517 layoffs! Another photovoltaic enterprise falls down!

2025-09-28 09:30:04

According to foreign media reports, Blue Ridge Power, a photovoltaic company headquartered in North Carolina, recently submitted a notice to the local government on the Employee Adjustment and Retraining Notice Act, announcing large-scale layoffs.

According to foreign media reports, Blue Ridge Power, a photovoltaic company headquartered in North Carolina, recently submitted a notice to the local government on the Employee Adjustment and Retraining Notice Act, announcing large-scale layoffs. According to

the data, Blue Ridge Power is a photovoltaic EPC company established by Pine Gate Renewable, a utility-scale solar energy developer in the United States, in 2021, specializing in solar energy and energy storage projects. According to the company's official website, it has built 8GW solar projects across the United States.

Reported that Blue Ridge Power laid off a total of 517 employees, including 348 employees in Cumberland County and 169 employees in Buncombe County. The

Digital New Energy DataBM. Com learned from another media report that the layoffs will be completed by November 18.

"Over the past few months, the company has been affected by many factors beyond its control, including the changing regulatory environment and capital market environment, which have also impacted many other businesses in the renewable energy industry." David Sanders, president of Blue Ridge Power, said.

"Blue Ridge Power has encountered market headwinds similar to those experienced by the renewable energy industry as a whole, which has forced us to devote significant resources to supporting the company.". After reviewing multiple possible paths forward, we ultimately made the difficult decision to bring Blue Ridge Power to an orderly close. The Pine Gate Renewables said in a statement.

According to the latest report of Environmental Entrepreneurs (E2), an independent environmental advocacy organization in the United States, 6012 new jobs were added in the solar industry between the fourth quarter of 2023 and the fourth quarter of 2024. Bringing the total number of solar jobs in the United States to 370,000, accounting for more than 60% of all jobs in renewable energy generation in the United States.

According to another study by E2, since January 2025, companies have cancelled more than $ 22 billion in clean energy-related factories and other projects. The projects had been expected to create 16,500 new jobs . Analyses by other agencies estimate that the rollback of energy policy in the One Big Beautiful Bill Act signed into law by President Trump on July 4 alone could result in the loss of more than 830,000 jobs.

Looking ahead, the E2 report points out that the passage of the " Big Beautiful Act" in particular may pose a challenge to the sustained growth of renewable energy employment in the United States. The report points out that 330,000 jobs in the solar industry alone could be at risk from "direct, indirect and induced" risks, which is equivalent to a threat to 89% of the current jobs in the U.S. solar industry.


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Correlation

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

In the third quarter of 2025, the company's operating income was 57.3344 million yuan, down 99.04% from the same period last year, and the net profit attributable to the parent company was 22.014 million yuan, compared with 22.4337 million yuan in the same period last year, slightly reducing the loss.

2025-10-23 09:13:24

Digital New Energy DataBM. Com learned that recently, REC Silicon, a veteran polysilicon company, announced that the Norwegian Asker and Berum District Courts had ruled against the request of some shareholders to investigate the termination of the 2010 polysilicon procurement contract betw een Hanhua and REC Silicon.

2025-10-22 15:06:01

According to media reports, Trina Solar signed a module supply agreement with Mestron Energy, a Malaysian renewable energy developer. According to the agreement, Trina Solar will supply 50 MW PV modules to Mestron Energy.

2025-10-22 13:49:57

Longji Green Energy has won 400 MW offshore photovoltaic orders from Shanghai Electric Power, and BC technology has become the mainstream with high efficiency and reliability, marking the transformation of photovoltaic industry to "technology competition" and high-quality development.

2025-10-22 09:56:44

On October 17, several photovoltaic companies announced that they had won orders involving components, brackets and equipment links.

2025-10-20 18:23:50

(Hereinafter referred to as "Anhui Guosheng New Energy"), a secondary holding subsidiary, plans to invest 230 million yuan in Guosheng Global New Energy (Tieling) Co., Ltd. AI Intelligent Manufacturing Project of Solid-state Battery Industry Chain.

2025-10-15 17:14:37

After half a year, the "dream" of energy storage in the layout of science and technology has been shattered.

2025-10-15 16:52:56

By the end of September this year, Jinlang Science and Technology had realized revenue of 5.663 billion yuan, an increase of 9.71% over the previous year, net profit of 865 million yuan, an increase of 29.39% over the previous year, and non-net profit of 802 million yuan, an increase of 27.32% over the previous year.

2025-10-15 09:18:23

On October 14, the Digital New Energy DataBM. Com learned from the National Enterprise Bankruptcy Restructuring Case Information Network that the Third Intermediate People's Court of Shanghai (hereinafter referred to as the "Third Intermediate Court of Shanghai") issued a notice to terminate the compulsory liquidation procedure of Ruiyi (Shanghai) Photovoltaic Technology Co., Ltd.

2025-10-14 17:35:30

On October 13, Daqo Energy released a record of investor relations activities in September.

2025-10-13 18:23:53

According to the cement output forecast data of 31 provinces and cities in China from January to November, the cement output in China from January to November has a certain scale, and the cumulative output shows a downward trend compared with the same period last year. The output in November also decreased compared with the same period last year and reduced compared with October. The situation varies in different provinces and cities. In terms of cumulative year-on-year, some provinces and cities have a larger decline, such as Shaanxi, which has a more obvious decline. There are also individual provinces and cities that are in a state of growth, such as the growth of Xizang is more prominent. In November, the decline in Tianjin, Shaanxi and other provinces and cities was relatively large, while Shanghai achieved year-on-year growth. Compared with the situation of increasing production in October, Hubei and Guangdong have increased production relatively more, while Inner Mongolia and Xinjiang have reduced production relatively more.