Latest news with #Jinko
Business Recorder
29-05-2025
- Business
- Business Recorder
Jinko Solar launches Tiger Neo X20 Panel
LAHORE: Jinko Solar, one of the leading solar brands has launched its latest innovation — the Tiger Neo X20 panel — at a ceremony held at a local hotel. In his opening remarks, Faraz Muhammad Khan, Business Development & Sales Manager, emphasized Jinko Solar's global leadership with a presence in over 200 countries and over 350 GW of modules shipped worldwide. 'Jinko has held the #1 global ranking for six consecutive years, and in Pakistan, it remains the most trusted solar brand,' he noted. Shehan Talagala (Sales Director) and Faizan Hashmi (Key Account Head North) introduced the Tiger Neo X20, powered by HOT 3.0 N-type TOPCon technology. The guest speaker Waqas Mossa, Chairman of the Pakistan Solar Association, praised Jinko's continued support for Pakistan's energy goals. 'This launch shows Jinko's dedication to bringing world-class solar solutions and driving the country toward a sustainable, energy-secure future,' he said. Copyright Business Recorder, 2025
The Irish Sun
22-05-2025
- Business
- The Irish Sun
The ‘family-focused' four-bed home with large manicured gardens on market in busy Irish city for €470,000
A STUNNING family home has hit the Irish market for €470,000 - and it comes with huge perks. Pollnahallia in Belclare is located in Caherlistrane, Co 7 Pollnahallia, Belclare in Caherlistrane, Co. Galway is selling for €470,000 Credit: 7 The home has a large amount of windows to allow natural light in Credit: 7 The home has four bedrooms Credit: The home has four bedrooms and three bathrooms, spanning 181 square metres. The detached It boasts gorgeous views of the countryside, while As a result, the owners will get the perfect blend of idyllic countryside surroundings along with the convenience of the location. READ MORE IN PROPERTY Built in 2001, the Outside, the The home is family-focused, offering a large, bright living space. The four bedrooms are spacious enough for super king or twin beds, and all have custom blackout blinds, built-in storage and oil centrally heated radiators. Most read in Money Upon entering the property, guests are met with a bright and spacious entrance hall with tiled flooring. Also located on the ground floor is a large sitting room. Inside three bed family home on Irish market for €170k on 'generous site,' in 'desirable location' This is complete with a solid fuel open fire, and is next to a bright open-plan living, dining and kitchen space. This area is fitted with large south, west and north-facing windows, allowing a lot of natural light in. The living area has red oak flooring, which turns into large-format cream porcelain ceramic tiles in the kitchen, hallway, utility room and the bathroom downstairs. According to the property listing on this creates a "unified and cohesive finish". The spacious laundry and utility room has built-in storage, and there is also a downstairs bathroom to complete the ground floor. STORAGE Upstairs, the landing is home to a hot press and MyEnergi Eddi solar-powered hot water diverter. A second staircase leads to the attic which has large storage areas. The master bedroom includes a tiled en-suite, which is fully fitted. The main bathroom features an oversized bath, electric shower, and has new tiling. The home has a BER rating of B2, and qualifies for a lower interest rate, Green Mortgage. The property also features 17 Jinko 430W solar panels on the shed roof to the rear of the property, a Huawei 5KTL hybrid inverter (battery ready), and a MyEnergi Eddi immersion diverter for efficient solar-powered water heating. It is also fitted with double-glazed windows that have been upgraded with new airtight seals and hinges, and come with a certified guarantee. GREAT FEATURES There is a pumped cavity wall and attic insulation, dry-lined walls, and hollowcore concrete floors to allow for great heat distribution and sound insulation. The property also has oil-fired central heating, along with water supply and wastewater upgrades. The private septic tank system has recently been upgraded with new percolation piping. To the rear of the home there is a substantial double-cavity, hipped-roof shed divided into three compartments. The first is a large garage which has workspace area with roller door, ample attic storage, built-in shelving, fluorescent lighting, and concrete floor. In the second area you'll find a spacious, skimmed central room with ceiling, shelving and external access making it ideal for a home gym, teenage den, or games room. STUNNING GARDEN The third is a fuel store and turf shed with a roller door, supplied with a trailer load of turf. The driveway is fully tarmacked and spans around the house, and is lined with a raised