Policy tightening, a photovoltaic enterprise filed for bankruptcy!

2025-11-26 10:05:43

According to Reuters on November 25, PosiGen, an American solar energy company, filed for bankruptcy in Texas. The company said the Trump administration's cuts to solar tax credits and subsidies had starved it of funds and triggered disputes with creditors. Its main lenders want to foreclose assets and transfer customers, which PosiGen opposes, saying bankruptcy can buy time to complete the project and avoid "disintegration". Case No.25-90787.

According to Reuters on November 25, PosiGen, an American solar energy company, filed for bankruptcy in Texas . The company said the Trump administration's cuts to solar tax credits and subsidies had starved it of funds and triggered disputes with creditors. PosiGen suffered a funding crisis this summer, according to

court documents. However, as the U.S. solar market continued to shrink , creditors were reluctant to invest more money, so the company was forced to stop most of its business .

At the same time, PosiGen has acknowledged problems with its operations over the past year. The company repeatedly pledged some of its assets when seeking short-term financing; in addition, it violated debt contracts by mixing funds from different sources of income.

It is reported that PosiGen's financing debt amounted to $ 206 million, and Brookfield Asset Managemen, the main lender, had previously sought to take over and dispose of the company's assets. It also plans to transfer most of PosiGen's users to new solar service providers.

PosiGen objected to Brookfield's proposal, saying that a court-supervised bankruptcy would buy it time to complete solar projects under construction that would bring in future revenue .

According to the company's court filing, the bankruptcy process also avoids the "slow dismemberment" of the company and results in better outcomes for stakeholders, including customers, employees and investors who have purchased the PosiGen Solar Investment Tax Credit (ITC).


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On November 25, Igor announced that to further promote the company's internationalization strategy, enhance its international image and comprehensive competitiveness, the company intends to issue overseas listed shares (H shares) and apply for listing on the main board of the Hong Kong Stock Exchange.

2025-11-26 17:47:45

According to Reuters on November 25, PosiGen, an American solar energy company, filed for bankruptcy in Texas. The company said the Trump administration's cuts to solar tax credits and subsidies had starved it of funds and triggered disputes with creditors. Its main lenders want to foreclose assets and transfer customers, which PosiGen opposes, saying bankruptcy can buy time to complete the project and avoid "disintegration". Case No.25-90787.

2025-11-26 10:05:43

On November 25, Longyuan Electric Power announced that the board of directors received a written resignation report from Wang Qi, deputy general manager of the company, on November 21, 2025. Due to job changes, Wang Qi applied to resign as deputy general manager of the company, and did not hold any position in the company and its holding subsidiaries after his resignation.

2025-11-25 17:51:01

Digital New Energy DataBM. Com has learned that Ningxia Yunhao Photovoltaic Technology Co., Ltd. has been applied for bankruptcy by Yinchuan High-tech Industry Development Co., Ltd. to Yinchuan Intermediate People's Court of Ningxia Hui Autonomous Region, with the case number (2025) Ning 01 Breaking 52, which was made public on November 24.

2025-11-25 17:46:57

On November 25, TBEA announced that in order to further strengthen the management of the company's new energy industry, the company appointed Huang Hanjie as the chairman of Xinte Energy Co., Ltd. and its subsidiary TBEA Xinjiang New Energy Co., Ltd. and Peng Xu as the general manager of TBEA Xinjiang New Energy Co., Ltd.

2025-11-25 10:23:12

On the evening of November 21, Maiwei shares and * ST King Kong issued a joint announcement, disclosing the progress of the transaction contract between the two sides.

2025-11-24 17:06:04

On November 23, Dike issued a progress announcement on major litigation matters of its subsidiaries, saying that Zhejiang Sote was countersued by Zhejiang Guangda for malicious litigation, claiming 5 million yuan and demanding an apology.

2025-11-24 10:50:29

According to videos and photos leaked from social media platforms, black smoke billowed, flames burned, and open fires ran higher than factory building.

2025-11-24 10:34:08

The patented technology of TOPCon, a Chinese photovoltaic enterprise, was purchased.

