Furthermore, Luoyang Glass reported first-quarter net profits of RMB136 million (US$21 million) and TBEA Xinjiang New Energy announced the settlement of a dispute over a 99 MW wind farm.
Polysilicon prices rose to RMB145-150/kg this week, prompting a varied response from the major wafer suppliers. Longi won a tender to supply modules for a 100 MW agrivoltaic project held by Hubei Energy Group and GCL-Poly sold off a further 127 MW of solar project capacity to two state-owned enterprises.
JA Solar has agreed to buy 75,000 MT of polysilicon from Qinghai-based Asia Silicon (Qinghai) Co., Ltd., and Longi will buy 250 million square meters of PV glass from US-based Chinese manufacturer Deli Glass. Huantai Group commissioned another furnace at its 12 GW wafer factory in Inner Mongolia.
Solar demand grew around 40%, year-on-year, during the first three months of 2021 and wafer producer Zhonghuan Semiconductor has raised its holding in Singaporean solar manufacturer Maxeon to become its second-largest shareholder after Total.
Xinte unveiled a $197 million plan to raise its polysilicon production capacity to 100,000 metric tons per year in Xinjiang. Longi signed a strategic cooperation agreement with oil and gas giant Sinopec to jointly develop hydrogen and renewable energies.
Risen will sell 50,000 metric tons of poly to Shangji Automation and Zhonghuan Semiconductor has raised the prices of all its wafer products.
The solar cell manufacturer claims to have achieved the record efficiency at its 2 GW Huzhou, in northern Zhejiang province. Meanwhile, PV production equipment supplier Jinchen is raising funds for the development of its plasma-enhanced chemical vapor deposition (PECVD) technology for heterojunction cell production lines.
Risen Energy is planning to add 6 GW of module capacity to its factory in Jiangsu province and Flat Glass wants to add six production lines to its facility in Zhejiang. Meanwhile, JA Solar says it shipped 15.88 GW of solar products last year.
Talesun has begun work on its 5 GW factory in Siyang county, Jiangsu province and China’s second-largest grid operator, China Southern Power Grid, has announced around 200 GW of renewable energy capacity will be deployed on its service area over the next 10 years.
Tianjin Zhonghuan Semiconductor began building its new wafer manufacturing facility in the Ningxia Hui autonomous region. Shanghai Electric is setting up a hydrogen research center with the Dalian Institute of Chemical Physics of the Chinese Academy of Sciences.
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