Wafer prices rose by between 24% and 36% this week, according to new data from the China Nonferrous Metals Industry Association (CNMIA).
In response to growing demand, Trina Solar has revealed plans to ramp up ingot capacity at a new factory in Xining, in China’s Qinghai province.
Tongwei has revealed plans to set up a new polysilicon facility with a production capacity of 120,000 metric tons (MT) in Leshan, in China’s Sichuan province.
SVECK, an EVA film supplier, said it wants to set up a new factory in Yancheng, in China’s Jiangsu province.
Polysilicon prices started to rise in the second half of January, according to new data from the China Nonferrous Metals Industry Association (CNMIA).
Canadian Solar says its cell and module capacity will reach 50 GW by the end of this year.
The Chinese government is considering the introduction of export restrictions on solar wafers, black silicon, and silicon casting equipment. It has launched a public consultation process on the proposed measures.
JA Solar says it will build a new manufacturing facility in Inner Mongolia, China. The plant will produce everything from polysilicon to solar panels.
China’s National Energy Administration (NEA) says the country installed 87.41 GW of new PV capacity in 2022.
Longi Solar said it will invest CNY 42.5 billion ($6.65 billion) in 100 GW of wafer capacity and 50 GW of solar cell capacity in Shaanxi province, China.
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