India’s ReNew Power to build 2 GW factory
The Haryana-based developer will invest up to $266.9 million to set up a new solar cell and module manufacturing facility.
Chinese PV Industry Brief: Jinko Power and Trina Solar go public, profit growth for Daqo, and new dates for SNEC
Jinko Power has moved forward with plans to list shares on the Shanghai Stock Exchange, while Trina Solar said that the China Securities Regulatory Commission has approved its application for its own initial public offering. Polysilicon producer Daqo, meanwhile, reported solid first-quarter results, and the organizer of the SNEC solar show changed the exhibition’s dates and location once again.
New 400 MW solar module factory for Germany
Production is set to start in the first quarter of next year at the planned fab in Greiz, Thuringia. The facility will manufacture 370 W panels featuring half cells, large wafers and nine busbars.
Chinese PV Industry Brief: 5.5 GW of PV procurement, new dates for SNEC, and a 200 MW project
Datang Group has launched a bidding process to procure 5.5 GW of PV modules and inverters for its own solar projects. The SNEC trade show in Shanghai has set new official dates, after being postponed in early April due to the Covid-19 pandemic. And Topray Solar is seeking to raise funds for a 200 MW solar project in Guangdong province.
Solar grade silicon production comes back to Spain
Rivas-Vaciamadrid-based company Aurinka is planning to start UMG silicon manufacturing in Puertollano, Castile-La Mancha, this year. The company says its patented low-carbon production process offers low enough manufacturing costs to compete with Asian rivals.
Chinese PV Industry Brief: Lower wafer prices, new modules, and a factory under construction
Longi has announced more cuts to wafer prices, while cell manufacturer Tongwei has started building the first phase of its 30 GW Jintang PV manufacturing base. Risen Energy has also released solid financials, while JA Solar has unveiled plans to start selling its 500 W-plus solar modules.
Chinese PV Industry Brief: Financials, a new GW-scale factory, and big hydrogen
Longi and Sungrow both announced solid financial results last week. Module maker China Solar delayed the resumption of trading on the Hong Kong stock exchange, and polysilicon producer GCL-Poly unveiled plans to raise up to US$16.8 million by issuing shares. Coal miner Baofeng Energy, meanwhile, announced the construction of what it claims will be the world’s largest PV-powered hydrogen plant, and Seraphim and Lu’An Solar revealed that they will open a 5 GW PV panel factory in China’s Jiangsu province.
Solar costs set to continue falling according to ITRPV roadmap
The 11th edition of the German document which tracks solar price falls and efficiency improvements has considered the role bigger wafers are playing in cost reduction.
The weekend read: Covid-19 disrupts
A viral outbreak in the city of Wuhan, in China’s Hubei province, has become a nationwide health crisis with global implications. And with PV manufacturing concentrated in China, there are serious implications for all corners of the solar world, reports Vincent Shaw in Shanghai.
German module maker increases production capacity
Soluxtec is almost trebling output capacity at its 200 MW fab in the Eifel region. The Luxembourg-owned manufacturer says it wants production capacity of 550 MW for monocrystalline PERC modules and special formats this year.
