Tongwei has revealed a new upstream investment plan in Inner Mongolia, while China Huadian has completed its latest 2023 central procurement round, securing 8.95 GW of PV panel products from JA Solar, Astronergy, Das Solar, Trina Solar, and Longi.
As solar module prices continue to drop to record lows, amid global oversupply, questions are being asked about how much inventory is sitting in European warehouses and when normal levels will return. With numerous estimates and assumptions swirling, EUPD Research’s Markus A.W. Hoehner and Ali Arfa have looked closely at the numbers in an attempt to provide a transparent view of the issue.
While shingled cells have been around for a while, Tongwei’s adoption of the technology is notable as it is a manufacturer with considerable scale. If shingling can overcome some hurdles, it could prove a welcome solution as unshaded sites for PV become elusive in mature solar markets.
Chinese PV manufacturer TW Solar (Tongwei Co., Ltd.) TW Solar spoke to pv magazine at the recent World Future Energy Summit (WFES) in Abu Dhabi about its strategy for the Middle East and North Africa (MENA) region and other global markets.
Tongwei has revealed plans to set up a new polysilicon facility with a production capacity of 120,000 metric tons (MT) in Leshan, in China’s Sichuan province.
Tongwei has revealed plans to add 25 GW of new module capacity at a new factory in Jiangsu province, while JA Solar has said that it will expand wafer, cell and module capacity across two industrial sites.
Tongwei and Jolywood announced higher cell prices, while Maxwell revealed that it has signed a deal to sell 4.8 GW of heterojunction PV production equipment to Golden Glass.
Energy policy in China’s Inner Mongolia region took a sharp turn on Aug. 30, when the authorities decided to terminate discounted power prices, effective immediately. The full impact of this shift remains to be seen.
Tongwei has won a contract to supply China Resources Power with 3 GW of solar panels, while Canadian Solar has revealed that it had a particularly strong second quarter.
Investments in renewables are hitting new highs in China, as recurrent Covid-19 outbreaks and a crisis-stricken housing market threaten the world’s second-biggest economy, according to BloombergNEF.
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