Harbin Electric records strong profit growth in first half of 2026
Power plant equipment maker Harbin Electric Co. Ltd. (1133.HK) said on Monday it expects to report a profit of about 1.7 billion yuan ($251 million) for the first half of…
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…
Daqo goes ‘back to the future’ with AI power equipment gamble
The polysilicon maker will partner with the Kunshan government to build a 6 billion yuan base producing electrical equipment to power AI data centers Key Takeaways: Daqo and the Kunshan…
After years on the sidelines, VNET seizes on China’s AI moment with new CATL tie-up
China’s oldest independent data center operator is finding its footing in the AI era, helped by a new $1 billion investment from battery champion CATL Key Takeaways: Once a data…
NovaFusionX shines as China’s private sector answer to nuclear fusion
The company has raised $175 million in the year since its inception, including more than $100 million in its latest funding from an A-list of private equity investors Key Takeaways:…
Huaming rides power equipment boom to Hong Kong IPO
The Shenzhen-traded company has filed for a second listing in more internationally focused Hong Kong, seeking to tap soaring investor interest in power equipment stocks Key Takeaways: Huaming Power has…
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…
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