The state-owned State Power Investment Corp Ltd has received a bid of 25 cents per watt for monocrystalline panels in a tender to procure 3.04 GW of PV module capacity.
The latest figures show the solar policy vacuum, and related dearth of demand in China earlier this year accelerated price reductions for cell makers. Although prices are expected to rebound in line with renewed thirst for solar in China, cell makers such as Tongwei are feeling the pain.
Average spot polysilicon price has crossed below the $8/kg threshold for the first time, according to PVInsights. Market analyst Johannes Bernreuter said, however, that the industry should not read too much into $8/kg as a historical threshold and that prices may rise again in September, driven by strong demand in the Chinese market.
The Chinese manufacturer is forging ahead with a new gigafactory despite a regulatory decision last year which halted its plans to raise a significant chunk of the costs by issuing convertible bonds. Risen expects to be back on the upswing when it confirms its first-half figures.
Troubled thin film manufacturer Thin Film will see a 51% controlling stake in a hugely profitable hydropower project auctioned off after a move by creditors. Hanergy Thin Film owner Li Hejun’s Hanergy Mobile Energy business in China says it will be among the bidders.
The manufacturer has been unable to get its new mono ingot and wafer making facilities up to full speed and says the delay in confirming Beijing’s new solar policy this year also affected its bottom line.
The manufacturer says its Kwafoo product improves efficiency and, if used in the optimal p-type PERC type of panel, could boast a module output of 610 W.
MIT researchers say climate change could reduce the yield of solar modules. Analysis based on the warming scenarios outlined by the IPCC predicts in some areas the annual energy output of PV systems may fall by up to 50 kWh per kilowatt installed.
The module manufacturer and project developer struck a bullish tone as it announced further project sales, higher module selling prices, a transition to entirely PERC module output and ramped up production capacity.
The Swiss equipment maker is instead preparing to commit its future to PV in its European heartland and will start with plans to help Norwegian module maker REC Solar embark on a gigawatt-scale production expansion.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.