Polysilicon prices continued to soar this week. Prices have been rising across the PV supply chain since mid-July due to recent accidents at two Chinese polysilicon factories, according to EnergyTrend.
Two solar glass makers kicked off the week with new deals and solid earnings reports while the Chinese government revealed it may issue bonds to fund clean energy incentives.
Shanghai Electric has won a contract to build the fifth 900 MW phase of a 5 GW solar park in Dubai. JA Solar also agreed this week to supply 138 MW of PV modules for two projects in Jordan.
Tongwei has revealed its PV cell prices for August, while Canadian Solar has announced plans to list shares of one of its units in China. Energy China, meanwhile, has kicked off an auction for 1.2 GW of solar panels.
More than 10 GW of PV capacity was deployed in the world’s largest solar market in the first half, according to several sources. One state-run think tank has even predicted that China could install 40 GW this year.
Risen Energy has announced plans to expand its annual cell and module output by 13 GW. Datang, meanwhile, has published the results of the module tender it held for this fiscal year.
TCL, one of China’s biggest electronics manufacturers, has acquired Zhonghuan Semiconductor. The National Energy Administration, meanwhile, reported record growth for the distributed-generation PV segment in June.
JA Solar began work on a 300 MW solar plant in Liaoning province last week, while state-run Huaneng launched a fiscal 2020 tender for 5 GW of inverters and another 5 GW of PV modules.
Also, a court in Beijing is now reviewing an application for bankruptcy filed by a unit of Hanergy. In other developments this week, a diverse range of solar industry players launched the 600W+ Photovoltaic Open Innovation Ecological Alliance.