stone flowerbed in the front garden. All entrances to the shed in the background garden are fully accessible with a wide concrete driveway. The stone flowerbed matches the stone-masoned front wall which has large entrance pillars. The front garden has stunning flowers that have already been planted, with low maintenance carpet roses, shrubs and lavenders. The rear garden offers a large amount of privacy and is bordered by fencing, mature planting, and an authentic west of Ireland stone wall to the back of the site. GREAT LOCATION The back garden also includes a fenced patio area and custom-made picnic table and seating which is perfect for hosting. The home is near a range of amenities, including schools, shops, restaurants and bars. The nearest village is Caherlistrane, which is just 2.5km away. There are a range of 7 The kitchen is very bright and fully fitted Credit: 7 The home is in turn-key condition Credit: 7 There are three bathrooms Credit: 7 There is a large shed split into three different areas Credit:
Business Times
16-05-2025
- Business
- Business Times
China solar firms to speed up global push amid tariff truce
[SHANGHAI] Chinese solar companies will continue their expansion into emerging overseas markets during a 90-day tariff truce between the US and China that brings a more stable trade environment, company executives said at online investor briefings. 'The easing of tariff policies between China and the US is conducive to providing a relatively stable overseas trade environment for the solar and energy storage sector,' said Li Xiande, chairman of Jinko Solar, at the briefing hosted by Shanghai Stock Exchange this week. The company will use the period to pursue 'diversification of global supply chain,' he said. Even before the latest trade war, Chinese solar products bound for the US had faced tariffs for more than a decade. Manufacturers responded by setting up operations in countries that weren't affected by the duties at the time. But US President Donald Trump's sweeping tariffs policies, including duties on solar imports from four South-east Asian countries, mean further relocation will be necessary. Jinko aims to enhance its capacity in the Middle East with a 10-gigawatt solar cell and module project in Saudi Arabia that it's jointly developing with the kingdom's Public Investment Fund and Vision Industries, according to Li. The company saw almost 60 per cent of its products go overseas in 2024, and emerging markets in the Middle East, Africa and South-east Asia grew fast, he said. 'The reciprocal tariffs between the US and China would have relatively small impact as there is basically no direct solar export from China to the US with the existing duties,' said Zhuang Yan, chief executive officer of CSI Solar, at the same briefing. The affiliate of Nasdaq-listed Canadian Solar will 'make good use' of its capacity in South-east Asia and other regions during the 90-day reprieve, while moving some production and procurement to regions with lower tariff costs, he said. CSI is also looking at the Middle East, but Zhuang said the company will prioritise other overseas markets amid fierce competition there. The firm will continue its five-gigawatt solar module project in the US, which is expected to reach designed capacity in the second half of this year and the full-year output is estimated at more than three gigawatts this year, the company's board secretary Xu Xiaoming said at the briefing. Tongwei currently has no plans to build production capacity overseas, although it has been exploring sites in recent years in emerging markets in the Middle East, Asia and Latin America, vice-chairman Yan Hu said at a separate briefing on Friday. BLOOMBERG
Yahoo
30-04-2025
- Business
- Yahoo
China's solar industry remains in red as trade war adds to problems
By Colleen Howe BEIJING (Reuters) -China's solar manufacturers reported losses this week as U.S. President Donald Trump's trade war put further pressure on demand in an industry where top manufacturers were already facing low prices and tariffs on exports to the United States. Top producers Longi Green Energy and JinkoSolar both reported a net loss of 1.4 billion yuan ($193 million) for the first quarter, while losses for peers JA Solar and Trina Solar totalled 1.6 billion yuan and 1.3 billion yuan, respectively. Longi, which also turned in a net loss of 8.6 billion yuan for 2024, told analysts in a call that demand for solar products was expected to be flat year-on-year in 2025. "During the reporting period, solar industry supply chain prices were at a low level, combined with overseas trade policies impacting demand, all segments of the industry were under pressure," said Jinko, where losses increased from 473.7 yuan in the fourth quarter of last year. The