Chinese language photo voltaic shares tumbled on April 7 after the US authorities introduced new tariffs, with greater than 120 PV-related shares falling and over 85 dropping greater than 10%. Analysts downplayed the influence, citing the US market’s restricted function in world photo voltaic demand.
Vincent Shaw
Shanghai Inventory Change
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Shanghai Inventory Change
Picture: 钉钉, Wikimedia Commons, CC BY-SA 4.0
Chinese language photo voltaic shares fell sharply after the US authorities introduced reciprocal tariffs, with greater than 120 PV-related shares declining in Shanghai and Shenzhen and over 85 dropping greater than 10%. Longi, Tongwei, and JA Photo voltaic hit the ten% every day restrict down, whereas STAR Market-listed firms confronted steeper losses underneath a 20% cap, together with Canadian Photo voltaic (-12.16%), Risen Vitality (-18.9%), GoodWe (-19%), and Sineng Electrical (-20%). In Hong Kong, the place no buying and selling limits apply, Xinyi Photo voltaic fell 19.5% and GCL Expertise plunged 23.2%. A number of firms introduced share buybacks in response. Business specialists instructed pv journal that the selloff could also be exaggerated, arguing the US photo voltaic market stays comparatively small and is unlikely to considerably influence the worldwide PV {industry}. They mentioned they count on a slowdown in US photo voltaic installations in 2025.
Trina Photo voltaic has signed a cooperation settlement with Datong County in Xining, Qinghai province, to develop a 200 MW/800 MWh grid-side vitality storage energy station. The venture, to be inbuilt Beichuan Industrial Park, will cowl about 67,000 sq. meters close to the Huangjiazhai 330 kV substation. It’s going to use Trina Photo voltaic’s lithium iron phosphate battery container storage methods, PCS enhance built-in cabins, a booster station, and different related amenities.
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