DBM Video: JinkoSolar: PV Market Hits Bottom This Year! Withdrawal of 20-30% of production capacity from the market next year

Recently, JinkoSolar said at the performance presentation: JinkoSolar judges that the PV market demand will hit the bottom in 2026. Because of the advancement of electricity market reform, the investment model of power investors and the recognition of the new power system need to undergo a process of reconstruction.

2026-08-28 17:20:09

In the first half of the week, five component companies raised their quotations, but this round of price increases may not be sustainable. It is more like the delayed realization of the early cost push, because the two pillars of "cost" and "demand" that really support the price increase have been loosened.

2026-08-27 18:00:23

On August 26, Deye, the leading inverter company, released its semi-annual report for 2026. In the first half of the year, the company achieved an operating income of 10.641 billion yuan, an increase of 92.23% over the previous year, and a net profit of 2.717 billion yuan, an increase of 78.53% over the previous year; Among them, the inverter products achieved an operating income of 5.132 billion yuan, an increase of 94.09%, accounting for 48.36% of the main business income; the energy storage battery pack products achieved an operating income of 4.894 billion yuan, an increase of 244.12%, accounting for 46.12% of the main business income.

2026-08-27 15:39:53

On August 25, China Datang Corporation Limited purchased the lithium iron phosphate battery energy storage system in 2026-2027, with an estimated total capacity of 5 GWh. Among them, the 0.5C system is 1 GW/GWh and the 0.25C system is 0.75 GW/3 GWh, including 80% of the grid-following system and 20% of the grid-forming system.

2026-08-27 15:37:34

On August 20, the People's Government of Wuyao Town, Rugao City, Jiangsu Province and the East China District of CECEP Solar Energy formally signed the investment cooperation agreement of "CECEP Rugao Wuyao 120MW Fishing-photovoltaic Complementary Power Generation Project".

2026-08-27 14:51:10

On August 26, PR Newswire reported that JinkoSolar Holdings Limited (NYSE: JKS) announced that Li Xiande resigned as CEO and was replaced by Du Wei, both of whom took office on the same day.

2026-08-27 10:43:48

On the morning of August 26, the official website of the Bureau of Ecology and Environment of Yichun City, Jiangxi Province, issued an information note, revoking the announcement of the proposed acceptance of the environmental impact report of the Lithium-mining project under the Ningde Times issued on August 17.

2026-08-26 17:13:59

On the evening of August 24, TCL Electronics announced that it was considering to realize the independent listing of its photovoltaic business sector through distribution in kind, so as to focus on the global smart home appliances business sector and make the strategic development direction clearer. In addition, the separate listing will enable the photovoltaic business to implement the independent development strategy and broaden the financing channels.

2026-08-26 15:02:06

On August 22, the 2026 Green Computing Conference was held in Hohhot, where 13 key projects, including computing collaboration and data centers, were signed in Inner Mongolia, with a total investment of 136.1 billion yuan.

2026-08-26 11:04:23

On August 20, the Shanxi Development and Reform Commission issued a notice to adjust and announce the provincial key projects in 2026, adding 23 energy projects and withdrawing 16 projects.

2026-08-25 10:52:42

On August 20, Inner Mongolia Daqin New Energy Technology Co., Ltd. issued a tender announcement for 300 MW/1200 MWh independent new energy storage project (EPC).

2026-08-24 16:01:36

On August 18, Sichuan Ganzi Prefecture Litang Block 3 Gaocheng Photovoltaic Project Construction and Installation Project Bid II was officially started.

2026-08-22 10:30:19

On August 20, Beijing Guozong Green Energy Integrated Energy Service Co., Ltd. announced the tender announcement for the project of centralized procurement supplier of lithium iron phosphate electrochemical energy storage system equipment in the second half of 2026. The source of project funds is self-financing of 2 billion yuan, and the tenderer is Beijing Guozong Green Energy Integrated Energy Service Co., Ltd.

2026-08-21 16:41:11

On August 18, Huaneng Guanyun 500MW Offshore Photovoltaic Project (Area G1-2) was successfully filed.

2026-08-21 10:30:39

Of the 16 projects that cancelled the construction plan, five involved all-vanadium flow energy storage technology, four designed sodium-ion energy storage technology, and one flywheel energy storage.

2026-08-21 09:28:39

In the first half of the week, Tongwei took the lead in launching the second round of price adjustment of components, with the highest increase of 3 cents per watt, which is also the largest price adjustment in this round of market.

