The two solar manufacturers will get priority access to polysilicon produced at the planned fab in Inner Mongolia, which developer Xinte Energy has said will be fully operational by June 2023.
Furthermore, Zhonghuan Semiconductor has slightly reduced its wafer prices, while Longi has maintained them unchanged. Flat Glass is raising funds to support the construction of a new glass factory with a total annual capacity of 750,000 metric tons.
Members of the U.S. Congress have called on the Customs and Border Protection commissioner, Troy Miller, to take immediate action regarding polysilicon products entering the United States from Xinjiang, China.
China’s National Development and Reform Commission (NDRC) has allocated RMB500 million (US$78.1 million) for the incentive scheme for residential PV in 2021. Chinese electronic engineer TBEA is set to raise its controlling stake in polysilicon manufacturer Xinte Energy as it attempts to fund a planned 100,000-tons-per-year fab in Inner Mongolia.
Moreover, Linyang Energy announced a plan to build a 10 GWh lithium-ion battery manufacturing facility in Qidong city, Jiangsu province. Chinese state-owned lender China Development Bank (CDB) has allocated RMB500 billion in special loans to support projects in the energy sector to help China reach its decarbonization targets
Market analyst Bernreuter Research reports that the price of the raw material rose by around 160% from US$11/kg at the beginning of the year to $28.50/kg currently. However, following the SNEC trade show in Shanghai last week, the price rose by only 1%, which suggests a turnaround or a price stabilization may be expected.
The technology company and inverter maker has created a new unit to operate in the renewables and e-mobility sectors. Elsewhere, China’s largest e-commerce company, JD.Com, has signed an agreement with the world’s biggest wind company, GoldWind, to establish a renewables joint venture.
GCL-Poly will provide JA Solar with 148,000 metric tons of polysilicon over the next five years. Tongwei produced its first 210mm PERC cell at its Jintang factory.
Longi has raised its wafer prices for June and the China Nonferrous Metals Association has reported this week that polysilicon reached a price of RMB200-210 per kg, and that the highest price exceeded RMB230 per kg.
Solar manufacturers Longi and Zhonghuan Semiconductor have reported output at their factories in the two provinces has been reduced by earthquakes that happened on Friday night and before dawn on Saturday. Elsewhere, module maker Jolywood has announced the signing of an agreement with the city government of Taiyuan, in Shanxi province, to build a TOPCon solar cell fab with a 16 GW production capacity.
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