Furthermore, China’s National Energy Administration (NEA) said residential PV installations totaling 1.93 GW were deployed in October alone and Heterojunction (HJT) solar new entrant Golden Solar became strategic partner of Gold Stone Energy Co Ltd.
The Chint group has also agreed to sell a portfolio of distributed solar projects with a capacity of 493 MW.
Furthermore, DaSolar has unveiled a plan to build a 5 GW module factory in Fujian and Maxwell Technology said it will provide a 500 MW heterojunction solar cell production line to Anhui Huasun New Energy.
JSG has sold several ingot furnaces to Shuangliang Eco-Energy and Jinchen Machinery will provide Yingli with production equipment totaling 3.5 GW.
TBEA unveiled a plan to build a 400,000 MT metal silicon factory in Baotou City, in the Inner Mongolia province. Furthermore, EnergyTrend reported polysilicon prices increased slightly this week.
The worldwide solar boom is proving so profitable the polysilicon manufacturer is even thinking of turning to PV panels to power its manufacturing operations, rather than cheap coal.
Furthermore, TBEA has announced a plan to invest in four solar power plants and Flat Glass has agreed to acquire two quartz mines.
Elsewhere, cell maker Aikosolar has announced two major wafer purchase agreements with manufacturers Shuangliang and Shangji, and Zhonghuan Semiconductor has reported solid financials for the third quarter.
Industrial shutdowns and reduced factory production capacity levels indicate the companies producing the raw materials used by solar manufacturers are being afflicted by electricity consumption measures just as other sectors are. It is not clear whether the solar industry will be afforded any favors by Beijing, as analyst Frank Haugwitz explains.
Luoyang Glass is planning to deploy two solar glass production lines with an annual capacity of 1,200 tons each and wafer maker Wuxi Shangji has secured a big supply agreement from Longsheng New Energy. Furthermore, Tongwei has reported increasing profits driven by its polysilicon business.
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