2026-08-20 17:16:53

On August 19, Yiwei Lithium Energy disclosed its semi-annual report for 2026, which realized business income of 45.691 billion yuan during the reporting period, an increase of 62.20% over the same period last year. Net profit of 3 billion 301 million yuan, an increase of 105.66% over the same period.

2026-08-20 15:11:44

On August 18, the EPC tender for the 660 MW/3960 MWh compressed air energy storage power station project in Jiyuan, Henan, was tendered by Jiyuan Hengdong Energy Storage Technology Co., Ltd.

2026-08-20 11:05:53

On the evening of August 18, Atlas announced that the patent lawsuit related to TOPCon battery technology, which lasted for two and a half years with Maxeon Solar Energy Company of the United States, was settled in favor of Atlas Group.

2026-08-20 10:30:18

On August 17, the EPC general contracting project of 400000 kilowatt photovoltaic project in Hutubi, Changji, Xinjiang was tendered publicly.

2026-08-19 16:30:59

On August 18, Jilin issued a draft of guidance for the coordinated development of computing and electricity to promote the construction of an integrated park of wind and solar energy storage and computing power, with a supporting energy storage time of no less than 2 hours. Promote the joint operation of digital power, encourage the deep cooperation between computing power and new energy enterprises, and establish the linkage mechanism of electricity price.

2026-08-19 15:40:19

On August 11, Yongshan Branch of Zhaotong Eco-environmental Bureau of Yunnan Province issued a public announcement on the proposed review of the EIA documents of Huanghua Photovoltaic Power Generation Project.

2026-08-19 11:38:49

On August 18, Desai Battery released the semi-annual performance report for 2026. In the first half of 2026, the company achieved an operating income of 10.716 billion yuan, an increase of 9.78% over the previous year; a net profit of 205 million yuan, an increase of 110.44% over the previous year; a non-net profit of 171 million yuan, an increase of 157.32% over the previous year.

2026-08-19 11:08:35

On August 17, the semi-annual report of 2026 released by Rongjie Co., Ltd., the leader of lithium concentrate, showed that in the first half of the year, the company realized operating income of 1.524 billion yuan, an increase of 402.35% over the previous year, and realized net profit of 1.002 billion yuan belonging to shareholders of listed companies, an increase of 1076.14% over the previous year.

2026-08-18 17:07:11

On August 17, the website of Yichun Bureau of Ecology and Environment published the environmental impact report of Yichun Times New Energy Mining Co., Ltd.

2026-08-18 15:19:42

On August 12, the yuanguang Complementary Photovoltaic Project in Nankang District, Ganzhou City, Jiangxi Province was put on record.

2026-08-18 15:03:07

Recently, the fifth batch of typical cases of ecological environment damage compensation in Chongqing were officially released, including the case of illegal destruction of trees by a clean energy company in Pengshui County.

2026-08-18 11:30:02

On August 14, Haofang 300 MW/1200 MWh independent energy storage power station EPC tender in Dongying City, Shandong Province, with a planned investment of 1.2 billion yuan and a unit price of 1 yuan/Wh. The tenderer is Dongying Haofang New Energy Technology Co., Ltd.

2026-08-18 11:05:56

Recently, the Quxian Development and Reform Bureau of Dazhou City, Sichuan Province, issued the Notice on Temporary Suspension of Distributed Photovoltaic Project Filing.

2026-08-17 17:30:44

On August 13, Jinda Hongjing Shache County's 1 million kilowatt photovoltaic sand control project (EPC) issued a tender announcement, but only one day later, the project suddenly announced its termination because of the cancellation of the procurement plan.

2026-08-17 17:00:38

On August 14, Shengxin Lithium Energy announced that the company's application for issuing shares to specific targets was accepted by the Shenzhen Stock Exchange.

2026-08-17 15:52:12

In the past month, about 12 photovoltaic projects have been started, with a scale of more than 2.27 GW, involving Datang Group, Huaneng, Jingneng Power, China Energy Construction, China Power Construction, Sunshine Power and other enterprises. Among them, 4 projects in Southeast Asia totaled 821.92 MW.

2026-08-17 11:27:56

On August 14, China Nengjian announced the successful candidates for the centralized procurement of lithium iron phosphate battery energy storage system in 2026. According to the tender announcement, the total scale of the four bidding sections was 30 GWh, and 39 enterprises were shortlisted.

2026-08-17 11:15:29

On August 11, the official of Jinneng Science and Technology announced that the company had fully resumed production after optimizing the process of TOPCon battery production line on August 8. This time, the two key processes of texturing and metallization were optimized, covering 8 production lines and 7 key processes.

