Irico says it has posted revenue of CNY 1.28 billion ($176.65 million) for the first half of the year, while Daqo has announced a share repurchase program.
Sineng Electric says it will build a new factory in China’s Jiangsu province, while Huasun says it has commissioned 3 GW of bifacial heterojunction cell production capacity in Anhui province.
China Three Gorges Group has announced its latest PV module procurement results, while GCL-Si has revealed plans to raise CNY 5.8 billion ($812.9 million) via a private placement to finance its expansion.
Large capacity addition in solar modules by 15-20 players is likely to drive domestic solar glass demand, say CRISIL analysts in an interview with pv magazine. New players have expressed interest to set up solar glass manufacturing in India, however, import duty removal last year on solar tempered glass has put them in a wait-and-see mode.
Inner Mongolia Berun Group recently inaugurated a new soda ash factory in China. pv magazine spoke about the impact of the new facility on solar glass prices with Marguerite Morrin, research director for OPIS’ Chemical Market Analytics. She said the facility will produce natural soda ash, which is cheaper than synthetic soda ash.
Hoshine says it will build its first solar panel factory in Jiaxing, China’s Zhejiang province.
TCL Zhonghuan reduced its wafer prices by between 16% and 24%, while its competitor Gokin Solar is raising funds to build additional ingot and wafer capacity. Meanwhile, TW Solar announced a 3.4 GW solar plant across 52 fishponds.
A Dutch research group has used a series of techniques from the automotive industry to develop a novel methodology to repair glass in double-glass solar panels. Their experimental work represents the step towards transforming glass-damaged solar panels from waste into valuable products.
Canadian Premium Sand says it will expand production to provide its solar panel glass to Qcells, Meyer Burger, and Heliene, each of which has signed large supply agreements.
Borosil Renewables says the solar glass capacity of its German unit, GMB Glasmanufaktur Brandenburg GmbH, has increased to 350 tons per day (tpd) from 300 tpd, following the modification of its furnace.
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