The overseas photovoltaic Brackets Business continues to grow, with Arctech Solar Holding expecting a net profit increase of over 80% in 2024.
① The company expects a Net income of 0.208 billion yuan in the fourth quarter of 2024, an increase of approximately 10.69% year-on-year and about 6.02% quarter-on-quarter. It stated that the strong demand for overseas photovoltaic ground power stations and the rise of Emerging Markets such as the Middle East and Latin America have driven the continuous growth of the company's overseas photovoltaic Brackets Business; ② As of December 31, 2024, the company has a total Order of approximately 4.65 billion yuan.
Significant fluctuations: LONGi Green Energy Technology expects a loss of over 8 billion yuan last year, and the company's BC production capacity will be ramped up this year | Interpretations
① Considering the company's net income attributable for the first three quarters of -6.505 billion yuan, the company's Q4 loss is estimated to be between 1.695 billion yuan and -2.295 billion yuan; ② LONGi Green Energy Technology is the only company in the top tier of photovoltaic modules that actively promotes BC technology, and the company expects to enter a phase of large-scale BC production capacity deployment by 2025.
The single-season expected loss reaches as high as 1.7 billion, the loss margin sets a historical record. Can EGing Photovoltaic Technology welcome a "white knight" from state-owned assets? | Interpretations
① The company's loss for the fourth quarter is expected to be between 1.328 billion and -1.728 billion yuan, with asset impairment being an important reason for the loss. ② The company has experienced personnel changes this month, triggering market speculation that state-owned assets may take control.
Involving TOPCon Battery module technology, JinkoSolar is suing LONGi Green Energy Technology for patent infringement.
① JinkoSolar has sued LONGi Green Energy Technology in the Intermediate People's Court of Nam Cheong, involving TOPCon Battery technology and component technology; ② Integrated companies ranked among the top in component shipments have either actively or passively become involved in the photovoltaic patent disputes. Some analysts believe that the strength of patent protection in the photovoltaic Industry will continue to increase in the future.
The first of the New Year! Facing suspension due to the inability to complete the required rectification for capital occupation, ST Xulan is sliding towards being (Delisted) | Quick Read Announcement.
① ST Xulan may become the first listed company in 2025 to be suspended by the Exchange due to difficulties in completing rectifications before the deadline; ② ST Xulan Stocks may be suspended by the Shenzhen Stock Exchange starting from January 6, and currently, there is only one trading day left before the company's stock trading is suspended; ③ At the same time, ST Xulan also faces the risk of being delisted due to its stock price continuously falling below par value.
Trina Solar Co., Ltd. collaborates with AMEA Power to implement a large-scale energy storage project in Egypt.
① This project is Egypt's first public utility-scale Battery storage system project; ② The Elementa2 platform (5MWh) has multiple advanced technological advantages, aiming to optimize performance, ensure safety, and reduce costs.