The Promising Future of Photovoltaic Power Generation: Insights from Recent Developments and Investments

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Solarbe provides an overview of the future prospects of photovoltaic (PV) power generation, keeping you updated with the latest news and information related to the field. For more insights on the prospects of PV power generation, stay tuned to Solarbe.

The Chairman and President of China Construction Bank’s Yunnan Branch, Yang Zhonglun, visited Huasun for an inspection and research on May 16, 2025. During the visit, a detailed report was provided on the second phase project progress and the production operations of Huasun. The application of vertical components was emphasized, showcasing how PV power generation can seamlessly integrate with agriculture, construction, and transportation sectors, effectively mitigating land use challenges faced by the solar industry. Yang expressed his support and interest in understanding the production processes and advantages of batteries and components. He commended Huasun’s development direction and the market prospects of heterogeneous junction technology, expressing confidence in Huasun’s future development. Furthermore, he stated that China Construction Bank’s Yunnan Branch would continue to support Huasun in financing its heterogeneous junction battery industrialization.

Zerun New Energy successfully debuted on the A-share market on May 16, 2025, witnessing a remarkable 98% surge on its first day, attributed to the overall positive trajectory of the solar industry. Analysts highlight that the continuous decline in PV generation costs and the expanding installation scale, driven by the global energy transition, are fostering growth across the entire supply chain. However, some analysts cautioned about potential risks ahead.

In Gansu Province, a substantial investment of 14.5 billion in photovoltaic manufacturing is set to generate an annual output value of 800 million, creating over 40 jobs. An investment of 500 million in wind and PV equipment recycling focuses on the detailed dismantling and regeneration of retired equipment. Additionally, a 200 million investment in the Songshan Beach 200,000 kW photovoltaic project will establish new solar power stations and supporting transformer stations, further enriching Wuwei’s clean energy landscape. This investment opportunity list highlights Wuwei’s vast development potential in the renewable energy sector, significantly promoting regional economic green transformation and high-quality industrial development.

The list below outlines the investment opportunities in Wuwei’s renewable energy and equipment manufacturing industry chain for 2025 (53 items):

Huasun teams up with Germany’s Next2Sun to usher in a new era of horizontal application for vertical photovoltaic components. This innovative approach allows PV power generation to perfectly integrate with agriculture, construction, and transportation sectors, addressing land use challenges and paving a new path for sustainable industry development. The vertical installation model successfully shifts the solar energy generation period to early morning and evening. A comprehensive analysis of the adaptability of the heterogeneous junction technology used in the Kunlun series components in the vertical PV space was presented, noting that while the vertical PV market holds great potential, it demands high requirements for component bifaciality. Huasun aims to enhance its offerings through ongoing research and development and continuous optimization of packaging processes.

Shengcheng Photovoltaics shines at The Smarter E Europe 2025 event on May 10, 2025, as PV generation’s strategic position within Europe’s energy structure sees significant enhancement, gradually becoming a primary energy source. In response to market adjustments, European governments are intensifying support for local PV manufacturing, launching policies to boost domestic production capabilities and reduce reliance on imports. Concurrently, technological innovation has emerged as a key driver for industry growth, particularly with the rise of efficient battery technologies like perovskite, leading to an increasing demand for automated and intelligent production equipment, thus providing extensive market opportunities for PV equipment manufacturers.

The State Power Investment Corporation announced a significant divestment of equity stakes in 40 renewable energy companies, exploring the underlying logic of technological iterations and international competition. On April 8, the corporation expressed its confidence in the long-term prospects of China’s economy and capital market development, aiming to enhance the quality of publicly listed companies through accelerated mergers and acquisitions, focusing on the comprehensive energy group comprising hydropower, thermal power, wind power, and PV generation.

On April 29, the Sichuan Provincial Economic and Information Technology Department reported progress on wind and solar project construction, emphasizing the principle of “developing one project as soon as it matures.” Sodium-ion batteries, as a key component in the new energy storage sector, present vast application potential and market prospects. The ongoing research for the province’s 14th Five-Year Plan aligns with the overall development of the sodium battery industry, ensuring appropriate identification of wind and solar project scales.

On April 16, Sig New Energy successfully launched its new commercial storage solutions in Vietnam, contributing to the country’s energy transition. The Deputy Director of the Electricity and Renewable Energy Bureau of Vietnam’s Ministry of Industry and Trade, Bui Quoc Hung, delivered a keynote speech on the future of solar energy development in Vietnam, emphasizing the nation’s commitment to fostering a more efficient, stable, and green energy system to sustain regional clean energy advancement.

Despite challenges posed by the recent imposition of “reciprocal tariffs” by the Trump administration, impacting major Chinese companies such as Shangneng Electric, Sunshine Power, Jinlang Technology, and Yuneng Technology, the photovoltaic sector remains one of the most promising clean energy sources. Leading companies have begun adjusting strategies to enhance product value through technological upgrades or by establishing overseas manufacturing facilities to circumvent trade barriers. However, market volatility may persist until policy uncertainties are resolved.

For the latest news: Yunnan Zhaotong completes 2.62 GW of new energy project bidding, with China Resources and State Power Investment at the forefront. On May 17, 2025, it was reported that several executives at Akcome Technology faced penalties.

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