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.
Canadian Solar has agreed to invest $1.5 billion in a 10 GW solar cell and module factory in eastern China. GCL New Energy, meanwhile, has revealed the terms of a plan to sell a solar project portfolio to state-owned Huaneng.
And module manufacturer Trina Solar announced on Monday afternoon that the company has signed an agreement with the government of Yancheng City, Jiangsu Province, for the construction of a 10 GW solar module factory.
Plus, panel maker Risen began construction of a 15 GW cell and module factory in Yiwu, in the central Zhejiang province of eastern China.
A new week has brought another slew of big production capacity announcements as online retailer JD.com prepares to install 200 MW of solar rooftop capacity and project developer SFSY reported on a promising new business stream.
More than 1 GW of subsidized small solar arrays were installed in China last month alone and manufacturer Suntech has announced the start of operations at its 500 MW Indonesian cell and module fab.
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