Xinte’s new manufacturing facility is planned to be located in Changji county, in the Xinjiang Uygur autonomous region. Moreover, Longi is planning to build another factory in Erdos City, Inner Mongolia.
Elsewhere, Wafer manufacturer Shangji Automation has secured a long-term wafer supply agreement from cell maker Aiko Solar and wafer maker Zhonghuan Semiconductor reported record revenue for 2021. Furthermore, GCL-Poly appears to have backtracked on its plan to rename the business GCL Technology
Manufacturers Longi and Zhonghuan Semiconductor have both raised the price of their 182mm wafers while holding the cost of their other products as rival Shuangliang Eco-energy signed deals for more wafer production equipment.
The London-based analyst has published a series of clean tech predictions for the year which also highlighted the rising proportion of sub-5MW solar projects in the global market, and cheaper clean energy financing costs even as panel prices continue to rise.
Glass maker Flat Glass wants to add 7,200 MT of new glass capacity spread across six new production lines and panel manufacturer Eging PV started construction of a new PV panel factory with an annual capacity of 5 GW.
Also, heterojunction module manufacturer Huasun has begun assembling production lines at its new 2GW factory and Trina Solar has agreed to buy 290 million wafers from Beijing Jingyuntong Technology.
Xinyi Solar has proposed a dividend for the second year running as it announced shareholders would bank net profits of $630 million despite rising materials and shipping costs last year.
US analyst Clean Energy Associates made some notable predictions in its Q4 survey of the world solar manufacturing market, including echoing predictions made elsewhere that the new polysilicon production capacity coming online now will help arrest the spike in solar panel prices.
In other news, Longi announced it further raised wafer prices and the China Photovoltaic Industry Association (CPIA) said the Chinese PV market may reach a size of up to 90 GW in 2022.
Two industry experts have provided analyses of the current polysilicon price scenario in a chat with pv magazine and both agreed that polysilicon demand is still growing faster than supply. The price may decrease starting from the second quarter and reach more reasonable levels by the end of the year.
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