In a major policy shift toward electricity market liberalization, China has introduced contract-for-difference (CfD) auctions for renewable plants and removed the energy storage mandate, which has driven up to 75% of national demand to date.
Hengtong Group announced today, on January 7, 2025, that this development marks the launch of “China's first” PV project aimed at ecological remediation of tidal flats. The project integrates PV technology with intelligent control systems to enhance energy conversion and storage.
Wind and solar surpassed a quarter of China's electricity generation for the first time in April 2025. China is the largest market in the world for both photovoltaics (PV) and solar thermal energy. Its PV capacity crossed 1,000 gigawatts.
Chinese companies dominate the latest solar photovoltaic (PV) module manufacturer rankings from Wood Mackenzie and are forecast to have enough module manufacturing capacity by 2027 to meet global demand twice over.
Explore the updated 2026 list of China's top 10 solar companies, including leading PV manufacturers like JinkoSolar and specialists like Grace Solar. Learn about their market focus and key strengths.