Articles

  • 6 days ago | pv-magazine.com | Vincent Shaw

    Aiko has introduced its latest solar module series, Navigator. Billed as an intelligent solar module, the company says Navigator resembles its existing N-type ABC module series but also features a “fully intelligent integration” that yields a 3% to 5% increase in annual output.

  • 6 days ago | pv-magazine-australia.com | Vincent Shaw

    Chinese-Canadian solar module manufacturer Canadia Solar has presented a new TOPCon solar modules series. The TOPBiHiKu6 CS6.2 modules are designed for utility-scale and commercial and industrial (C&I) applications and are set sold from August, the company said in a statement.

  • 1 week ago | pv-magazine.com | Vincent Shaw |Valerie Thompson

    Tongwei posted a net loss of CNY 7.04 billion ($969 million) for 2024, down 152% from a net profit of CNY 13.58 billion in the preceding year, marking its first annual loss since listing. Revenue fell 33.87% to CNY 91.99 billion. The company blamed the downturn on oversupply and steep price declines across the solar value chain, which pushed selling prices below industry cash costs. An additional CNY 1.07 billion in long-term asset impairments also weighed on earnings.

  • 1 week ago | pv-magazine.com | Vincent Shaw |Valerie Thompson

    Longi reported its 2024 annual results and first-quarter report for 2025 on April 29. The company posted annual revenue of CNY 82.58 billion (USD 11.36 billion), a 36.23% year-on-year decline, and a net loss attributable to shareholders of CNY 8.62 billion (USD 1.18 billion), reversing a profit of CNY 10.75 billion (USD 1.48 billion) in 2023. LONGi attributed the poor performance to a vicious cycle in the solar industry involving overcapacity, price wars, and cash flow issues.

  • 2 weeks ago | pv-magazine.com | Vincent Shaw

    Chinese solar and lithium battery manufacturer DMEGC reported robust financial results for the first quarter of 2025. Revenue rose 23.36% year-on-year to CNY 5.22 billion ($715.5 million), while net profit attributable to shareholders increased 29.67% to CNY 458 million. Basic earnings per share stood at CNY 0.29, with a weighted average return on equity of 4.45%.

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