This week saw prices in the polysilicon segment, and further downstream, rise again, with no end in sign. National Energy Agency statistics show a slowdown in installations for the second consecutive month in September. Manufacturers, however, continue to purchase components and materials in the expectation that prices will rise even further.
This week, Shuangliang Eco-Energy has signed a multi-year sales contract for delivery of its PV wafers to solar cell manufacturer Jiangsu Runergy, and Wuxi-based perovskite start-up UtmoLight Technology has won a Pre-A round investment of RMB 220 million from several private equity funds.
China’s president has detailed plans to accelerate the planning and construction of large-scale wind and PV projects in desert areas, while Wuxi Shanghai announced new granular silicon and nano-silicon production capacity expansions.
Luoyang Glass is planning to deploy two solar glass production lines with an annual capacity of 1,200 tons each and wafer maker Wuxi Shangji has secured a big supply agreement from Longsheng New Energy. Furthermore, Tongwei has reported increasing profits driven by its polysilicon business.
In the following interview, pv magazine’s China correspondent Vincent Shaw talks to Li Kui, Vice President, Global Sales and Marketing at Sunways about the PV inverter products it will unveil at this year’s Intersolar Europe, inverter trends, and the plans it has for 2022.
A combination of booming demand for coal-fired power and a shortage of the black stuff – exacerbated by a political row with Australia – have forced up prices to the extent fossil fuel generators are making a loss on every unit of electricity they produce. pv magazine‘s Vincent Shaw considers the potential solutions.
Wind power specialist Mingyang Smart Energy has revealed plans to build a 5 GW heterojunction module factory in China’s Jiangsu province, while TBEA has said it intends to raise its majority stake in Xinte Energy from 62% to 67%.
The 2 GW plant is expected to be connected to a storage facility with a capacity of 300 MW/600 MWh. Elsewhere, manufacturers Longi, Jinko, Trina Solar and Chint were the winners of a 5.5 GW solar panel procurement tender held by the China Energy Investment Corporation.
Shuangliang Eco-Energy has agreed to buy a total of 134,950 MT of polysilicon from two different manufacturers. Furthermore, the Chint group said it wants to deploy another 3 GW of rooftop solar and PV InfoLinks reported on rising glass prices.
The manufacturer has raised the cost of all its products. Elsewhere, Xinyi is planning to deploy 5 GW of solar in Heilongjiang province and the China Electricity Council has reported the nation added 22 GW of solar in the first eight months of the year.
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