Chinese PV Industry Brief: Another big polysilicon deal and rising wafer prices
Risen will sell 50,000 metric tons of poly to Shangji Automation and Zhonghuan Semiconductor has raised the prices of all its wafer products.
GCL auditor raises issue with accounts
Trading in the Hong Kong-listed company stock, which was supposed to resume this morning following publication of the overdue 2020 figures, remains suspended.
Further hitch in GCL-Poly annual results
The poly making parent company says it needs extra time to finalize its 2020 figures so trading in the stock appears likely to remain suspended for the rest of the week. GCL is due to complete the paperwork related to a proposed debt restructure this month.
More project sales ahead as defaulting GCL awaits debt restructure
The company is in cross-default for $679 million, triggered by the non-payment of $500 million of senior notes at the end of January. The polysilicon maker hopes to straighten that matter out with a debt restructure ‘by June.’
Chinese PV Industry Brief: Longi continues construction of ingot fab as GCL finds a buyer for six PV farms
Longi has started construction of its 10 GW ingot factory in Yunnan, CLYPG signed PV project contracts for up to 32.6 GW in 2020 and GCL has agreed to sell PV parks with a combined capacity of 321 MW. Polysilicon prices, meanwhile, continue to rise while those of solar glass are falling.
Chinese PV Industry Brief: More module and glass capacity
Risen Energy is planning to add 6 GW of module capacity to its factory in Jiangsu province and Flat Glass wants to add six production lines to its facility in Zhejiang. Meanwhile, JA Solar says it shipped 15.88 GW of solar products last year.
OCI increases production capacity at Malaysian polysilicon factory
OCI has revealed plans to invest $55 million to expand production at its Malaysian manufacturing facility from 30,000 to 35,000 metric tons.
Chinese PV Industry Brief: Another factory under construction
Talesun has begun work on its 5 GW factory in Siyang county, Jiangsu province and China’s second-largest grid operator, China Southern Power Grid, has announced around 200 GW of renewable energy capacity will be deployed on its service area over the next 10 years.
Chinese PV Industry Brief: Work begins on 50 GW wafer factory, Shanghai Electric bets on green hydrogen
Tianjin Zhonghuan Semiconductor began building its new wafer manufacturing facility in the Ningxia Hui autonomous region. Shanghai Electric is setting up a hydrogen research center with the Dalian Institute of Chemical Physics of the Chinese Academy of Sciences.
‘Falling solar module costs are behind us’
Canadian Solar is pivoting towards energy storage and is preparing to IPO its manufacturing and Chinese solar project activity in China, under the CSI Solar operation, by July.
