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.
Big numbers from polysilicon and cell maker Tongwei and the latest government statistics indicate the nation is in the midst of a flood of solar capacity additions at the moment.
Furthermore, speaking about its joint venture with Trina Solar for the development of 15GW of ingot manufacturing and 15GW of wafer cutting projects, Tongwei said all work will be finished and put into production in H1 2022. PV prices are also seeing declines along the solar supply chain.
The former has committed to invest more than $70 million into a 100,000-ton polysilicon production line in Leshan that will then supply it with 30,000 tons of its output annually.
China’s president has detailed plans to accelerate the planning and construction of large-scale wind and PV projects in desert areas, while Wuxi Shanghai announced new granular silicon and nano-silicon production capacity expansions.
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