Chinese PV Industry Brief: Tongwei plans 16 GW PV cell factory

Tongwei has signed an agreement with the government of Meishan City, China’s Sichuan province, to build a 16 GW solar cell manufacturing facility. The company will invest CNY 5 billion ($693.8 million) in the new factory, with construction set to start in the third quarter.

TCL Zhonghuan has further reduced its wafer prices. The company is now selling 182 mm p-type silicon wafers for CNY 2.85 each, down 25% from the previous price release. It is also selling 210 mm p-type wafers for CNY 3.77 and 218 mm p-type products for CNY 4.07. Its n-type products include 182 mm wafers for CNY 3.87 and 210 mm n-type wafers for CNY 3.72.

China Three Gorges Group has announced a centralized procurement plan for PV modules for 2023, with an estimated total capacity of 5 GW, and a procurement plan for inverters, with an expected capacity of 3 GW. The modules will have a power range of 570 W to 660 W while the inverters will have an output of over 300 kW.

JA Solar says that it expects a net profit ranging from CNY 4.2 billion to CNY 4.9 billion for the first half of this year, representing growth of up to 187.95% compared to the same period a year earlier.