Longi commissioned a 5 GW solar cell factory in Ningxia Province and Gokin Solar announced plans to build a 50 GW ingot factory in Sichuan Province. Furthermore, PV equipment manufacturer Jinchen supplied 2 GW of production lines to Adani Solar in India.
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.
Polysilicon manufacturer Wacker has launched a feasibility study for its expansion plans in Norway. It said its production capacity in the village of Holla could increase by 50% by 2025.
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.
Meanwhile, Trina Solar has established a new branch for upstream operations and Longi has a officially changed its company name.
PV module exports surged in the first quarter, according to research firm PV InfoLink. Risen Energy, meanwhile, has just signed a $2.16 billion, long-term wafer supply deal with Shuangliang Eco-Energy.
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.
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