And Risen has agreed to buy 2.25 billion wafers from monocrystalline wafer manufacturer Wuxi Shangji Automation, while Trina has cornered another 30,000-ton slice of the global polysilicon market.
Kibing Group and CECEP have announced plans to increase their PV glass and solar module capacities, respectively. China Energy Investment Corp is planning a 400 MW solar park in the Xinjiang Uygur autonomous region.
Meanwhile, Chinese state-owned energy company State Power Investment Corporation (SPIC) has acquired a solar energy developer in Mexico and JA Solar has started construction on the second phase of its 20 GW ingot factory in Yunnan Province.
At a conference held in Shanghai last week, the three Tier-1 manufacturers explained that the entire Chinese PV industry will continue to adapt to the 182mm wafers over the next months.
China PV module manufacturer Risen Energy has completed the acquisition of Dunan Solar’s polysilicon business and is now operating a 12,000 MT factory. Shanghai-listed PV equipment supplier JYT Corporation wants to build a 24 GW polysilicon manufacturing facility in Sichuan Province.
China’s largest PV manufacturers claim limits placed on solar glass production two years ago, to prevent over production, are now causing an industry bottleneck.
Just as the nation posted strong deployment figures, two major module manufacturers reported solid earnings for the nine months to the end of September.
Solar manufacturers Longi and Tongwei have frozen next month’s prices.
China will not ease restrictions on new investments in additional PV glass production capacity, according to a newly published draft document from the Ministry of Industry and Information Technology.
The China Energy Investment Corp is planning to invest RMB22 billion in a facility in the autonomous region. The state-owned mining and energy company has signed a framework agreement with the government of the city of Yijin Holo Banner for the project.
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