Tongwei has also secured another massive polysilicon order and Golden Glass has invested in more heterojunction solar cell capacity. Furthermore, China’s National Energy Administration (NEA) said 23.7 GW of new solar was deployed in China in the first five months of the year.
A Chinese metals industry group said the price of polysilicon is rising, just as Comtec Solar revealed that it is gearing up to sell off its shuttered wafer factories in Shanghai. Flat Glass, meanwhile, has announced plans to expand solar glass production capacity.
The Chinese government says the nation is on track to install 108 GW of PV this year. Huaneng says it will build a new 10 GW module factory, while Akcome has revealed plans to increase its heterojunction panel capacity by 6 GW.
Automaker Geely has commissioned a new polysilicon factory in northern China, while ET Solar has opened a new 5 GW wafer factory in Vietnam. Poly giant GCL Technology, meanwhile, has confirmed that its board might issue common stock for a Chinese listing.
In other news, Zhonghuan Semiconductor announced it will begin selling 210 mm n-type wafers and the local government in Zhejiang Province said it wants to deploy another 12.4 GW of new PV by 2024.
Longi has revealed plans to build a new panel factory in Anhui province, China Huaneng Group has announced a 1.3 GW renewables project in Heilongjiang province, and JinkoSolar has issued a warning about rising polysilicon prices.
Alliaverre wants to move a 600 MW solar glass plant to Amiens, France, to reduce European customer delivery times, as it faces rising shipping prices and manufacturing constraints in Asia.
In other news, Longi reported increased revenue and a slight drop in profits for the full fiscal year 2021, and heterojunction (HJT) photovoltaics manufacturer Golden Solar has leased a 250 MW production line.
Tongwei also announced it wants to expand its solar cell capacity to 70 GW by the end of 2022 and 102 GW by the end of 2023.
Indian group Borosil Renewables is acquiring Europe’s largest solar glass manufacturer. With major sites in Germany and Liechtenstein, Borosil plans to increase manufacturing capacity to 2,600 tonnes per day, making it possible to supply solar glass for more than 15 GW of PV modules from 2025.
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