China’s National Development and Reform Commission (NDRC) has allocated RMB500 million (US$78.1 million) for the incentive scheme for residential PV in 2021. Chinese electronic engineer TBEA is set to raise its controlling stake in polysilicon manufacturer Xinte Energy as it attempts to fund a planned 100,000-tons-per-year fab in Inner Mongolia.
Moreover, Linyang Energy announced a plan to build a 10 GWh lithium-ion battery manufacturing facility in Qidong city, Jiangsu province. Chinese state-owned lender China Development Bank (CDB) has allocated RMB500 billion in special loans to support projects in the energy sector to help China reach its decarbonization targets
The technology company and inverter maker has created a new unit to operate in the renewables and e-mobility sectors. Elsewhere, China’s largest e-commerce company, JD.Com, has signed an agreement with the world’s biggest wind company, GoldWind, to establish a renewables joint venture.
GCL-Poly will provide JA Solar with 148,000 metric tons of polysilicon over the next five years. Tongwei produced its first 210mm PERC cell at its Jintang factory.
Longi has raised its wafer prices for June and the China Nonferrous Metals Association has reported this week that polysilicon reached a price of RMB200-210 per kg, and that the highest price exceeded RMB230 per kg.
Solar manufacturers Longi and Zhonghuan Semiconductor have reported output at their factories in the two provinces has been reduced by earthquakes that happened on Friday night and before dawn on Saturday. Elsewhere, module maker Jolywood has announced the signing of an agreement with the city government of Taiyuan, in Shanxi province, to build a TOPCon solar cell fab with a 16 GW production capacity.
China’s National Energy Administration (NEA) has allocated some $77 million for residential PV incentives. This should be enough to deploy another 1 GW of rooftop PV.
China-based wind turbine manufacturer Mingyang Smart Energy wants to build a heterojunction module factory with a capacity of 5 GW. Both Longi and Tongwei have raised the prices of their wafers and cells, respectively.
Henan province immediately responded with a plan to deploy another 20 GW of solar and wind by 2025.
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.
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