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GoodWe, Haitai Solar, and Other PV Firms Release 2025 Financial Projections

ENERGY STORAGESOLAR ENERGY

On January 29, five photovoltaic (PV) companies, including GoodWe and Haitai Solar, announced their 2025 performance forecasts. GoodWe expects a net profit of RMB 125 million to RMB 162 million, recovering from a loss of RMB 61.81 million last year, driven by increased sales from domestic PV installations and energy storage subsidies in Australia.

Haitai Solar projects a loss of RMB 580 million to RMB 680 million, a significant decline from a profit of RMB 182 million, due to supply-demand mismatches and low capacity utilization. Kibing Group anticipates a net profit of RMB 550 million to RMB 670 million, marking a year-on-year increase, despite a projected decrease in profit after non-recurring gains.

Gaoce forecasts a loss of RMB 35 million to RMB 48 million, with ongoing low product prices affecting performance. MedicalSystem projects a profit of RMB 39 million to RMB 44 million, reversing last year's loss, attributed to asset disposal and restructuring.

GoodWe, Haitai Solar, and Other PV Firms Release 2025 Financial Projections
Jan 31, 2026, 6:12 AM

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