2026-08-14 17:07:20

On August 13, the Taizhou Bureau of Ecology and Environment issued the first announcement of the ecological environmental impact assessment of the project of Tianzhi Material (Taizhou) Co., Ltd. with an annual output of 160000 tons of high-pressure solid lithium iron phosphate.

2026-08-14 17:02:08

On August 13, Jinda Hongjing Shache County's 1 million kilowatt photovoltaic sand control project (EPC) tender announcement was issued, and the tenderer was Jinda Hongjing (Shache) New Energy Technology Co., Ltd.

2026-08-14 15:52:52

On August 5, Huaneng New Energy Sichuan Company and the People's Government of Luquan Yi and Miao Autonomous County, Kunming, Yunnan, successfully signed the investment and development agreements of Dahaizi Photovoltaic Power Generation Project, Chahe Photovoltaic Power Generation Project and Jiangtou Village Photovoltaic Project.

2026-08-14 13:09:42

Recently, Sunshine Power has successfully won an order for the Observatorio project energy storage system from Verano Energy, an independent power developer in Chile, with a project scale of 152 MW/606 MWh.

2026-08-14 11:13:24

Old iron, after Tongwei rose last week, seven manufacturers raised their quotations in the first half of the week. This round of price increase is mainly due to the price increase of silicon wafers and batteries, the downward transmission of upstream raw material cost pressure, and the gradual landing of component-side price adjustment this week.

2026-08-13 17:20:59

On August 11, the tender announcement for the procurement of lithium iron phosphate battery energy storage system equipment for the 300 MW/1200 MWh energy storage power station project in Chengde County, Hebei Province was officially issued. The tenderer is Hebei Jiaotong Detai New Energy Technology Co., Ltd.

2026-08-13 16:10:06

On August 12, Haining Picheng announced that its wholly-owned subsidiary, Haining Picheng New Energy Development Co., Ltd., intends to acquire 100% equity of 38 photovoltaic companies affiliated to Zhejiang Shengmao, Haining Juhui and Haining Xinjie with 226 million yuan in cash, and has signed relevant equity transfer agreements on August 11.

2026-08-13 15:02:59

Recently, Shijiazhuang, Tangshan, Qinhuangdao, Baoding, Zhangjiakou, Hengshui, Chengde, Langfang and other eight places in Hebei Province have issued opinions on the investigation and disposal of independent energy storage projects.

2026-08-13 11:39:01

On August 11, the change announcement of Mingte 700 MW Photovoltaic Power Generation Project (Phase I 300000 kW) in Fuping County, Baoding City, Hebei Province was issued. In the original bidding documents, "not accepting consortium bidding" is adjusted to "accepting consortium bidding".

2026-08-13 11:33:14

On the evening of August 11, Hekang Xinneng disclosed its plan to raise additional capital by issuing a shares to indirect controlling shareholder Mei Group, with the amount of capital raised not exceeding 1.652 billion yuan. It will invest in the R & D and industrialization of photovoltaic grid-connected inverters, high-voltage inverters, household energy storage and other projects, as well as the construction and R & D projects of distributed photovoltaic power plants.

2026-08-12 16:40:33

On August 11, the tender announcement for EPC general contracting of 500 MW/2000 MWh grid-side independent shared energy storage demonstration project in Qixiang, Zhongning, Xingchu was issued. The tenderer is Xingchu New Energy (Zhongning County) Co., Ltd.

2026-08-12 15:36:52

Trina Solar Predict Domestic demand in the second half of this year will be significantly better than that in the first half, and overseas demand is expected to continue to grow.

2026-08-12 11:34:47

On August 10, ContourGlobal, an international independent power producer, announced that it had signed a 3 GWh battery energy storage system supply agreement with Ningde Times.

2026-08-12 11:09:33

On August 10, the Central China Branch of Beijing Jingneng Clean Energy Power Co., Ltd. officially started construction of the 100m W fishing-photovoltaic complementary photovoltaic project in Wangji Town, Siyang County, Suqian City, Jiangsu Province.

2026-08-11 17:30:43

On August 11, China Mineral Resources announced that Jiangxi Zhongkuang Lithium Industry, a wholly-owned subsidiary of the company, had temporarily stopped production and maintenance of two high-purity lithium salt production lines since June 30 due to the mismatch between the transportation cycle of its own lithium concentrate and the production scheduling of its own salt plant.

2026-08-11 15:03:39

On August 10, Trina Solar announced that Gao Jifan, the company's actual controller, and Jiangsu Panji, a concerted actor, intend to reduce their total holdings of 36.3 million shares through inquiry transfer, accounting for 1.55% of the total equity, on the grounds of "their own capital needs".

2026-08-11 13:51:58