JA Solar begins 1GW DeepBlue solar modules delivery for Inner Mongolia project
This initiative is a component of China's third phase of wind and solar power base projects and aligns with worldwide carbon neutrality goals, with a focus on ecological restoration in areas susceptible to desertification.
The Suji Sandland PV project will cover more than 42,000 acres and is projected to produce 2.96 billion kWh of electricity each year.
This will result in an annual saving of around 900,000 tonnes of standard coal and a reduction in carbon dioxide emissions by 2.68 million tonnes. The project is expected to be completed this year.
Besides generating power, the project features a pioneering "PV + ecological restoration" approach, utilising under-module planting to establish a micro-ecosystem and fight desertification.
The introduction of JA Solar's DeepBlue 4.0 Pro modules represents a significant advancement in converting barren land into a sustainable clean energy source, aiding the region's shift towards greener practices.
JA Solar executive president Aiqing Yang said: "This project demonstrates how advanced PV technologies contribute to clean energy and ecological recovery in harsh desert environments.
"We are proud that our DeepBlue 4.0 Pro modules are helping turn vast stretches of sand into valuable green assets supporting environmental goals."
The DeepBlue 4.0 Pro module is crafted for dependable performance in harsh environments and has shown promising results in comparable desert projects such as those in the Kubuqi Desert, Ulan Buh Desert, and Horqin Sandy Land.
This module is specifically designed to endure intense ultraviolet radiation, regular sandstorms, and significant temperature variations—challenges that typically threaten photovoltaic projects in desert areas.
Recently, JA Solar delivered 1GW of n-type PV modules for a pilot project being developed as part of the 12GW Ulan Buh Desert Northeast New Energy Base project in China.
"JA Solar begins 1GW DeepBlue solar modules delivery for Inner Mongolia project" was originally created and published by Power Technology, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 days ago
- Yahoo
Tesla's auto revenue drops in Q2 2025
Tesla has reported a 12% year-on-year (YoY) decrease in total revenue for the second quarter (Q2) of 2025, with figures falling to $22.49bn from $25.5bn in the same period last year. The company's Q2 2025 financial results reflect vehicle delivery decline and lower regulatory credit revenue, among other factors. The company sold 384,122 cars in Q2, down 13.5% from the sales total a year ago. Total automotive revenues saw a 16% YoY decrease for a second straight quarter to $16.6bn in Q2 2025. Net income attributable to common stockholders (GAAP) for the quarter also fell by 16% to $1.17bn, while non-GAAP net income saw a 23% decline to $1.39bn. The company's total gross profit dropped by 15% YoY to $3.87bn. Net cash from operating activities decreased by 30% to $2.54bn, and adjusted EBITDA was down 7% at $3.40bn for Q2 2025. Operating expenses also experienced a slight decrease of 1% to $2.95bn. Income from operations plummeted by 42% to $923m, mainly affected by lower regulatory credit revenue, increased operating expenses due to AI and research and development (R&D) projects, and vehicle delivery decline. Tesla has noted in the update letter that its lithium refining and cathode production plants are set to start production in 2025, aiming to onshore the production of critical battery materials in the US. The company is also preparing to start domestic production of its first LFP cells for energy storage products later in 2025. Tesla emphasises a 'capex-efficient' approach to growing vehicle volumes, utilising current production capacity before expanding. The anticipated launch of new vehicles in 2025, including 'a more affordable model' in the first half of the year, remains on schedule. Tesla's Cybercab, a Robotaxi product, is expected to enter volume production in 2026. The company sold 384,122 cars in Q2, down 13.5% from the sales total a year ago. In the first quarter (Q1) revenues 2025, which ended on 31 March, Tesla reported a 20% decline. "Tesla's auto revenue drops in Q2 2025" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Yahoo
Top M&A legal advisers in automotive revealed for H1 2025
