Xinyi Energy’s profit dives as China suffers from ‘solar hangover’
The solar farm operator said it expects to report its profit fell between 25% and 35% in the first half of this year Key Takeaways: Xinyi Energy said its profit…
Waiting for new industry dawn, SolarSpace turns to IPO for warmth
The leading solar cell maker is looking for capital support from a Hong Kong listing to tide it over while it waits for recovery in its oversupplied sector Key Takeaways:…
INDUSTRY BRIEF: Daqo, Tongwei promise to scale back polysilicon production
Two of China’s leading producers of polysilicon, a key material used to make solar panels, have promised to scale back their production to ease an industry glut. Daqo New Energy…
CHINA BULLETIN: China-U.S. Ties in Focus Ahead of Taiwan Election
In this week’s issue exports rebound, deflation rolls on and car exports zoom. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.…
Sun shines on JinkoSolar, but clouds loom on the horizon
The company’s profit more than doubled in the third quarter as booming demand and plunging polysilicon costs more than offset falling prices for its solar modules Key Takeaways: JinkoSolar’s shipments…
Xinjiang Goldwind Sees Lull in Latest Quarter on Maturing Wind Power
China’s leading provider of wind power equipment reported revenue and profit declines in the second quarter Key Takeaways • Xinjiang Goldwind reported second quarter revenue of $1.48 billion, down 9%…
ReneSola Encounters Headwinds but Looks Better Positioned Than Most
Solar farm builder reports 85% revenue plunge and first-quarter loss, but sees situation improving through the year Key Takeaways: ReneSola has encountered recent headwinds due to Covid-related lockdowns in China…
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