Canadian Solar plans to ramp up production capacity
Having warned of in-house solar wafer and cell capacity as recently as the third quarter of 2021, the company has announced it will be adding even more production lines this year.
Polysilicon price reaches $39.3/kg — the highest since 2011
The price of polysilicon last week reached its highest level since 2011 and, according to Chinese module manufacturer JinkoSolar, there are no visible signs that it could drop this year, as predicted by several analysts.
Solar tariffs to be pegged to coal-fired power prices in grid-parity China
Solar glassmaker Xinyi reported Beijing’s plans as it outlined bumper first-half returns whilst warning investors the boost in glass prices seen last year is likely to be short-lived.
Price trends amid polysilicon shortage
Recent financial statements from the big module manufacturers indicate that higher prices for polysilicon and PV glass since the third quarter of 2020 have dealt a severe blow to profits in the module business. Module manufacturers have gradually scaled down capacity utilization since the Lunar New Year, as demand has been weaker than expected, given the absence of China’s usual June 30 installation rush, as in past years. In April, Tier-1 module makers further cut utilization rates to 55-70%. PV InfoLink’s Corrine Lin examines the price trends that are developing in 2021.
Daqo notes PV glass shortage in otherwise positive update
The polysilicon manufacturer says a lack of the raw material is causing a bottleneck for the industry but CEO has predicted it will be resolved as new production capacity comes online in the months ahead.
Chinese PV Industry Brief: Record residential solar installs and rumblings in the polysilicon market
The NEA has revealed more than 1.3 GW of solar capacity was added to Chinese rooftops last month, with more than 500 MW of it in Shandong province. While poly maker Daqo was forced to revise down its latest sales forecast it predicted a quick rebound in the current quarter.
Explosions at GCL polysilicon fab have reportedly taken down 10% of global production capacity
California-based investment banking group Roth Capital Partners has reported four flash explosions on Sunday and a fifth yesterday “working their way through the GCL facility across multiple systems in a chain-reaction-like sequence.”
Shortage of polysilicon for mono-Si wafers lifts prices
Analysts have observed rising demand amid rumors of stock shortages. Meanwhile, the price of mono cells fell further, although not far enough as far as the big beasts of the PERC module jungle are concerned.
