Chinese PV Industry Brief: Longi to issue $1.38 billion of bonds
Longi says it will issue up to CNY 10 billion ($1.38 billion) of bonds. It will primarily use the funds to support operational needs, supplement working capital, repay interest-bearing debts, and aid project construction and operations.
GCL Tech, Mubadala to open polysilicon factory in UAE
Chinese polysilicon maker GCL Tech says it is partnering with Emirati state-owned Mubadala Investment Co. to build the Middle East’s first polysilicon factory in the United Arab Emirates.
TCL Zhonghuan reveals plans to acquire majority stake in Maxeon
Chinese wafer manufacturer TCL Zhonghuan says it wants to invest around $197.5 million to increase its stake in Maxeon from 22.39% to at least 50.1%. A Maxeon spokesperson told pv magazine that the plan would place the company in a solid financial position.
Solar wafer prices continue to soften, complex international trade situation sparks concerns
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
UIS installs recoating solution at 2 GW solar wafer factory in India
UIS Technologies has commissioned polyurethane (PU) recoating and regrooving solutions for wire guide rollers (WGRs) at Adani’s 2 GW solar ingot-wafer plant in Gujarat, India.
Global polysilicon prices hold steady, China polysilicon falls on weak demand
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
India, Australia sign deal to secure supply chains
Economic cooperation between India and Australia may open doors for investment in clean energy technology, but challenges still abound in a competitive global market. Vibhuti Garg and Shantanu Srivastava, of the Institute for Energy Economics and Financial Analysis (IEEFA), discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions.
Competition, oversupply to reduce n-type solar module prices
Global solar demand will continue to grow in 2024, with module demand likely to reach 492 GW to 538 GW. Amy Fang, a senior analyst at InfoLink, looks at module demand and supply chain inventories in a market still affected by oversupply.
US, Canada ramp up solar glass plans
With PV module capacity ramping up, glass suppliers have been investing in new solar glass production capacity. As in India and China, new facilities are popping up in North America, with unique twists to ensure competitiveness, such as using recycled material.
Chinese PV Industry Brief: Polysilicon prices continue to fall
The China Nonferrous Metals Industry Association (CNMIA) says that the average price of n-type polysilicon fell by 5% to 6% this week.
