Also, heterojunction module manufacturer Huasun has begun assembling production lines at its new 2GW factory and Trina Solar has agreed to buy 290 million wafers from Beijing Jingyuntong Technology.
In other news, Longi announced it further raised wafer prices and the China Photovoltaic Industry Association (CPIA) said the Chinese PV market may reach a size of up to 90 GW in 2022.
Panel maker Trina Solar and wafer manufacturing compatriot Shuangliang Eco-Energy have announced bumper profits from last year as polysilicon producer GCL ponders a rebrand.
In other news, Haiyuan Material (HYM) said it will commission its 600 MW heterojunction cell factory in July and Polysilicon supplier Daqo announced it is seeking to raise RMB11 billion ($1.74 billion) through a share private placement.
Hoshine will invest $2.75 billion in the new polysilicon factory. Elsewhere, Irico New Energy today announced a strategic co-operation agreement with PV manufacturer Jinko Solar that will see it prioritize supply of solar panel glass.
Trina Solar, the pioneer of 210mm large format high power PV modules, speaks to pv magazine about its strategy for their deployment. Dr. Zhang Yingbin, Trina Solar’s head of product strategy and marketing, discusses the business solutions Trina provided for its new products, while Todd Li, President of Trina Solar Asia Pacific, shares his views on the PV markets in the Asia-Pacific region.
In other news, Longi raised funds to build another 18 GW of solar cell capacity and Suntech began work on its 10 GW module factory in Anhui Province.
JA Solar is expected to put another 3.5GW of cell capacity into operation by the end of June and Hong Kong-based IDG Energy Investment will venture into cell manufacturing by establishing a “foreign invested” project company.
According to Shen Rong, Vice President of GoodWe, the global PV market could see new installations exceeding 240GW in 2022 on the back of easing supply chain issues. In an interview with pv magazine he lays out the current challenges and opportunities this year’s solar market is likely to see, as well as discussing the PV inverter manufacturers R&D and manufacturing plans.
Furthermore, Solar manufacturer JinkoSolar was listed on Wednesday on the Shanghai Stock Exchange (SSE) and Zhonghuan Semiconductor said it expects a 286% growth in profits for 2021.
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