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.
Gold Plus Glass Industry, an Indian float glass manufacturer, has told pv magazine that it plans to set up a new solar glass factory with a capacity of 300 tons per day. The plant, to be built in southern India, will be operational by September 2023.
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.
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.
PV Infolink reported a considerable increase in prices for polysilicon and wafer prices for last week. Both products saw their average price increase by over 9% compared to the previous week.
According to JinkoSolar vice president Dany Qian, PV panel prices rose significantly since the second quarter of last year due to an increasing shortage of polysilicon, glass, silver, and module frames. She also stated that rushing demand cannot stop prices from rising for at least the next six months or longer, until sufficient capacity ramps up.
Edgehog secured the funds from Sustainable Development Technology Canada (SDTC). The special glass is hydrophobic and is claimed to be able to reduce the accumulation of dust and residue, thus reducing the need for maintenance.
Goodwe and Irico have both announced rising revenue and profits for the fiscal year 2020. Zhonghuan Semiconductor intends to produce thinner wafers to respond to increasing polyisilicon prices. The southwestern province of Yunnan wants to add another 15 GW of clean energy to its power generation mix.
A new report from the U.S.-based analyst predicts that new PV additions for 2021 may range from 163 to 221 GW next year and from 179 to 240 GW in 2023. According to BloombergNEF, the current supply bottlenecks for glass and polysilicon will unlikely halt the global PV market.
Deli Glass announced on Monday that it would invest RMB2 billion ($303 million) in a new PV glass production facility with a daily capacity of 2,000 MT. Furthermore, a plan to transfer around 2 TWh of renewable energy power from China’s eastern provinces to Tibet was announced.
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