Adani, Reliance New Energy, Jindal India Solar and Shirdi Sai Electricals have been put on a shortlist for India’s production-linked incentive scheme for high-efficiency PV module manufacturing. The list includes 14 other companies vying for the incentives.
China Green Development Group is building a giant project consisting of 3 GW of photovoltaics and 300 MW of concentrating solar power. The plant is scheduled for completion in 2025 and is part of China’s 14th five-year plan.
A note issued by Norwegian analyst Rystad has hinted it may be time to consider abandoning the 1.5-degree average global temperature rise ceiling agreed upon in Paris six years ago, because the world will never be able to pump out enough solar panels in time.
In addition, JA Solar was able to ship 10 GW of modules in the first six months of the year and raise RMB5 billion for new production capacity.
The new polysilicon factory will be located in Leshan City and will be built thanks to an investment of $2.1 billion.
Furthermore, Aikosolar is seeking funds to build two solar cell factories totaling 16.5 GW, and China Huaneng Group (CHN) wants to deploy a 2 GW plant including agrivoltaics, floating PV and solar facilities built on fishponds.
China’s National Development and Reform Commission (NDRC) has allocated RMB500 million (US$78.1 million) for the incentive scheme for residential PV in 2021. Chinese electronic engineer TBEA is set to raise its controlling stake in polysilicon manufacturer Xinte Energy as it attempts to fund a planned 100,000-tons-per-year fab in Inner Mongolia.
Moreover, Linyang Energy announced a plan to build a 10 GWh lithium-ion battery manufacturing facility in Qidong city, Jiangsu province. Chinese state-owned lender China Development Bank (CDB) has allocated RMB500 billion in special loans to support projects in the energy sector to help China reach its decarbonization targets
Solar manufacturers Longi and Zhonghuan Semiconductor have reported output at their factories in the two provinces has been reduced by earthquakes that happened on Friday night and before dawn on Saturday. Elsewhere, module maker Jolywood has announced the signing of an agreement with the city government of Taiyuan, in Shanxi province, to build a TOPCon solar cell fab with a 16 GW production capacity.
China-based wind turbine manufacturer Mingyang Smart Energy wants to build a heterojunction module factory with a capacity of 5 GW. Both Longi and Tongwei have raised the prices of their wafers and cells, respectively.
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