China’s National Energy Administration (NEA) said the country installed just under 7.5 GW of new PV in November, bringing cumulative additions in 2022 to 65.7 GW, far short of the estimated 85 GW or more.
Tongwei has revealed plans to add 25 GW of new module capacity at a new factory in Jiangsu province, while JA Solar has said that it will expand wafer, cell and module capacity across two industrial sites.
JinkoSolar has set another world record for n-type solar cell efficiency with its TOPCon tech, while Longi said it wants to build a 15 GW module factory in Anhui province.
DMEGC has revealed plans to build a 20 GW solar cell factory in Sichuan province, while Daqo said it has secured long-term polysilicon supply agreements with Longi and another undisclosed Chinese company.
TCL Zhonghuan has announced wafer price cuts, Shenzhen Energy unveiled a plan to build a 2 GW solar-storage project, and the Chinese authorities have announced measures to expedite grid connections for new solar and wind plants.
Longi has lowered the prices of all wafers, and JA Solar has unveiled plans to build a new 10 GW factory. PV InfoLink, meanwhile, says polysilicon prices are clearly starting to fall.
Risen and Longi have revealed plans to each build 10 GW factories, while Canadian Solar has reported solid earnings and Daqo has secured a big polysilicon order.
SNEC, the world’s biggest solar event, has been postponed for the third time this year. Yingfa Group, meanwhile, inaugurated a 20 GW cell factory in Sichuan province and GCL Tech said it plans to produce raw materials for EV batteries.
Golden Solar has unveiled a plan to set up a new 1.5 GW production line for heterojunction products in the Zhangjiakou Renewable Energy Demonstration Zone. Boamax, meanwhile, said it wants to set up an 18 GW panel factory in Inner Mongolia.
TBEA said it expects to produce 120,000 metric tons (MT) of polysilicon this year and 250,000 MT in 2023, while Daqo has revealed plans for a $700 million share buyback program.
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