JSG has sold several ingot furnaces to Shuangliang Eco-Energy and Jinchen Machinery will provide Yingli with production equipment totaling 3.5 GW.
TBEA unveiled a plan to build a 400,000 MT metal silicon factory in Baotou City, in the Inner Mongolia province. Furthermore, EnergyTrend reported polysilicon prices increased slightly this week.
The worldwide solar boom is proving so profitable the polysilicon manufacturer is even thinking of turning to PV panels to power its manufacturing operations, rather than cheap coal.
Elsewhere, cell maker Aikosolar has announced two major wafer purchase agreements with manufacturers Shuangliang and Shangji, and Zhonghuan Semiconductor has reported solid financials for the third quarter.
Luoyang Glass is planning to deploy two solar glass production lines with an annual capacity of 1,200 tons each and wafer maker Wuxi Shangji has secured a big supply agreement from Longsheng New Energy. Furthermore, Tongwei has reported increasing profits driven by its polysilicon business.
Wind power specialist Mingyang Smart Energy has revealed plans to build a 5 GW heterojunction module factory in China’s Jiangsu province, while TBEA has said it intends to raise its majority stake in Xinte Energy from 62% to 67%.
The 2 GW plant is expected to be connected to a storage facility with a capacity of 300 MW/600 MWh. Elsewhere, manufacturers Longi, Jinko, Trina Solar and Chint were the winners of a 5.5 GW solar panel procurement tender held by the China Energy Investment Corporation.
Shuangliang Eco-Energy has agreed to buy a total of 134,950 MT of polysilicon from two different manufacturers. Furthermore, the Chint group said it wants to deploy another 3 GW of rooftop solar and PV InfoLinks reported on rising glass prices.
The manufacturer has raised the cost of all its products. Elsewhere, Xinyi is planning to deploy 5 GW of solar in Heilongjiang province and the China Electricity Council has reported the nation added 22 GW of solar in the first eight months of the year.
China Green Development Group is building a giant project consisting of 3 GW of photovoltaics and 300 MW of concentrating solar power. The plant is scheduled for completion in 2025 and is part of China’s 14th five-year plan.
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