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.
Longi, JA Solar and Yingli have agreed to collectively supply 1.05 GW of solar panels to China Southern Power Grid, while Daqo New Energy has secured board for a planned $700 million share repurchase program.
Shenzhen Energy has announced plans to build a green hydrogen facility in Inner Mongolia, and Daqo has secured another polysilicon supply deal. DKEM, meanwhile, has unveiled plans to build a silver paste production facility for TOPCon products.
Longi has released its earnings for the first three quarters of 2022, while Tongwei has kept prices steady for all types of PERC cells in November.
Canadian Solar has resumed plans for an initial public offering in Shanghai, and JA Solar has reported that it shipped 27.1 GW of PV modules in the first nine months of this year. Daqo, meanwhile, has signed a $17.9 billion, long-term polysilicon supply deal with an undisclosed customer.
The Chinese-Canadian module maker said its new inverters will have a power output ranging from 5 kW to 125 kW. GCL Integration, meanwhile, announced plans to build a 20 GW solar module factory and Longi said it shipped 60 GW of wafers in the first nine months of this year.
TCL Zhonghuan, JinkoSolar and Tongwei have all announced strong profit growth for the first three quarters of this year. CGL Integration and Space Solar, meanwhile, has provided an update on its capacity expansion plans.
Daqo has secured another big polysilicon order and GCL Technology said it expects a profit of CNY 12.7 billion ($1.76 billion) from its solar materials business in the third quarter. Wafer manufacturer Wuxi Shangji Automation, meanwhile, has secured an order from TOPCon panel maker Da-Solar.
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