Xinte unveiled a $197 million plan to raise its polysilicon production capacity to 100,000 metric tons per year in Xinjiang. Longi signed a strategic cooperation agreement with oil and gas giant Sinopec to jointly develop hydrogen and renewable energies.
Risen will sell 50,000 metric tons of poly to Shangji Automation and Zhonghuan Semiconductor has raised the prices of all its wafer products.
The solar cell manufacturer claims to have achieved the record efficiency at its 2 GW Huzhou, in northern Zhejiang province. Meanwhile, PV production equipment supplier Jinchen is raising funds for the development of its plasma-enhanced chemical vapor deposition (PECVD) technology for heterojunction cell production lines.
Monocrystalline module manufacturer Longi is venturing into new territory but missed out to its rival on two big panel orders from a state-owned power company.
The Chinese giant overhauled JA Solar by moving almost 16 GW worth of modules, with the 600 W-plus, 210mm-wafer-based Vertex range it launched last year having already sold 10 GW of units.
Longi has started construction of its 10 GW ingot factory in Yunnan, CLYPG signed PV project contracts for up to 32.6 GW in 2020 and GCL has agreed to sell PV parks with a combined capacity of 321 MW. Polysilicon prices, meanwhile, continue to rise while those of solar glass are falling.
Risen Energy is planning to add 6 GW of module capacity to its factory in Jiangsu province and Flat Glass wants to add six production lines to its facility in Zhejiang. Meanwhile, JA Solar says it shipped 15.88 GW of solar products last year.
This week, the price of polysilicon reached RMB 124 ($18.9)/kg. All major categories of polysilicon products have seen their price increase by around 45% so far this year. Meanwhile, Tongwei has lowered the prices of its solar cells for April.