2025-11-21 14:25:31

Digital New Energy DataBM. Com has learned that a batch of equipment and other assets under the name of Changzhou Shunfeng Solar Energy Technology Co., Ltd. (Hereinafter referred to as "Shunfeng Solar Energy") are being sold at a price of 7,074,099.2 yuan (about 7,074,100 yuan), with a margin of 1.4 million yuan and an increase of 20,000 yuan.

2025-11-21 13:48:28

Involving the general manager and deputy general manager.

2025-11-20 17:30:20

According to the news on the website of the State Supervisory Commission of the Central Discipline Commission on November 18, two people were investigated on that day, one from the State Grid and the other from the State Energy Group.

2025-11-19 17:35:36

According to the incomplete statistics of digital new energy DataBM. Com, since November, Longji Green Energy, Jingke Energy, Trina Solar Energy, Jingao Science and Technology and other photovoltaic enterprises have announced that they have won orders. Details are as follows:

2025-11-18 08:57:54

On November 14, Jingke Energy official announced that the company had recently signed a purchase intention agreement with China Energy Construction Group for 2G W photovoltaic modules. According to the agreement, Jingke Energy will supply components for the sixth phase of the Foris Photovoltaic Project of the Saudi Arabian Public Investment Fund contracted by China Energy Construction.

2025-11-17 09:01:41

On November 13, Atlas Group (CSIQ) released its results for the third quarter of 2025 and its business outlook for the fourth quarter of 2025 and 2026.

2025-11-14 10:01:27

Xu Guangfu said that enterprises can not control the changes in the environment, what they can do is to predict risks and put forward corresponding countermeasures. To maintain their core competitiveness and ensure the safety of the balance sheet, enterprises will cross the cycle and enjoy the dividends of the long-term development of the industry.

2025-11-13 10:55:41

Haidong Red Lion is located in Zero Carbon Industrial Park, Hehuang New District, Haidong City, Qinghai Province, covering an area of 3033 mu. The first phase of the project with an annual output of 140,000 tons of polysilicon was officially put into operation in May 2025, with a total investment of about 10 billion yuan.

2025-11-13 10:46:03

A rumor that "photovoltaic storage platform has been yellow" has set off a "bloody storm" in the photovoltaic circle.

2025-11-13 09:23:59

On November 11, TBEA released the record of investor relations activities for the third quarter performance presentation. Huang Hanjie, director and general manager of the company, Zou Baoju, independent director, Bai Yungang, chief accountant, and Jiao Haihua, secretary of the board of directors, responded to questions on investor relations.

2025-11-12 09:35:10

On November 11, Longji Green Energy released the record of investor relations activities for the third quarter performance presentation. Zhong Baoshen, chairman and general manager of the company, Liu Xuewen, director and financial officer, Zhou Zhe, independent director, and Liu Xiaodong, secretary of the board of directors, responded to questions from investors.

2025-11-12 09:33:19

Xiexin Group has signed a contract with Renshou County People's Government to produce 150000 tons of lithium battery cathode materials annually.

2025-11-06 09:48:13

This cooperation can effectively integrate the resources of both sides, achieve complementary advantages, further deepen the company's high-end energy storage market layout in Australia, and consolidate the company's leading position in the global energy storage industry.

2025-11-06 09:18:18

On October 31, Xinyi New Energy Technology (Quzhou) Co., Ltd. issued a document saying that due to the state's policy adjustment and capacity regulation of the photovoltaic industry, the board of directors decided to completely stop operation from October 31, 2025.

2025-11-05 09:30:22

According to the announcement, as of September 30, 2025, the company realized operating income of 11.656 billion yuan, operating cost of 10.718 billion yuan, and net loss attributable to shareholders of listed companies of about 527 million yuan. As of September 30, 2025, the total assets of Xinte Energy were 85.313 billion yuan.

2025-11-04 18:53:10

With the recovery of polysilicon price in the third quarter, the cost of power elements in the wet season of the Company has decreased on a month-on-month basis; the polysilicon business of the Company has been profitable in the third quarter.

2025-11-04 09:39:03

On November 3, Trina Solar released a record of investor relations activities. Gao Jifan, chairman and general manager of the company, Yang Bao, president of the energy storage business department and vice president of the photovoltaic business department, Wu Sen, chief financial officer, and Wu Qun, secretary of the board of directors, participated in the reception.

