TW Solar announced it will invest around $1.48 billion in a new integrated solar module manufacturing facility in Chengdu City. Meanwhile, Jinkosolar began to buy new production equipment for its expansion plans from Wuxi Autowell.
China reached 380 GW cumulative installed PV capacity at the end of April, according to new figures from the National Energy Administration (NEA).
TCL Zhonghuan reduced its wafer prices by between 16% and 24%, while its competitor Gokin Solar is raising funds to build additional ingot and wafer capacity. Meanwhile, TW Solar announced a 3.4 GW solar plant across 52 fishponds.
Longi said today it cut the prices of its wafer products by 30% and Trina announced it will build a 25 GW monocrystalline ingot factory in the Sichuan province. Furthermore, the National Bureau of Statistics (NBS) revealed that the Chinese PV industry produced 39.92 GW of solar cells in April, and Datang Group unveiled the results of a tender to procure 8 GW of solar panels.
The world’s largest solar event has expanded to accommodate the remarkable growth of China’s PV industry, which remains unfazed by future oversupply and international competition. Analysts and market players say Chinese PV demand could reach 130 GW.
The new series comes in seven versions, with power outputs between 560 W and 590 W. The power conversion efficiency ranges between 21.7% and 22.8%
From zero to hero in 20 years, China’s PV industry has undergone an extraordinary journey. Vincent Shaw considers the reasons for the nation’s solar success and the challenges ahead.
Songci Mechatronics says that its new furnace reduces concentric circles in n-type wafers by 50% and achieves about 24% lower oxygen content than mainstream wafers.
JinkoSolar, Long, JA Solar, and Trina Solar have all reported impressive growth figures for the first quarter of this year.
China reached 327.4 GW cumulative installed PV capacity at the end of March, according to new figures from the National Energy Administration (NEA).
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