In other news, Shenzhen Energy’s subsidiary Sunon Asogli Power (Ghana) Ltd. plans to invest $34 million in a 50 MW solar project in Ghana’s Savannah Region, marking the company’s first overseas solar investment. Meanwhile, Dinto Solar secured a 1 GW HJT module supply lot in China Datang Group’s 11 GW PV module framework tender. In China’s upstream market, polysilicon and wafer prices continued to decline amid weak demand, rising inventories, and cautious downstream purchasing, with manufacturers maintaining relatively stable but subdued operating rates.

China added 72.07 GW of new solar capacity in the first half of 2026, down 66.04% year on year, according to data released by the National Energy Administration (NEA) on July 22. China installed 12.48 GW of new solar capacity in June, down 13.09% from 14.36 GW in the same month last year. By the end of June, the country’s total installed power generation capacity had reached 4.04 TW, up 10.8% year on year. Solar capacity totaled 1.27 TW, up 15.8%, while wind power capacity reached 680 GW, an 18.5% increase.

Shenzhen Energy said on July 22 that its subsidiary Sunon Asogli Power (Ghana) Ltd. plans to invest $34 million in a 50 MW solar project in Ghana’s Savannah Region. The project will be located in the Central Gonja District and will use 540 W bifacial monocrystalline PV modules and 300 kW string inverters. It will also include grid-connection infrastructure, including main transformers, 161 kV outdoor distribution equipment, 34.5 kV switchgear, and SVG systems. The plant is expected to connect to the existing 161 kV transmission network through a T-connection. Shenzhen Energy said the project marks its first overseas solar investment.