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Finance

Canadian Solar receives 136 million BRL financing for 79 MW Project in Brazil

Canadian Solar Inc. (NASDAQ: CSIQ), yesterday announced it has secured 136 million Brazilian reais (approximately US$28 million) non-recourse project financing from Banco do Nordeste...

Daqo New Energy Announces $120 Million Share Repurchase Program

Daqo New Energy Corp. (NYSE: DQ), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its board of...

Perovskite module maker receives investment from Chinese tech giant Tencent

GCL Optoelectronics, a company dedicated to the R&D and production of perovskite solar modules, introduced Guangxi Tencent Venture Capital Co., Ltd. as a new...

Aiko Solar to raise funds for 6.5 GW n-type cell fab

Chinese solar cell manufacturer Aiko Solar plans to raise no more than RMB 1.65 billion through non-public issuance of A shares, according to a...

Trina Solar gained 47% higher net profit in 2021

On April 27, leading module manufacturer Trina Solar released its 2021 annual report. Its operating revenue amounts to RMB 44.48 billion yuan, a year-on-year...

JYT Corp net profit down by 95.89% in Q1

China-based solar high-end equipment manufacturer Beijing JYT Corporation released operation report of the first quarter of 2022 on April 27, showing main revenue of...

Risen Energy’s profit soared 280% YoY in Q1 2022

In the first quarter of 2022, Chinese solar manufacturer Risen Energy’s net profit attributable to shareholders of the listed company soared by 280.59% to...

Zhonghuan Semiconductor’s net profit almost tripled in 2021

Tianjin Zhonghuan Semiconductor released its annual report yesterday of the financial year of 2021, reporting an operating revenue of RMB 41.1 billion, a year-on-year...

GoodWe 2021 Annual Report: Income up by 69%

On April 25th, Chinese inverter manufacturer GoodWe released its annual report for the financial year of 2021. The total operating income amounted to RMB...

Tongwei, Solis garner huge profit in Q1 due to booming market

Tongwei Co., Ltd has achieved an operating revenue of RMB 24.685 billion yuan in the first quarter of 2022, up 132.49% YoY, according to...
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