2025-11-03 17:39:26

On November 3, JinkoSolar released a record of investor relations activities. Cao Haiyun, Chief Financial Officer, Miao Gen, Chief Marketing Officer, Jin Hao, Chief Technical Officer and Jiang Rui, Secretary of the Board of Directors participated in the reception.

2025-11-03 17:37:58

On October 31, Dongfang Risheng announced that the company and its chairman, Lin Haifeng, and the secretary of the board of directors, Xueshan Xing, had recently received the Decision on Administrative Supervision Measures issued by the Ningbo Regulatory Bureau of the China Securities Regulatory Commission due to the untimely disclosure of information and the inadequate implementation of the insider registration management system.

2025-11-03 10:03:56

On November 1, Junda announced that the board of directors had recently received a written resignation report from Huang Falian, the company's chief financial officer. Due to personal work arrangements, Huang Falian applied to resign from the position of chief financial officer of the company and did not hold any position in the company or its subsidiaries after his resignation. The resignation report of Huang Falian shall take effect from the date of delivery to the board of directors.

2025-11-03 09:21:26

According to the three quarterly reports of Atlas, from January to September this year, the company achieved a revenue of 31.270 billion yuan, a year-on-year decline of 8.51%; a net profit of 989 million yuan, a year-on-year decline of 49.41%; a non-net profit of 1.119 billion yuan, a year-on-year decline of 40.59%.

2025-10-30 19:05:02

Jingke Energy's third quarter showed that the company's third quarter revenue was 16.155 billion yuan, down 34.11% year-on-year; net profit loss was 1.012 billion yuan, from profit to loss year-on-year; non-net profit loss was 1.368 billion yuan.

2025-10-30 19:03:04

According to previous announcement data, Trina Solar's losses attributable to shareholders of listed companies in the first and second quarters were 1.320 billion yuan and 1.598 billion yuan respectively, and the company's net profit loss in the third quarter was narrowed.

2025-10-30 18:20:19

On the evening of October 30, Hongyuan Green Energy released its third quarter report for 2025. In the first three quarters, the Company realized an operating income of RMB5.685 billion, representing a year-on-year increase of 6.54%; the net profit attributable to the shareholders of the listed company was RMB235 million, turning losses into profits on a year-on-year basis. In the third quarter, the net profit attributable to shareholders of listed companies was 532 million yuan.

2025-10-30 17:59:28

On October 30, Aixu released its third quarter performance report.

2025-10-30 17:58:46

On October 29, Power Investment Finance announced that the company held the twenty-ninth meeting of the seventh board of directors on October 28. After the qualification examination of the nomination committee of the board of directors, the board of directors agreed to appoint Wu Ming as deputy general manager for a term of office from the date of approval by the board of directors to the date of expiration of the term of the seventh board of directors.

2025-10-30 09:44:41

On October 30, Inner Mongolia Huadian announced that, in view of Wang Zhenrui's resignation as general manager of the company, according to the needs of the work, after consideration by the nomination committee of the board of directors, the board of directors recommended that Zhang Yan be appointed as general manager of the company for a term of three years.

2025-10-30 09:36:19

In this exchange, Sunshine Power expressed confidence in achieving this year's 40-50G Wh energy storage shipment target, and the target for next year is still under discussion.

2025-10-29 14:39:28

The announcement shows that the meeting of Datang Power Generation considered and approved the Bill on the Election of the Chairman of the Twelfth Board of Directors of the Company, and agreed that Li Xiaofei would be the Chairman of the Twelfth Board of Directors of the Company, whose term of office would be from the date of the election of the Board of Directors to the end of the term of the Twelfth Board of Directors. Li Kai is no longer the chairman of the twelfth board of directors of the company.

2025-10-29 14:37:30

Digital New Energy DataBM. Com has learned that Miyasoneng Photovoltaic Technology Co., Ltd. has been filed for bankruptcy by Ge Yuting to the People's Court of Fengtai District, Beijing, on October 28, with the case number (2025) Beijing 0106 No.23.

