All back contact solar module manufacturer AIKO’s Tianjin Base has been recognized for its Low-Carbon (Near-Zero Carbon Emission) Demonstration Construction Case. The company says this recognition makes it one of the first 13 ‘Typical Cases of Coordinated Pollution and Carbon Reduction’ in Tianjin City. Some of AIKO’s comprehensive carbon reduction system measures at this facility include:
Utilizing high-efficiency auxiliary production equipment and advanced energy-saving technologies, achieving industry-leading comprehensive electricity consumption levels in crystalline silicon solar cell processes.
Water resource consumption is approximately 50% lower than industry standards.
By recycling heat to preheat pure water in the texturing production line, the facility saves 6.5 million kWh of electricity annually, reducing carbon dioxide emissions by nearly 6,000 tons.
Over the past 2 years, the use of green electricity has resulted in a reduction of over 40,000 tons of carbon dioxide emissions.
In 2023, AIKO’s Tianjin base was named a national-level green factory.
Recently, field performance data from 3 pilot solar power plants showed that AIKO’s ABC modules achieved up to 3.96% energy yield gain over TOPCon modules (see China Solar PV News Snippets).
BAJ Solar's parent company, BAJ Holdings Group, has announced that its solar cell production line will be temporarily shut down for maintenance starting March 1, 2025. The suspension period is expected to last no more than 3 months.
According to the announcement, BAJ Solar has been operating at a loss since its inception and is unlikely to turn profitable in the short term. The temporary shutdown aims to reduce operating losses and prevent further capital expenditure.
In the first 3 quarters of 2024, BAJ Holdings Group reported revenue of RMB 628.11 million ($86.04 million), including RMB 475 million ($65.07 million) from its photovoltaic business. The group posted a net loss of RMB 274.96 million ($37.67 million) during the same period.
Perovskite maker Perovs has announced that it has delivered its intelligent perovskite thin-film solar module production line to an undisclosed Japanese client. This production line encompasses the entire module production process, from substrate loading and cleaning to functional film layer preparation, encapsulation, and testing, supporting the manufacture of ultra-large modules exceeding 2.8 m2. The company claims its manufacturing process ensures film quality and precision while accommodating large-area module production. The production line also supports tandem module production processes and is compatible with both rigid and flexible module manufacturing.
Inverter and energy storage product manufacturer GoodWe has released its FY2024 financial results. The company reported operating revenues of RMB 6.74 billion ($923.29 million), down 8.36% from FY2023. The company reported a net loss attributable to shareholders of RMB 63.15 million ($8.65 million), down 107.41% year-over-year (YoY). GoodWe cites several factors contributing to this profit drop. The substantial increase in residential PV system sales in China during the reporting period, albeit with lower gross margins, was a major contributor according to GoodWe. In addition, a sharp decline in the typically high-margin overseas sales of inverters and batteries also led to a reduction in overall gross profit. Thirdly, the company’s continued investment in research and development, coupled with the impact of foreign exchange losses, were also one of the major contributors to the drop in GoodWe’s net profits. contributing to the substantial decrease in net profit attributable to shareholders.
Chinese energy developer China Huadian has commenced construction on the Qaidam Golmud East Desert Base Power Project. The project leverages photovoltaic and wind power resources in the Qaidam Desert, Gobi, and waste areas of Haixi Prefecture, supported by coal power and electrochemical energy storage. With a total investment of RMB 80 billion ($10.96 billion), the project has a planned capacity of 19.24 GW, with 85% attributed to renewable energy installations. This endeavor represents China's largest "desert, Gobi, and Waste Area" renewable energy transmission base, marking the nation's largest planned construction capacity, total investment, and highest proportion of renewable energy among similar projects. It is also the country's first cross-provincial and cross-operating area renewable energy transmission base power project.
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