The cost of solar panel raw material polysilicon topped $40/kg this week, according to the China Nonferrous Metals Association, continuing a three-month upward trend.
In other news, Shuangliang is planning to set up 20 GW of solar module production and Longi has said higher electricity prices may have an impact on its financial results.
Zhonghuan Semiconductor has ramped up wafer prices, China Resource Power has secured 5GW of solar panels, and GCL-Poly is preparing to rebrand as GCL Technology Holdings. China’s Guangxi Zhuang region, meanwhile, has announced plans to deploy 16GW of PV.
In other news, JinkoSolar secured a 1GW supply agreement with CNNC Rich Energy Corporation Limited and Yunnan Province announced a plan to deploy another 50GW of PV over the next three years.
Talesun announced the project for the PV factory adding it will also develop 5GW of agrivoltaics in China’s Hebei Province. Longi has also announced it has raised the prices of its wafers again.
Elsewhere, Longi will buy 203,600 tons of polysilicon from Chinese Tongwei, and the Chint Group is planning to deploy 1.6GW of distributed solar across four provinces.
In other news, Canadian Solar revealed it shipped 14.5 GW of solar modules in 2021 and China Power said it installed 1.22 GW more solar generation capacity last year.
Xinte’s new manufacturing facility is planned to be located in Changji county, in the Xinjiang Uygur autonomous region. Moreover, Longi is planning to build another factory in Erdos City, Inner Mongolia.
Elsewhere, Wafer manufacturer Shangji Automation has secured a long-term wafer supply agreement from cell maker Aiko Solar and wafer maker Zhonghuan Semiconductor reported record revenue for 2021. Furthermore, GCL-Poly appears to have backtracked on its plan to rename the business GCL Technology
Glass maker Flat Glass wants to add 7,200 MT of new glass capacity spread across six new production lines and panel manufacturer Eging PV started construction of a new PV panel factory with an annual capacity of 5 GW.
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