The polysilicon maker has announced it wants to build another factory in in Baotou City, Inner Mongolia. Elsewhere, the National Energy Administration has said new PV installations for the first 11 months of the year totaled 34.83 GW.
The world’s biggest solar market is expected to add between 45 and 55 GW of new solar in 2021, the head of the China Photovoltaic Industry Association has revealed. Furthermore, Longi has further lowered its wafer prices and Xinyi Solar said it wants to build a new US$942 million solar glass factory in Yunnan Province.
Fuxing New Energy is building a wafer factory in Anhui Province and Tongwei is moving forward with its plan to increase polysilicon capacity to 430,000 metric tons by the end of 2023.
The Hangzhou-based microinverter maker is now listed on the Shanghai Stock Exchange (SSE).
The solar manufacturer has lowered the prices of its PV wafers by up to 12.5%. In other news, Haiyuan Material (HYM) has begun deploying production lines at its 5 GW heterojunction PV module factory.
Furthermore, polysilicon manufacturer Daqo will increase investments in its plans to expand capacity and Canadian Solar closed a strategic co-operation agreement with battery giant CATL.
Elsewhere, Longi has announced it has secured a wafer supply deal from Zhejiang-based TOPCon module manufacturer Dal Solar, and glassmaker Irico New Energy is planning an initial public offering.
Furthermore, China’s National Energy Administration (NEA) said residential PV installations totaling 1.93 GW were deployed in October alone and Heterojunction (HJT) solar new entrant Golden Solar became strategic partner of Gold Stone Energy Co Ltd.
The Chint group has also agreed to sell a portfolio of distributed solar projects with a capacity of 493 MW.
Furthermore, DaSolar has unveiled a plan to build a 5 GW module factory in Fujian and Maxwell Technology said it will provide a 500 MW heterojunction solar cell production line to Anhui Huasun New Energy.
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