China Datang's 100 MW PV project in Rongan County, Guangxi, has been fully grid-connected, utilizing AIKO's ABC modules exclusively. The high power density of these modules benefits this project, which is located in a mountainous area with complex terrain and vegetation, according to AIKO. It adds that they saved nearly 30% of planned land usage, reduced BOS costs, and lowered LCOE by 3% compared to traditional solutions. These modules feature a temperature coefficient of -0.26%/°C and shading-optimization functions that enhance power generation and system reliability in hot, humid, and partially shaded environments.
In January, as part of its financial results forecast, AIKO announced that its ABC module shipments more than doubled in 2025 (see China Solar PV News Snippets).
Chinese energy developer Shenergy plans to issue convertible bonds for a maximum of RMB 2.0 billion to fund renewable energy projects. Mainly, it plans to allocate RMB 460 million of the proceeds to an offshore PV project in Shanghai, which has a total investment of RMB 3.90 billion. The project features an installed capacity of 499.5 MW (AC) / 703.46 MWp (DC) and is projected to generate an average of 828.64 million kWh annually over a 25-year operational period.
The remaining funds will support the construction of a 1.35 GW wind power project and supplement working capital.
Chint Group, the parent company of Astronergy, announced that its holding subsidiary, Taizhou New Energy, plans to set up a residential PV fund through a limited partnership. The fund aims to reach a total of RMB 1.0 billion. Taizhou New Energy will contribute RMB 150 million, with the majority of the capital (60%) provided by state-owned platforms, including Gaoyou Xingqu Construction Co., Ltd. The fund will focus on the residential PV sector, targeting equity investments in distributed PV projects developed by Chint Energy (also known as Chint Anneng), the residential platform under Chint Group.
SPIC’s Chongqing branch has established the country's first ‘rollover-type’ quasi-REITs for residential PV assets (Yutai Phase II), setting a record low issuance interest rate of 2.23% for the quasi-REITs market in 2026. The offering was oversubscribed 2.765 times, raising RMB 1.31 billion in low-cost equity funds. The underlying assets are managed by Yutai New Energy, the branch's specialized platform, which currently oversees a nearly 4 GW residential PV portfolio.
In October 2025, Guangdong Energy Group announced its subsidiary Guangdong Wind Power Co., Ltd. will launch a Green Asset-Backed Special Plan (quasi-REITs) for new energy infrastructure investment (see China Solar PV News Snippets).
Solar cell and module manufacturer EGING PV announced that its creditors have applied for corporate restructuring due to the company's failure to pay maturing debts and apparent lack of solvency. The Changzhou Intermediate People's Court has approved the company's pre-restructuring registration and that of its subsidiaries, though there remains uncertainty about the formal commencement of restructuring procedures.
EGING PV warned that its stock will be subject to a delisting risk warning (*ST). According to its FY2025 financial results forecast, the company expects an adjusted net loss of RMB 447.5 million to RMB 597.5 million, with net assets projected to be negative (RMB -68 million to -130 million) at the end of 2025.
