PV Infolink reported a considerable increase in prices for polysilicon and wafer prices for last week. Both products saw their average price increase by over 9% compared to the previous week.
The US Solar Energy Industry Association in late 2020 launched a campaign against forced labor and said it was “strongly encouraging” member companies to adjust their supply chains by June. Here is what will likely happen.
According to JinkoSolar vice president Dany Qian, PV panel prices rose significantly since the second quarter of last year due to an increasing shortage of polysilicon, glass, silver, and module frames. She also stated that rushing demand cannot stop prices from rising for at least the next six months or longer, until sufficient capacity ramps up.
Daqo has secured another big supply deal, Xinte is pushing to build a new factory in Inner Mongolia and the board of JA Solar has approved a proposal to deploy 20 GW of wafer production capacity in the autonomous region.
Xinyi has accelerated plans to add more furnaces this year and predicts the rebound in solar demand being driven, in part, by the desire of nations for a green recovery from Covid-19 will continue to keep supply tight.
Since summer 2018, a 25% charge has been levied by the EU on steel-product import volumes in excess of historical norms. European manufacturers say there is still a global steelmaking glut and the U.S. is showing no signs of lifting its restrictions.
The poly maker is making significant investment pledges into new production lines in Sichuan and Inner Mongolia.
A global research group has developed a perovskite PV cell with titanium dioxide nanotubes doped with cesium. It purportedly offers better short-circuit current and power conversion efficiency than cells without cesium nanoparticles. They say it has optimal thermal stability under temperatures up to 800 C.
Goodwe and Irico have both announced rising revenue and profits for the fiscal year 2020. Zhonghuan Semiconductor intends to produce thinner wafers to respond to increasing polyisilicon prices. The southwestern province of Yunnan wants to add another 15 GW of clean energy to its power generation mix.
According to new forecasts from AECEA, China may see strong development of large-scale solar plants this year, due to a massive pipeline of unsubsidized projects. Furthermore, the distributed generation segment will be boosted by incentives provided by the national and regional governments.
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