TCL Zhonghuan, JinkoSolar and Tongwei have all announced strong profit growth for the first three quarters of this year. CGL Integration and Space Solar, meanwhile, has provided an update on its capacity expansion plans.
Smart Solar Technology has secured Turkish government support to build a vertically integrated solar module factory in Izmir, Turkey.
Daqo has secured another big polysilicon order and GCL Technology said it expects a profit of CNY 12.7 billion ($1.76 billion) from its solar materials business in the third quarter. Wafer manufacturer Wuxi Shangji Automation, meanwhile, has secured an order from TOPCon panel maker Da-Solar.
The International Energy Agency Photovoltaic Power Systems Programme (IEA-PVPS) recently published a report on trends in PV applications for the 2021-22 period. Prices for polysilicon, wafers, cells and modules rose, while production capacity expanded in China and beyond.
Clean Energy Associates said in a new report that it expects polysilicon production capacity to exceed PV installations next year.
The Chinese government has started talks with major companies about polysilicon costs and supplies. Datang has revealed the results of its latest 5.5 GW solar panel procurement tender, while Tongwei has announced its third-quarter financial results.
Allup Silica aims to target the booming solar PV panel industry after independent tests confirmed the presence of premium silica sands – a key component of high-end glass manufacturing – at its Sparkler project in Western Australia.
India’s Adani Solar will expand its PV cell and module manufacturing capacity to 10 GW per year by 2025, with backward integration up to the polysilicon stage.
Trina Solar plans to build a module factory in Huaian, Anhui province, while polysilicon manufacturer GCL Energy has announced plans to build a manufacturing base in Wuhai, Inner Mongolia.
Eging PV has signed a deal to build a 10 GW TOPCon solar module factory in Anhui province, while Tongwei has revealed plans to build a 25 GW cell factory in Jiangsu. Jolywood, meanwhile, has completed the first 4 GW phase of its 8 GW TOPCon cell factory in Shanxi province.
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