Despite slumping revenue, Shanghai Refire cruises on government support
The company reported its revenue fell by 28% last year, led by a nearly 50% drop for its core hydrogen fuel cells Key Takeaways: Shanghai Refire’s revenue fell last year,…
Operating at just half capacity, Daqo looks to Beijing for policy support
The polysilicon maker said plunging prices have begun to stabilize recently and could even rise over the next two months if Beijing announces new policy support Key Takeaways: Daqo’s revenue…
BRIEF: Production begins at Ganfeng Lithium’s Mariana project
Ganfeng Lithium Group Co. Ltd. (1772.HK; 002460.SZ) said on Tuesday it has begun production at its Mariana processing plant in Argentina, one of its several South American projects currently in…
INDUSTRY BRIEF: China green energy buildup continues, passes 2030 target
China added more than 350 GW of wind and solar power generation capacity last year, pushing its total installed capacity past its target for 2030 as it spends aggressively on…
NEWS WRAP: Profit plunges at JinkoSolar’s main China-listed unit
The solar panel maker said the profit for its 58.6%-owned Jinko Solar Co. Ltd. fell by nearly 99% in 2024 as a result of plunging prices By Doug Young…
BRIEF: JinkoSolar expands share buyback program
Solar panel maker JinkoSolar Holding Co. Ltd. (JKS.US; 688223.SH) on Wednesday announced an expansion and extension of its share repurchase program, as it seeks to support its stock. The company…
BRIEF: Guofu Hydrogen launches IPO to raise up to $56 million
Hydrogen storage and transportation equipment maker Jiangsu Guofu Hydrogen Energy Equipment Co. Ltd. (2582.HK) launched it Hong Kong IPO on Thursday, aiming to sell 6 million shares, with 10% reserved…