast, 44 wind power projects were selected for a total of 11.29 billion kWh at a price of RMB 0.31/kWh, representing a decrease from the previous RMB 0.319/kWh.

LEAD set to list on HKSE on February 11

PV and lithium battery manufacturing equipment supplier LEAD announced the official launch of its H-share public offering on the Hong Kong Stock Exchange (HKSE). The base size of the global offering is 93.616 million H-shares, comprising 10% for the Hong Kong public offering and 90% for international placement, with an overallotment option available. The maximum offer price is set at HKD 45.80 per share. Pricing is expected to be determined by February 9, with the official listing on the HKSE scheduled for February 11.

LEAD recently released its financial results forecast for FY2025, reporting strong growth in operating profit for the year (see China Solar PV News Snippets).

Yonz Technology forecasts up to RMB 208 million adjusted net loss for 2025

PV frame manufacturer Yonz Technology has released its financial results forecast for FY2025, projecting an adjusted net loss of RMB 148 million to RMB 208 million. This compares to a profit of RMB 181.82 million in 2024. The company noted that processing fees for domestic aluminum frames were pressured by phased adjustments in the PV industry, resulting in a year-over-year decline in gross margin. In addition, increased borrowings led to significantly higher interest expenses, while reduced government subsidies and asset impairment provisions further dragged down its operating performance.

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