In Short : China’s recent renewable energy auction revealed mounting challenges for solar developers as intense competition pushed bids to record lows. While the auction supports rapid capacity growth, shrinking profit margins raise concerns over project sustainability. Rising input and financing costs add to industry pressures, highlighting the difficult balance between aggressive expansion and maintaining […]
China’s Wafer Prices Jump Most Since 2023 on Production Cuts – EQ
The price of key solar panel components in China surged the most in two years, driven by production cuts and a broader government push to address industry overcapacity. Wafer prices rose 22% in the week through Thursday, the biggest gain since February 2023, according to data from the China Silicon Industry Association. This is a […]
China’s Clean Energy Surge Sets the Pace for Global Power Shift – EQ
In Short : China’s rapid expansion in clean energy—especially in solar, wind, and electric vehicles—is positioning it to lead the global energy transition. Massive investments, strong state support, and supply chain dominance give China a competitive edge in powering the future. As the world races toward net-zero, China’s clean energy surge could reshape global markets […]
China’s Solar Sector Faces Crossroads as Overcapacity and Policy Shifts Cloud Outlook – EQ
In Short : China’s solar industry is facing deepening challenges as demand weakens and prices plunge below production costs, causing heavy losses. At the SNEC conference in Shanghai, firms confront overcapacity, falling exports, and reduced government support. Output is declining, while provinces halt price guarantees. Industry leaders are now focusing on pricing reforms and strategies […]
China’s first pile-foundation fixed offshore solar power project connects to grid – EQ
In Short : China has connected its first pile-foundation fixed offshore solar power project to the grid in Laizhou Bay, Shandong. The 400 MW farm uses durable steel platforms and high-efficiency solar panels, generating about 694 million kWh annually. It reduces coal use and emissions significantly, integrates aquaculture, and showcases China’s advancing capabilities in offshore […]
China’s Renewable Energy Surges, but Coal Expansion Threatens Climate Goals – EQ
In Short : China’s wind and solar power capacity has surpassed thermal power for the first time, reaching 1,482 GW by March 2025. Despite this milestone, renewables contributed just 22.5% to electricity consumption due to grid challenges. Meanwhile, China continues expanding coal power, risking its 2030 carbon peak and 2060 neutrality goals. Renewable growth remains […]
JA Solar is China’s first private enterprise and the first solar PV company worldwide to becomes the member of World Business Council for Sustainable Development (WBCSD) – EQ
On September 5, 2023, JA Solar became the first Chinese private sector and the world’s first solar PV company member of the World Business Council for Sustainable Development (WBCSD). During the United Nations Sustainable Development Goals Summit in New York on September 21, Peter Bakker, President and CEO of WBCSD, along with his senior management […]
China’s installed non-fossil fuel electricity capacity exceeds 50% of total – EQ Mag
BEIJING : China’s non-fossil fuel energy sources now exceed 50 per cent of its total installed electricity generation capacity, state media outlet Xinhua said on Monday (Jun 12), citing an official at state planner the National Reform and Development Commission. Non-fossil fuel power sources, such as wind and solar power, account for 50.9 per cent […]
1 in every 7 cars sold now an EV, China’s BYD dominate again – EQ Mag
Global passenger EV sales in Q1 2023 rose 32 per cent YoY. Battery EVs (BEVs) accounted for 73 per cent of all EV sales during the quarter, while plug-in hybrid EVs (PHEVs) made up the rest, according to Counterpoint Research. EV sales are expected to reach over 14.5 million units by the end of 2023. […]
Tongwei Dominates the Polysilicon Industry – EQ Mag
Bernreuter Research: Oversupply inevitable with China’s unabated expansion. Würzburg (Germany) : Chinese polysilicon manufacturer Tongwei has extended its position as world market leader. In 2022 the company produced 1.6 times as much polysilicon for solar cells as the second largest manufacturer, GCL Technology, and even twice as much as the third biggest, Daqo New Energy, […]