Latest Developments and Trends in the Photovoltaic Industry

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The photovoltaic industry is a dynamic sector that plays a crucial role in renewable energy development. The North Star Solar Photovoltaic Network provides comprehensive information on the latest trends and developments within the photovoltaic industry. For more insights, please follow the North Star Solar Photovoltaic Network.

Recent developments in the photovoltaic sector include the establishment of a new <b>perovskite solar cell production line</b> in Zhejiang, with a total planned investment of <b>1 billion RMB</b>. This project aims to build a third-generation perovskite solar cell production line along with an automated solar module manufacturing facility, including logistics, warehousing, and support operations. This initiative is set to become a key driver of the new energy industry cluster in the Yangtze River Delta region.

In Xinjiang, the <b>500MW photovoltaic desertification control project</b> has successfully connected to the grid, demonstrating the vital role of photovoltaic projects in enhancing ecosystem quality and stability. This initiative also promotes the integration of desertification prevention with wind and photovoltaic energy development, contributing to rural revitalization with positive economic, social, and ecological benefits.

The recent price report for the photovoltaic supply chain (April 2-9, 2025) indicates that the price of <b>2.0mm coated photovoltaic glass</b> remains at <b>13.5 RMB/m²</b>, while <b>3.2mm coated photovoltaic glass</b> is priced at <b>22.5 RMB/m²</b>. Additionally, the price for <b>2.0mm backsheet glass</b> stands at <b>12.5 RMB/m²</b>.

In Guangdong's Huadu District, plans are underway to develop over <b>600,000 square meters</b> of rooftop distributed photovoltaic projects, focusing on supporting industries such as photovoltaic technology, new energy storage, hydrogen energy, and smart grid sectors.

Recently, <b>Junda Co.</b> reported a net profit loss of <b>636.04%</b> for Q1 2025. However, the company anticipates improved profitability due to advancements in photovoltaic technology and cost advantages in the core technology segment as the supply-demand relationship in the sector continues to improve.

On the production front, <b>LONGi Green Energy</b> recently announced that the upgraded <b>Hi-MO 9</b> solar module has entered full-scale production. This represents a significant milestone for the photovoltaic industry as it transitions into an era of comprehensive optimization.

Moreover, <b>LONGi</b> has set a new world record for the <b>efficiency of monocrystalline silicon solar cells</b> at <b>27.81%</b>. This achievement underscores the company's commitment to innovation and its ambition to lead the global energy transition.

As part of ongoing recruitment efforts, companies such as <b>Changxia Electric Power</b>, <b>Zhejiang Xineng</b>, and <b>Tongwei Solar</b> are actively seeking talent to bolster their operations and maintain competitive advantages in the market.

In South Africa, the photovoltaic industry association has welcomed the national renewable energy plan, which is expected to generate an additional <b>3-5GW</b> of renewable energy capacity. The local market is focusing on opportunities in the photovoltaic value chain, including the manufacturing of solar mounting systems, inverters, and electrical balance of systems.

Additionally, projects involving <b>8GW HJT solar cells</b> and <b>5GW solar module factories</b> are set to begin construction, with significant investments aimed at scaling up perovskite technology applications.

As the photovoltaic supply chain continues to evolve, recent data shows that the production of silicon materials has stabilized with an estimated output of <b>106,000 tons</b> in March, while April forecasts suggest a production of <b>104,000 tons</b>.

In conclusion, the photovoltaic industry is experiencing rapid growth and transformation, driven by technological advancements, investment opportunities, and a strong commitment to sustainable development.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/latest-developments-and-trends-in-the-photovoltaic-industry/

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