Growatt said it will raise prices for string inverters, hybrid and storage inverters, commercial and industrial (C&I) storage cabinets, and residential storage systems by around 5% to 10% from Oct. 8. The company attributed the adjustment to higher raw-material costs, tighter supplies of some core components and rising manufacturing expenses. Sungrow had already implemented price increases of around 5% to 15% for several categories of solar inverters from Sept. 20.

China South-to-North Water Diversion Group finalized its 2026-27 module framework procurement this week, covering 1.3 GW of products. The tender includes 1 GW of TOPCon modules at an average awarded price of around CNY 0.72 ($0.10)/W and 300 MW of back-contact (BC) modules at about CNY 0.778/W. Longi, Aiko Solar and GCL System Integration were among the winners of the BC lot. The roughly CNY 0.058/W difference gives BC modules an average premium of about 8.1% over TOPCon products under the same procurement framework.

Longi Leye Photovoltaic Technology, a core cell and module subsidiary of Longi, completed a capital increase this week as part of a previously announced CNY 2.4 billion (US$353 million) market-oriented debt-to-equity swap. Its registered capital increased from CNY 3.6 billion to around CNY 4.11 billion, with bank-affiliated financial asset investment companies linked to China Merchants Bank and China CITIC Bank, as well as a fund backed by Shaanxi Financial Asset Management, joining as new shareholders. The transaction gives the manufacturer an additional financing channel to reduce leverage and introduce longer-term capital.

A 600 MW solar desertification-control project in Yecheng county, Xinjiang, has returned to tender after the original engineering, procurement and construction (EPC) winner failed to sign the contract within the required period and lost the award.

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