Furthermore, Risen predicts its solar module shipments will reach 15 GW this year and Sze Tan Hung has increased her stake in solar cell and panel maker Solargiga.
Longi, Trina and Risen secured solar module supply deals in a tender held by the China National Nuclear Corp. Furthermore, Xinte, Flat Glass and Chint won contracts to supply polysilicon, glass and wafers, respectively.
With the nation almost doubling its new generation capacity figure for the year last month, the National Energy Administration is reportedly considering a joint solar and wind capacity target of 120 GW for this year.
Longi and Risen both announced plans to build up new module and cell manufacturing capacity. Furthermore, the State Power Investment Corporation (SPIC) has revealed it deployed more than 10 GW of solar power last year.
Huawei has strengthened its technology partnership with Chint, while TBEA is planning an IPO for its polysilicon unit Xinte Energy. Furthermore, glass manufacturers keep acting to overcome current bottleneck.
The solar cell manufacturing facility, located in China’s Yunnan Province, is expected to raise Jinko’s cell capacity to 30 GW by the end of 2021.
Trina Solar has secured a 4 GW solar module order from US company Nextera Energy and wafer manufacturer JYT Corporation closed deals to supply a total of 1,906,000,000 wafers.
Plans to set up new cell and module capacities have been announced by the three manufacturers. Trina intends to add 10 GW of cell capacity to its manufacturing site in the Sichuan province, while GCL Integration wants to build an 8.5 GW monocrystalline solar cell factory in the Jiangsu province.
Longi and Tongwei have both seen changes in ownership in recent days. Meanwhile, Maxwell Technology has unveiled a plan to build a heterojunction cell factory Jiangsu Province and the Henan Group has entered PV glass and module production.
Furthermore, Chinese manufacturers JA Solar and Akcome both want to add 6 GW of manufacturing capacity to their respective panel production operations. Trina and Tongwei will jointly deploy another 15 GW of ingot capacity.
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