Chinese PV Industry Brief: TCL acquires Zhonghuan, distributed-generation PV soars
Tianjin Zhonghuan Semiconductor has been acquired by TCL, as the Chinese consumer electronics manufacturer won an auction to buy shares of its parent, state-owned Zhonghuan Electronic Information Group. TCL said it plans to split the Shanghai-listed solar manufacturer into three companies. It will inject more than RMB2 billion ($285.8 million) to help Zhonghuan develop its semiconductor and PV businesses.
China’s National Energy Administration (NEA) said on Wednesday that new residential PV installations hit 767.5 MW in June – a monthly record. The statistics are based on data from all provincial energy administrations except Tibet. Shandong province again took the lead with 330 MW of additions, followed by Hebei province with 168 MW of new PV capacity. The NEA said China’s cumulative installed residential PV capacity had reached 2.04 GW by the end of June.
Datang Group announced the results of its strategic purchase of PV module products for fiscal 2020-21, with Longi, JA Solar, Trina Solar, JinkoSolar and Risen Energy emerging as the winners. The state-owned group plans to buy about 5.5 GW in total, including 4.2 MW pf normal purchases and 1.3 GW of reserve purchases.
Solargiga provided a brief first-half update this week by signaling expectations for an unaudited jump in revenue from RMB1.84 billion in the first six months of last year to RMB2.6 billion this year. Its volume of external shipments of silicon ingots, wafers, cells and modules also rose from 1.6 GW to 2.86 GW in the first half, the Hong Kong-listed solar manufacturer said.
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[…] Zhonghuan Semiconductor has raised the price of 218.2 mm wafers by 1.1% to CNY 9.88 each. G12 (210 mm) wafers sell for CNY 9.15 each, while M10 (182 mm) wafers are now being sold for CNY 6.87 per unit, up CNY 0.08. M6 (166 mm) wafers registered the lowest increase of CNY 0.06, hitting CNY 5.7 per piece. […]
[…] manufacturer Zhonghuan Semiconductor has signed an agreement with the government of Hohhot City, Inner Mongolia, to set up a 120,000 MT […]
[…] manufacturer Zhonghuan Semiconductor has increased the prices of all its 170 um-thick solar wafers. The price for G1 products (158.75 […]
[…] manufacturer Zhonghuan Semiconductor has signed an agreement with the government of Hohhot City, Inner Mongolia, to set up a 120,000 MT […]
[…] manufacturer Zhonghuan Semiconductor has increased the prices of all its 170 um-thick solar wafers. The price for G1 products (158. 75 […]
[…] manufacturer Zhonghuan Semiconductor has increased the prices of all its 170 um-thick solar wafers. The price for G1 products (158.75 […]
[…] manufacturer Zhonghuan Semiconductor has increased the prices of all its 170 um-thick solar wafers. The price for G1 products (158.75 […]
[…] manufacturer Zhonghuan Semiconductor has decreased the prices of some of its solar wafers, a few days after competitor Longi made the […]
[…] manufacturer Zhonghuan Semiconductor has decreased the prices of some of its solar wafers, a few days after competitor Longi made the […]
[…] producer Zhonghuan Semiconductor has released the new product prices for May and all prices were raised, compared to the previous […]
[…] producer Zhonghuan Semiconductor has released the new product prices for May and all prices were raised, compared to the previous […]
[…] TCL is extending its transfer to rooftop solar by 2 yrs, carrying out a successful pilot scheme. The strategy involves TCL installing rooftop PV panels for residential and commercial customers, arranging third-party finance, and dealing directly with customers. The pilot scheme, arranged between TCL Electronics Holdings and parent TCL Holdings, was because of run before end of the year, but will now continue before end of 2024, TCL Electronics said the other day. […]