The Chinese government has revealed that the nation’s solar glass capacity has reached 64,000 metric tons per day, while State Grid Corp. of China has announced plans to allocate CNY 26.07 billion ($4.3 billion) for solar incentives.
JA Solar, TCL Zhonghuan, GCL Tech, and Ganfeng Lithium all announced increasing profits and revenue. Meanwhile, JinkoSolar expands its hydrogen business and Xinte Energy secures another big polysilicon supply deal.
In other news, DAH Solar announced a 5 GW TOPCon solar module factory in Anhui province and Tongwei further raised the prices of its solar cells.
JA Solar has revealed plans to build a 10 GW cell factory in Jiangsu province, while Shuangliang Eco-Energy has agreed to buy 222,5000 metric tons (MT) of polysilicon from Tongwei.
East Hope has halted production due to a fire at its factory in the Zhundong Economic and Technological Development Zone, in China’s Xinjiang region. pv magazine recently spoke with polysilicon analyst Johannes Bernreuter about the possible consequences of the fire on the supply chain.
Almaden and Trina Solar have signed a long-term solar glass supply deal, while Growatt has revealed plans to list shares in Hong Kong. PV glassmaker Xinyi, meanwhile, has issued a gloomy profit outlook for the first half of 2022.
JinkoSolar has scored a 1 GW PV panel order in China and Risen suspended a $758 million private placement of shares.
Longi commissioned a 5 GW solar cell factory in Ningxia Province and Gokin Solar announced plans to build a 50 GW ingot factory in Sichuan Province. Furthermore, PV equipment manufacturer Jinchen supplied 2 GW of production lines to Adani Solar in India.
The Chinese government says the nation is on track to install 108 GW of PV this year. Huaneng says it will build a new 10 GW module factory, while Akcome has revealed plans to increase its heterojunction panel capacity by 6 GW.
JinkoSolar has scored a 200 MW PV panel order in northern China, GCL Technology’s biggest shareholder has purchased more shares, and the Chinese government has set new rules for floating PV.
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