company's sales of solar products, including silicon wafer, solar cells and modules, fell 12.68% year-on-year to 19,130 megawatts in the quarter. Jinko said it saw the fastest growth in the Asia Pacific and Africa regions, although China, the U.S. and Europe remain the largest markets. Even before Trump's trade war, in which he has levied 145% tariffs on imports of Chinese goods, Chinese solar exports were facing tariffs in the U.S., the second-biggest solar market after China. As a result, Chinese manufacturers had set up production bases in third countries in Southeast Asia - countries that U.S. manufacturers later targeted with trade cases alleging they were flooding the market with cheap goods. In response to one of those cases, the U.S. last week finalised tariffs of as high as 3,500% on solar products from Chinese solar manufacturers with factories in Malaysia, Cambodia, Thailand and Vietnam. The U.S. made up about 5% of Jinko's sales in the quarter, it said in its investor call. In addition to solar products, tariffs were also making it prohibitively expensive to sell battery storage systems to the U.S., Jinko told investors. Meanwhile, CSI Solar, a NASDAQ-listed subsidiary of China's Canadian Solar, plans to accelerate the relocation of manufacturing to low-tariff regions and is negotiating with major clients and suppliers to reasonably share tariff costs, it said in a filing with the U.S. Securities and Exchange Commission on Monday. At the same time, CSI said it was preparing for potential U.S.-China negotiations and the adjustment of tariffs to a more reasonable range, while also pursuing tariff exemptions for some products. Sign in to access your portfolio
Reuters
30-04-2025
- Business
- Reuters
China's solar industry remains in red as trade war adds to problems
Summary Companies Longi, Jinko both report Q1 net loss of 1.4 billion yuan Losses hit 1.6 billion yuan for JA Solar, 1.3 billion for Trina US-China trade war adding to price, tariff pressures BEIJING, April 30 (Reuters) - China's solar manufacturers reported losses this week as U.S. President Donald Trump's trade war put further pressure on demand in an industry where top manufacturers were already facing low prices and tariffs on exports to the United States. Top producers Longi Green Energy ( opens new tab and JinkoSolar ( opens new tab, (JKS.N), opens new tab both reported a net loss of 1.4 billion yuan ($193 million) for the first quarter, while losses for peers JA Solar ( opens new tab and Trina Solar ( opens new tab totalled 1.6 billion yuan and 1.3 billion yuan, respectively. Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch newsletter. Sign up here. Longi, which also turned in a net loss of 8.6 billion yuan for 2024, told analysts in a call that demand for solar products was expected to be flat year-on-year in 2025. "During the reporting period, solar industry supply chain prices were at a low level, combined with overseas trade policies impacting demand, all segments of the industry were under pressure," said Jinko, where losses increased from 473.7 yuan in the fourth quarter of last year. The company's sales of solar products, including silicon wafer, solar cells and modules, fell 12.68% year-on-year to 19,130 megawatts in the quarter. Jinko said it saw the fastest growth in the Asia Pacific and Africa regions, although China, the U.S. and Europe remain the largest markets. Even before Trump's trade war, in which he has levied 145% tariffs on imports of Chinese goods, Chinese solar exports were facing tariffs in the U.S., the second-biggest solar market after China. As a result, Chinese manufacturers had set up production bases in third countries in Southeast Asia - countries that U.S. manufacturers later targeted with trade cases alleging they were flooding the market with cheap goods. In response to one of those cases, the U.S. last week finalised tariffs of as high as 3,500% on solar products from Chinese solar manufacturers with factories in Malaysia, Cambodia, Thailand and Vietnam. The U.S. made up about 5% of Jinko's sales in the quarter, it said in its investor call. In addition to solar products, tariffs were also making it prohibitively expensive to sell battery storage systems to the U.S., Jinko told investors. Meanwhile, CSI Solar ( opens new tab, a NASDAQ-listed subsidiary of China's Canadian Solar, plans to accelerate the relocation of manufacturing to low-tariff regions and is negotiating with major clients and suppliers to reasonably share tariff costs, it said in a filing with the U.S. Securities and Exchange Commission on Monday. At the same time, CSI said it was preparing for potential U.S.-China negotiations and the adjustment of tariffs to a more reasonable range, while also pursuing tariff exemptions for some products.
