JA reported revenue of CNY 28.113 billion ($4.13 billion) for the first nine months of 2026, down 23.62% year on year, according to its third-quarter financial results released on Oct. 29. Its net loss attributable to shareholders widened to CNY 3.64 billion ($535 million) from CNY 3.558 billion a year earlier. Third-quarter revenue reached CNY 10.616 billion ($1.56 billion), while its quarterly net loss attributable to shareholders stood at CNY 974 million ($143 million). At an investor briefing on Oct. 30, the company said third-quarter solar cell and module shipments totaled 13.97 GW, up about 35% quarter on quarter. Shipments for the first nine months reached 36.22 GW, with overseas markets accounting for 60.92% of module shipments.
Longi reported revenue of CNY 43.864 billion ($6.45 billion) for the first nine months of 2026, down 13.85% year on year, according to its third-quarter financial results released on Oct. 30. Its net loss attributable to shareholders widened to CNY 4.713 billion ($693 million) from CNY 3.403 billion a year earlier. Module shipments totaled 48.61 GW during the period, including 31.64 GW of back-contact (BC) modules, up 118.58% year on year and accounting for more than 65% of total module shipments. The company posted a third-quarter net loss attributable to shareholders of CNY 1.029 billion ($151 million), narrowing from the second quarter. Its BC module gross margin improved by 6.27 percentage points from the first half of the year.
Tongwei reported revenue of CNY 58.337 billion ($8.58 billion) for the first nine months of 2026, down 9.69% year on year, according to its third-quarter financial results released on Oct. 30. Its net loss attributable to shareholders widened to CNY 6.759 billion ($994 million) from about CNY 5.27 billion a year earlier, while its net loss excluding nonrecurring items reached CNY 6.868 billion ($1.01 billion). Third-quarter revenue stood at CNY 23.98 billion ($3.53 billion), down 0.46% year on year. Its quarterly net loss attributable to shareholders narrowed to CNY 1.639 billion ($241 million) from CNY 2.675 billion in the second quarter. Net cash flow from operating activities totaled CNY 2.024 billion ($298 million) for the first nine months.
Guangdong Power Exchange Center published the results of its 2026 renewable energy mechanism-price auction on Nov. 3, selecting 58,962 distributed solar projects at a mechanism price of CNY 0.300 ($0.044)/kWh, down 16.7% from CNY 0.360/kWh in the previous round. The initial electricity volume covered by the mechanism was set at 7.934 TWh, up about 59% from the previous round. The auction featured a bidding price range of CNY 0.200/kWh to CNY 0.400/kWh, with the mechanism price applicable for 12 years. The results are open for public review from Nov. 3 to Nov. 9.
CECEP Solar Energy said on Nov. 4 that it added 1,311.24 MW of operational solar capacity in the first 10 months of 2026, started construction on another 650 MW and registered an additional 1,074.94 MW of solar projects. The company also registered 4,320 MW/12,287 MWh of standalone energy storage projects during the period. Cumulative electricity generation reached 8.394 TWh by the end of October, up 17.6% year on year and 0.3% above its full-year 2025 output. The company noted that registered project capacity does not necessarily translate into operational capacity.
Gansu Golden Solar said on Nov. 5 that its controlled subsidiary, Jiuquan Jingang Intelligent Computing Technology, signed a cloud computing services contract with an undisclosed customer worth up to CNY 1.536 billion ($226 million), including taxes. Service fees for the first two batches total CNY 384 million ($56.5 million), with each batch covering a 60-month service period and payments due quarterly in advance. The company will procure, install and maintain the computing equipment. The final contract value will depend on actual delivery volumes and agreed prices, and the maximum estimated amount does not constitute a revenue or earnings commitment.
China’s National Energy Administration (NEA) published a proposed list of 93 pilot projects under its “AI+” energy initiative on Nov. 5, with a public consultation period running until Nov. 11. Of the total, 19 projects focus on emerging energy business models, including energy storage safety diagnostics, direct green power connections, coordinated power and computing operations, virtual power plants, and multi-energy system optimization. Participating technology providers include Sungrow, CATL and EVE Energy. The projects have passed expert evaluation and review but remain subject to public consultation.
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Tuesday, November 10, 2026
5:00 pm – 6:00 pm CET, Berlin, Paris, Madrid
The new issue of pv magazine Global is out now!
Available in print and digital – get your copy today!
Day 1 | Europe’s Solar and Storage Markets 2027: What works where?
Day 2 | Solar + Storage Co-location: Three markets, three business cases
Day 3 | Solar Quality: Which technical risks still need better answers?
Day 4 | Cybersecurity and Procurement: What can European solar projects source in 2027 and beyond?
Friday, November 13, 2026
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Monday, November 23, 2026
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