China Great Wall: In March, the solar Industry in China showed signs of stabilization and recovery, with the Power Inverter expected to recover first.

After a year of adjustment in the Industry, 2024 may mark the bottom of profitability. The Power Inverter is expected to recover first due to technological barriers, and the supply-demand rebalancing will optimize the competitive landscape.

Zhitong FinanceApr 22 04:37 ET

Pacific Securities: The Quote for The Pacific Industry Chain in the photovoltaic sector is accelerating downward.

With the end of inventory preparation, the Quote in the photovoltaic Industry Chain is accelerating to loosen, due to significant price drops in the downstream market and an increased shipping intention from some leading Polysilicon manufacturers, the price of Block Orders for Polysilicon is rapidly declining, approaching mainstream cash costs.

Zhitong FinanceApr 22 02:48 ET

CICC: The prices in the solar Industry Chain have reached a peak in this stage. Pay attention to the rhythm of changes in the fundamentals.

The new and old cut-off points for industrial and commercial photovoltaics as well as market-oriented trades are approaching, and some segments have seen a certain phenomenon of rush deliveries. Additionally, as the plentiful water period gradually approaches, there is an increasing expectation of falling prices in the market, and the Futures of Polysilicon have shown a clear downward trend recently.

Zhitong FinanceApr 22 01:38 ET

[Brokerage Focus] CITIC SEC: The USA's tariffs on China have sharply increased, but photovoltaic exports have already become desensitized.

Based on Jinwu Financial News | CITIC SEC stated that the USA's "reciprocal tariffs" are fierce but lack endurance. Meanwhile, China's photovoltaic industry has become desensitized to high tariffs such as the "double anti," 301, and 201 over the long term. It mainly achieves indirect exports to the USA through overseas bases in Southeast Asia. Although the impact of the "tariff war" has caused the costs of Chinese photovoltaic manufacturers' overseas production capacity to rise and squeezed profits further, they may still have a relative advantage compared to the high manufacturing costs in the USA. The process of bringing photovoltaic manufacturing back to the USA is full of uncertainty and is unlikely to change the predicament of dependency on imported photovoltaic products in the medium term.

Jingu Financial NewsApr 21 20:52 ET

Some Xinyi Solar Holdings Limited (HKG:968) Shareholders Look For Exit As Shares Take 27% Pounding

Simply Wall StApr 17 18:51 ET

National Energy Administration: In March, the National Energy Administration issued 0.174 billion green certificates, a year-on-year increase of 9.39 times.

In March 2025, a total of 0.118 billion green certificates were traded nationwide, among which 21.87 million were for China Green Electricity Investment Of Tianjin. From January to March 2025, a total of 0.2 billion green certificates were traded nationwide, with 60.44 million of them for China Green Electricity Investment Of Tianjin.

Zhitong FinanceApr 17 03:33 ET