Chinese PV Industry Brief: Trina buys 70,000 MT of polysilicon from South Glass Group
In other news, a Chinese consortium is planning to build a 10 GW heterojunction (HTJ) module factory in Sichuan and Risen Energy is seeking to raise around $1 billion through a private placement of shares to finance its 5 GW HTJ panel production.
Chinese PV Industry Brief: Tongwei secures order for 382,800 MT of polysilicon
Tongwei has secured a long-term polysilicon supply deal with JinkoSolar, while Chint, JA Solar, and JinkoSolar have agreed to supply their products for a 1 GW solar park now under development in the Sichuan province.
Norwegian Crystals proceeds with 6 GW PV ingot plans
Norwegian Crystals said it has secured all relevant permits for a new manufacturing facility in Norway. Construction is expected to start by the end of this year. The factory will have an initial capacity of 3.6 GW by 2026 but will eventually reach 6 GW at a later stage, according to the company.
Chinese PV Industry Brief: Maxwell secures 7.2 GW order for HJT solar lines
Maxwell Technology has secured orders for its heterojunction (HJT) solar cell production lines, while TBEA has agreed to sell 336,000 metric tons of polysilicon to JinkoSolar in the 2023-30 period.
Polysilicon price relief in 2023 as industry scales to 500 GW
Clean Energy Associates says solar wafer pricing will fall by 23% by the end of 2023, while BloombergNEF sees 500 GW of manufacturing capacity online by the end of next year.
Chinese PV Industry Brief: Polysilicon price reaches new high at $45.4/kg, government takes action
Average polysilicon prices hit CNY 312 ($45.47)/kg this week, according to an industry association in China. The nation’s Ministry of Industry and Information Technology, the State Administration for Market Regulation, and the National Energy Administration have also asked regional authorities to take action to deal with the price increase.
Chinese PV Industry Brief: Power rationing affects solar module production
China installed 37.73 GW of solar in the first seven months of this year, according to official estimates. JinkoSolar said it is struggling to cope with power rationing in Sichuan province, while Shunfeng said it expects to record a hefty net loss for the first half.
Chinese PV Industry Brief: Daqo’s profits soar by 341%
Daqo posted record revenue of CNY 16.3 billion ($2.3 billion) in the first six months of 2022, while Datang Group announced plans to build 5.58 GW of PV plants in China this year.
Chinese PV Industry Brief: Polysilicon price remains flat
In other news, JinkoSolar is seeking to raise CNY 10 billion ($1.48 billion) to finance its capacity expansion plans and Trina Solar predicts strong profit growth for the first half of the year.
Chinese PV Industry Brief: China may install up to 100 GW of solar this year
The country added more than 30 GW of new PV capacity in the first half of 2022 and its cumulative installed solar power reached 340 GW at the end of June.
