MIIT: Guide photovoltaic enterprises to reduce photovoltaic manufacturing projects that simply expand production capacity.

On July 9th, the Ministry of Industry and Information Technology solicited opinions on the draft of the "Normative Conditions for the Photovoltaic Manufacturing Industry (2024 Edition)" and the "Regulations for the Management of Announcement of Norms for the Photovoltaic Manufacturing Industry (2024 Edition)".

Zhitong FinanceJul 8 22:38 ET

According to Jibang Consulting, the domestic penetration rate of N-type components reached 84% in the first half of the year, an increase of 24% compared to the previous period.

According to the TrendForce Greater China Photovoltaic Industry Bidding Database, the domestic component procurement bidding volume in the first half of 2024 is about 108GW.

Zhitong FinanceJul 5 01:42 ET

AH trends diverge, Hang Seng Index up 0.6%, CNOOC up 4%, national bond futures slightly rebound.

Rare earth permanent magnets concept stocks pull back, photovoltaic and lithography themes also weaken. Hong Kong's real estate, banks, and oil & gas stocks are strong, CNOOC up 4%, Agricultural Bank of China and China Merchants Bank rise more than 2%. After experiencing a sharp drop yesterday, national bond futures rebounded in early trading, with 10-year and 30-year national bond futures contracts rising nearly 0.1% in early trading.

wallstreetcnJul 1 22:02 ET

Sustainability Column: How is the Chinese market for geothermal power generation, which Buffett is interested in?

The electric energy hidden underground is becoming a clean resource mine in the eyes of technology giants and conglomerates.

wallstreetcnJun 19 07:52 ET

Jibang Consulting: The photovoltaic industry chain continues to reduce production and clear out inventory. The decision of post-SNEC manufacturers' production and scheduling is particularly crucial.

Due to downstream demand falling back and high silicon wafer inventory, coupled with the approach of Q2 financial reporting season, manufacturers face increased pressure to clear inventory, leading to relatively weak bargaining power for silicon wafer prices. It is expected that prices will remain low in the short term, with consolidation at low levels.

Zhitong FinanceJun 13 01:40 ET

Direct impact of changes | GCL Technology rose more than 7% to lead PV stocks, and the PV stock industry's backward production capacity is expected to clear up at an accelerated pace

On May 30, $PV Solar Energy (BK1233.HK) was stronger in early trading. As of press release, $GCL (03800.HK) $ rose 7.38% to HK$1.60; $Xinyi Solar (00968.HK) $ rose 4.73% to HK$5.54; $Follett Glass (06865.HK) $ rose 4.56% to HK$16.96; $Xinte Energy (01799.HK) $ rose 4.06% to HK$10.0. Market source: Futubull CITIC Securities said that excessive pressure on PV supply has led to high prices and profits in the industrial chain

Zhitong FinanceMay 29 22:04 ET