Shuangliang has secured supply agreements from Xinchao PV, Canadia Solar and SF Solar. Petro China wants modules for 4.5 GW of solar projects across 24 provinces.
The solar manufacturer has lowered the prices of its PV wafers by up to 12.5%. In other news, Haiyuan Material (HYM) has begun deploying production lines at its 5 GW heterojunction PV module factory.
Also, Petroleum Development Oman wants to become the main player in the country’s plans to become a hydrogen hub and Emirates Global Aluminium says it wants to increase its hydrogen consumption.
The solar manufacturer has lowered the prices of its wafers by up to 9%. Elsewhere, Luoyang Glass wants to sell off three information display business units to focus its efforts on solar panel glass.
Furthermore, polysilicon manufacturer Daqo will increase investments in its plans to expand capacity and Canadian Solar closed a strategic co-operation agreement with battery giant CATL.
Elsewhere, Longi has announced it has secured a wafer supply deal from Zhejiang-based TOPCon module manufacturer Dal Solar, and glassmaker Irico New Energy is planning an initial public offering.
Furthermore, China’s National Energy Administration (NEA) said residential PV installations totaling 1.93 GW were deployed in October alone and Heterojunction (HJT) solar new entrant Golden Solar became strategic partner of Gold Stone Energy Co Ltd.
Several black swans have been circling over this year’s solar PV industry: rising raw material and product prices; supply chain issues and international logistics holdups; and power shortages in China, to name but the most disruptive. How is it possible for solar companies to survive under these conditions? According to Dong Shuguang, a PV veteran and President of Talesun Solar, they must focus on solar technologies like PERC, TOPCon and HJT, and product innovations that provide customer value.
The Chint group has also agreed to sell a portfolio of distributed solar projects with a capacity of 493 MW.
Furthermore, DaSolar has unveiled a plan to build a 5 GW module factory in Fujian and Maxwell Technology said it will provide a 500 MW heterojunction solar cell production line to Anhui Huasun New Energy.
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