Tongwei has secured a long-term polysilicon supply deal with JinkoSolar, while Chint, JA Solar, and JinkoSolar have agreed to supply their products for a 1 GW solar park now under development in the Sichuan province.
Huasun has agreed to supply 10 GW of heterojunction solar modules to Power China, while Zhonghuan Semiconductor has revealed price increases for all of its wafer products.
Energy policy in China’s Inner Mongolia region took a sharp turn on Aug. 30, when the authorities decided to terminate discounted power prices, effective immediately. The full impact of this shift remains to be seen.
Maxwell Technology has secured orders for its heterojunction (HJT) solar cell production lines, while TBEA has agreed to sell 336,000 metric tons of polysilicon to JinkoSolar in the 2023-30 period.
A number of Chinese PV companies – including Jinko Solar and Golden Solar – released their first-half earnings results this week.
JinkoSolar has predicted that polysilicon prices will peak before the end of September, while Risen, GoodWe, TBEA, and Ginlong have all reported strong first-half increases in revenue.
Average polysilicon prices hit CNY 312 ($45.47)/kg this week, according to an industry association in China. The nation’s Ministry of Industry and Information Technology, the State Administration for Market Regulation, and the National Energy Administration have also asked regional authorities to take action to deal with the price increase.
China installed 37.73 GW of solar in the first seven months of this year, according to official estimates. JinkoSolar said it is struggling to cope with power rationing in Sichuan province, while Shunfeng said it expects to record a hefty net loss for the first half.
Tongwei has won a contract to supply China Resources Power with 3 GW of solar panels, while Canadian Solar has revealed that it had a particularly strong second quarter.
Tongwei is temporarily halting polysilicon output in Sichuan due to high temperatures, while Yingli has completed a 5 GW N-type solar cell base in Hebei. Shangji, meanwhile, has revealed plans to build a massive wafer and solar cell factory in Jiangsu.
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