Tongwei is planning a cell and module factory in the Sichuan province, while Canadian Solar is setting up a new wafer factory in the Jiangsu province.
Bernreuter Research says in a new report that it expects polysilicon prices to soon dip below the historical low of $6.75/kg, which was reached in June 2020. It says global polysilicon capacity could hit 2.95 million metric tons (MT) by the end of December, with just 200,000 MT of the total outside of China.
Polysilicon prices fell by as much as 3.23% in China this week, according to the China Nonferrous Metals Industry Association (CNMIA).
Solar manufacturer REC blames high electricity prices for the recent closure of two Nordic polysilicon production facilities.
Tim Buckley, director of Climate Energy Finance, speaks to pv magazine about the current steep trajectory of solar module prices. He estimates that PV panels prices will end up dropping by 40% this year and predicts the closure of old technology and sub-scale solar manufacturing facilities, both in China and globally.
China’s National Energy Administration (NEA) says the nation deployed 33 GW of new residential PV capacity between January and September, bringing cumulative installations to 105 GW, while Flat Glass says it will invest $290 million in new glass factories in Indonesia.
Solar manufacturing capacity has been ramping up so quickly that even impressive installation growth cannot keep pace. Molly Morgan, senior research analyst at UK-based research firm Exawatt, explores the relationship between PV supply and demand and assesses the likelihood of overproduction.
Polysilicon prices fell by as much as 2.10% in China this week, according to the China Nonferrous Metals Industry Association (CNMIA).
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.
Renewables investor Quinbrook Infrastructure Partners has announced plans to develop a polysilicon factory in Australia.
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