A&O Shearman has emerged as the top legal adviser for mergers and acquisitions (M&A) by deal value in the automotive sector for the first half (H1) of 2025, while CMS and Kirkland & Ellis have taken the lead by deal volume, as per data and analytics firm GlobalData's latest legal advisers league table. A&O Shearman advised on automotive M&A deals worth $2.17bn, securing the top spot by value according to GlobalData's Deals Database. CMS and Kirkland & Ellis, each advising on four deals, have co-led the automotive sector in terms of volume. GlobalData lead analyst Aurojyoti Bose said: 'Kirkland & Ellis was the top adviser by volume in H1 2024 and retained the top spot by this metric in H1 2025 as well. Meanwhile, CMS registered an improvement in its ranking by volume from the third position in H1 2024 to the top position in H1 2025. 'Meanwhile, A&O Shearman's ranking by value jumped from eighth position in H1 2024 to the top position in H1 2025 as there was more than a four-fold jump in the total value of deals advised by it during the period. "This jump in value was driven by its involvement in $1.4bn deal for the acquisition of Dowlais by American Axle & Manufacturing. Apart from leading by value, A&O Shearman also held the fifth position by volume in H1 2025.' Cravath Swaine & Moore, Norton Rose Fulbright, and Slaughter and May shared the second spot by value, each advising on a $1.4bn worth deal. Following closely, Cleary Gottlieb Steen & Hamilton advised on a deal valued at $735m, showcasing their ability to handle significant transactions within the industry. In terms of volume, AZB & Partners and Baker McKenzie were tied for the third position, each firm advising on three deals. They were followed by A&O Shearman advising on two deals. GlobalData's league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names. To ensure further robustness to the data, the company also seeks submissions of deals from leading advisers. "Top M&A legal advisers in automotive revealed for H1 2025" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
USA Today
3 days ago
- USA Today
American Eagle launches denim line with Sydney Sweeney to boost Gen Z appeal
American Eagle Outfitters AEO.N surged 10% on Thursday after unveiling a new denim campaign with Sydney Sweeney, as the apparel retailer bets on the "Euphoria" and "The White Lotus" actress to reconnect with Gen Z shoppers and boost sales. The company has partnered with Sweeney for its fall season denim collection that includes a limited-edition denim jacket as well as a "The Sydney Jean." The campaign, called "Sydney Sweeney Has Great (American Eagle) Jeans," is the company's latest effort to revive demand as it navigates muted consumer spending and higher potential costs due to tariffs. Retail industry profits: Tariffs have worried parents starting back-to-school shopping early The retail industry in the United States has been struggling to spur demand as consumers grappling with financial constraints cut back on non-essential buys, including apparel and accessories. In May, American Eagle, which primarily sources from China, pulled its annual forecasts due to tariff uncertainty. "(The campaign) is its bid to stand out more and make some noise. Denim is popular right now, so putting money behind marketing it makes sense for American Eagle," GlobalData managing director Neil Saunders said. The Sweeney partnership is not the first time a celebrity tie-up has helped drive shares of a company. In 2020, Crocs CROX.O shares jumped after singer Justin Bieber teased a collaboration with the shoe maker. American Eagle has previously teamed up with celebrities, including tennis player Coco Gauff and actress Jenna Ortega. "Well-known personalities are always an easier way to tell a story quickly. It is one of the reasons athlete endorsements work so well," BMO Capital Markets analyst Simeon Siegel said. Sweeney's campaign, which launched on Wednesday and is reportedly the company's most expensive campaign to date, will also run across the exosphere of Las Vegas's 3D display orb Sphere. American Eagle's stock was discussed on retail trader-focused social media forums including Stocktwits and Reddit, indicating interest among small-time traders who have driven up shares of retailer Kohl's KSS.N and other highly shorted names in recent days. Short interest in the company, whose shares were trading at $12 on Thursday, stood at 12.2% of public float, according to LSEG data. Reporting by Aishwarya Venugopal and Sruthi Shankar in Bengaluru; Editing by Janane Venkatraman and Shinjini Ganguli
