Chinese PV Industry Brief: JinkoSolar appoints new CEO

<p class="p1"><span class="s1">JinkoSolar has appointed Cao Haiyun as chief executive, while PowerChina has shortlisted 26 suppliers for a 31 GW solar module tender for 2026.</span></p><p class="font-claude-response-body break-words whitespace-normal leading-[1.7]"><a href="https://www.pv-magazine.com/2025/06/25/jinkosolar-achieves-world-record-efficiency-of-27-02-for-topcon-solar-cell/" rel="noopener" target="_blank"><strong>JinkoSolar</strong></a> has appointed Cao Haiyun as CEO following the departure of Chen Kangping, who stepped down from the role and was elected vice chairman of the board while remaining a director. The company also named Jiang Rui as vice president and board secretary, and Chang Chen as CFO. JinkoSolar said the changes are part of a broader effort to strengthen management structure and succession planning, and do not affect its controlling shareholders or board composition.</p>
<p class="font-claude-response-body break-words whitespace-normal leading-[1.7]"><strong><a href="https://www.pv-magazine.com/2025/12/15/chinese-pv-industry-brief-powerchina-launches-31-gw-solar-procurement/" rel="noopener" target="_blank">PowerChina</a></strong> has shortlisted 26 Chinese suppliers for its <a href="https://www.pv-magazine.com/2025/12/15/chinese-pv-industry-brief-powerchina-launches-31-gw-solar-procurement/" rel="noopener" target="_blank">2026 centralized PV module procurement tender</a>, which totals 31 GW. The tender comprises 24 GW of n-type tunnel-oxidized passivated contact (TOPCon) modules, 3 GW of n-type heterojunction (HJT) modules, and 4 GW of back-contact (BC) modules. Shortlisted suppliers include Trina Solar, Longi, and GCL SI. Bid prices ranged from CNY 0.735 ($0.11)/W to CNY 0.748/W for TOPCon, CNY 0.737/W to CNY 0.780/W for HJT, and CNY 0.735/W to CNY 0.748/W for BC modules.</p>
<p class="font-claude-response-body break-words whitespace-normal leading-[1.7]"><strong><a href="https://www.pv-magazine.com/2023/11/24/chinese-pv-industry-brief-polysilicon-prices-continue-to-slide/" rel="noopener" target="_blank">The China Non-Ferrous Metals Industry Association</a></strong>&#8216;s (CNMIA) silicon branch has reported that polysilicon prices continued to fall as of March 18. N-type re-feed polysilicon traded at CNY 42,000 to CNY 45,000 per metric ton (MT), averaging CNY 43,200/MT, down 4.42% week on week. N-type granular silicon averaged CNY 44,000/MT. The association attributed the decline to high upstream inventories, reduced order activity, and cautious downstream sentiment.</p>
<p class="font-claude-response-body break-words whitespace-normal leading-[1.7]"><a href="https://www.pv-magazine.com/2025/12/03/canadian-solar-consolidates-us-manufacturing-assets/" rel="noopener" target="_blank"><strong>Canadian Solar</strong></a> has reported a net loss of $104.1 million for full-year 2025, on revenue of $5.60 billion and gross profit of $1.03 billion. The company shipped 24.3 GW of modules and a record 7.8 GWh of energy storage systems during the year. For the first quarter of 2026, Canadian Solar guided revenue of $900 million to $1.1 billion and a gross margin of 13% to 15%, and projected full-year US module shipments of 6.5 to 7.0 GW and storage shipments of 4.5 to 5.5 GWh.</p>
<p class="font-claude-response-body break-words whitespace-normal leading-[1.7]"><strong>Shanghai Electric</strong> has said it will terminate its planned acquisition of a 66.40% stake in K-Electric Ltd. from KES Power Ltd., a transaction previously valued at $1.77 billion. The company cited the counterparty's failure to meet closing conditions and changes in Pakistan's business environment as reasons for the decision.</p>