[SMM PV News] Hongyuan Green Energy Acquires Control of Wuxi Suntech in Restructuring Deal

[SMM Photovoltaic: CORNEX Expands Hubei Footprint with Multi-Base Battery Manufacturing Strategy] CORNEX continues to strengthen its manufacturing presence in Hubei Province through ongoing development of its Wuhan, Xiaogan, and Yichang production bases. Publicly available industry information indicates that CORNEX’s combined planned manufacturing capacity across Hubei has already reached several hundred GWh. CORNEX has disclosed more than 500GWh of planned battery manufacturing capacity globally, with nearly 400GWh concentrated across its Hubei manufacturing cluster, further reinforcing Hubei’s strategic position as a major hub in China’s rapidly expanding new energy battery industry.

Recently, Jinko Solar officially signed a 500MW Tiger Neo 3.0 high-efficiency module supply agreement with its core strategic distribution partner in South Korea. This batch of modules will fully enter South Korea's commercial, industrial, and residential distributed market. As the leader in shipments among non-local brands in the South Korean PV module market, Jinko Solar is once again strengthening its presence in South Korea with the new-generation Tiger Neo 3.0 modules, delivering a definitive solution for higher power generation returns for distributed users in South Korea through ultimate high efficiency, high power, outstanding low-light performance, and industry-leading anti-shading capabilities.

At 23:08 on 24 May 2026, the Shenzhou-23 manned spacecraft was launched from the Jiuquan Satellite Launch Center. The flight crew comprises Zhu Yangzhu, Zhang Zhiyuan, and Li Jiaying. The Shenzhou-23 mission will stay in orbit for approximately six months, rotating with the Shenzhou-21 crew, and will carry out experiments on space life sciences, microgravity physics, and perovskite cells, as well as multiple extravehicular activities. Perovskite cells are third-generation PV cells that use perovskite-structured semiconductor thin films as the light-absorbing layer, directly converting light energy into electrical energy. They feature low cost, ultra-thin and ultra-light design, and high efficiency, and are regarded as the new energy technology most likely to achieve industrialisation. This space experiment will provide efficiency degradation curves under space conditions, and will test and verify the radiation resistance stability and extreme temperature cycling adaptability of perovskite cells.