2025-10-29 10:18:30

From January to September 2025, the company's revenue and net profit increased year-on-year, and all sectors performed well. In the face of questions, the company believes that Q4 and the first half of next year's domestic component prices are difficult to rebound; the U.S. double-counter investigation on Indonesia has little impact on the performance of 25 years; it is expected that the global installed capacity will decline in 26 years, and the strategy will be adjusted; there are corresponding plans in technology, market and other aspects, such as postponing the introduction of base metals, adjusting the layout of the European market, etc; Subsequent performance growth points include photovoltaic continuation, magnetic materials and lithium power increment.

2025-10-29 09:55:08

At present, the company has achieved three consecutive quarter-on-quarter increase in operating income, accelerated improvement in net profit, showing a significant positive trend in operating results.

2025-10-28 22:07:36

On the evening of October 27, Dongfang Risheng disclosed its third quarter report of 2025. In the first three quarters, the Company achieved a total operating income of RMB10.467 billion, representing a year-on-year decrease of 29.76%; a net profit loss attributable to parent company of RMB933 million, compared with a loss of RMB1.56 billion in the same period last year; a net profit loss after deduction of non-profits of RMB1.206 billion, compared with a loss of RMB1.734 billion in the same period last year; Net cash flow from operating activities was 1.033 billion yuan, compared with-4.395 billion yuan in the same period last year.

2025-10-28 09:48:39

Due to job adjustment, Liu Yi applied in writing to resign from the position of deputy general manager of the company and the position of secretary of the board of directors. After resigning from the above positions, Liu Yi will still hold other positions in the company.

2025-10-27 18:20:54

On the evening of October 24, Hunan Development announced that the company signed a photovoltaic project investment and development agreement with the people's government of Jiahe County, Chenzhou City, Hunan Province. The company plans to lease land in Jiahe County to build a photovoltaic power generation project with a tentative construction scale of 800 MW. The total investment of the photovoltaic project is about 2.4 billion yuan, which is planned to be invested and constructed in batches from 2026 to 2029.

2025-10-27 09:21:04

According to the announcement, T1 Energy achieved total net sales of about $200-210 million in the third quarter of this year, with module shipments of 725 MW.

2025-10-27 09:12:49

On October 17, China Electric Power announced that due to the transfer of work arrangements, He Qian had resigned as the executive director and chairman of the board of directors of the company. At the same time, since October 17, 2025, Wang Zichao was appointed as the executive director and chairman of the board of directors of the company to replace He Qian.

2025-10-27 09:07:34

On the evening of October 24th, Tongwei shares issued a notice to disclose the first three quarters results. The company's revenue in the first three quarters was 64.6 billion yuan, down 5.38% from the same period last year, and the net profit loss of shareholders belonging to listed companies was 5.27 billion yuan, which was larger than loss of 3.973 billion yuan in the same period last year. Revenue in the third quarter was 24.091 billion yuan, down 1.57% from the same period last year; the net profit loss attributable to shareholders of listed companies was 315 million yuan, compared with a loss of 860 million yuan in the same period last year, indicating that the data in the third quarter had improved compared with the same period last year, to a certain extent, easing the overall performance decline.

2025-10-24 19:15:10

Build a global carbon neutral solution with "SiRo" as the core.

2025-10-24 19:00:14

On October 22, China Yajiang Group New Energy Co., Ltd. was established, which is 100% owned by China Yajiang Group and registered in Duilongdeqing District, Lhasa City, Xizang Autonomous.

2025-10-24 13:56:25

The company's operating income in the third quarter was 260 million yuan, down 10.02% from the same period last year; the net profit loss was 21.8302 million yuan, compared with a loss of 51.5197 million yuan in the same period last year, a significant reduction in losses.

2025-10-23 09:27:55

The Measures for the Implementation of Capacity Replacement in the Cement and Glass Industry (2024 edition) clearly States that the amount of capacity used for replacement shall be determined strictly in accordance with the capacity specified in the project filing (approval) documents. In the subsequent interpretation of the policy, it was said that in order to promote the unification of the registered capacity and the actual capacity, for the compliance production lines whose actual capacity is greater than registered capacity, the difference in capacity can be made up in accordance with these measures and the relevant procedures such as filing, environmental assessment and energy assessment can be improved. It is stipulated that the capacity of cement clinker production line used for technical transformation or completion of completed projects can not be transferred more than two projects.