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.
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.
In a statement to pv magazine, the global vice president of Chinese solar manufacturer JinkoSolar, Dany Qian, said that polysilicon prices are not expected to drop for at least six months. The company’s general manager for South & Central Asia, Daniel Liu, stated that Jinko is not backing out from any of the signed deals with its Indian customers due to the raw material supply shortage and the rising prices, as reported by unspecified false reports.
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.
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