Aiko Solar stated it recorded a pointy decline in internet revenue and income for the primary half of 2024. The firm attributed the losses to a number of asset impairments. The firm reported a 232% improve in gross sales of p-type PERC and n-type ABC modules, which reached a complete of 12.84 GW and 1.62 GW, respectively, whereas citing a number of impairments of the asset as a contributing issue to its losses.

Mr. Solis stated it posted a 43.84% decline in internet revenue to CNY 352 million ($49.6 million) within the first six months of this yr, regardless of a 3.20% improve in income to CNY 3.355 billion. The firm additionally famous a major soar in prices for the reporting interval.

GoodWe stated its internet revenue fell sharply as income declined within the first half of 2024. The firm stated gross sales of inverters fell practically 34% to about 278,500 models, the storage inverters fell 81% to just about 22,600 models, and storage battery gross sales fell 45% to about 132 MWh within the January-June interval. R&D funding elevated by 24% to CNY 265 million, whereas overseas income decreased considerably to 35% of whole income from 75% in the identical interval final yr.

Autowell stated it had secured a CNY 900 million contract to produce PV manufacturing tools, together with monocrystalline furnaces, to an unspecified abroad photo voltaic firm. It stated it has accomplished all the mandatory procedures and won’t disclose the id of the counterparty, with supply anticipated to enhance its efficiency in 2025.

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