A new report from Bernreuter Research reveals that Wacker Chemie lost its top spot in the 2020 global polysilicon rankings. It was also the only western company among the “Big Six” that are expected to form a new polysilicon super league in the PV industry. Overall, these six reached a total polysilicon capacity of 470,000 MT last year.
India is targeting 280 GW of solar by 2030, of which 240 GW has yet to be built, but India Ratings says the country’s production-linked incentives will only cover up to 13% of future deployments.
Henan province immediately responded with a plan to deploy another 20 GW of solar and wind by 2025.
The selected bidders in a new Indian tender will set up wind-solar hybrid power projects to supply power under 25-year PPAs. Bidding closes on June 8.
The near-$80 million handed over to a contractor in 2019, of which around $2.3 million was retained by the recipient, is now being investigated by an independent accountant. Meanwhile, GCL’s shares remain suspended because the payment issue is holding up its 2020 accounts.
Based on the price agreed for the first year of the five-year contract, the total deal would be worth almost $4 billion to the $1 billion company. However, with input costs rising and the state-owned sponsor likely to expect to pay lower fees for subsequent years, the TOPCon manufacturer’s margins may not remain so fat.
Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) is seeking proposals to buy power under 25-year power purchase agreements, while Rising Sun Energy is seeking EPC partners for a 190 MW solar project in the Indian state of Rajasthan.
The pursuit of higher conversion efficiencies is an eternal theme in the PV industry. Among all the links in the chain, cell technology is the most fundamental and decisive element. As we look beyond the established PERC technology, whether heterojunction or TOPCon will become the dominant “next-gen” solar cell among China’s manufacturing giants is emerging as a balancing act between incumbent and upstart, reports Vincent Shaw from Shanghai.
The Chint Group has also said it was China’s largest PV plant owner at the end of 2020 with more than 5.7 GW in operation.
German PV production equipment provider Singulus will supply the vacuum coating systems for the new production. The Chinese conglomerate currently operates CIGS panel production facilities at four different locations in China.
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