The two solar companies have signed a strategic agreement to jointly finance new manufacturing facilities, Tongwei announced this morning.
Longyuan has revealed plans to build a 350 MW hybrid wind-solar plant in Shandong province. China Resources, meanwhile, said it will build 200 MW of floating solar in Hubei province.
GCL-Poly has pulled its commitment to inject US$68m into a 30 GW production capacity wafer fab joint venture established with Tianjin Zhonghuan in the Chinese autonomous region of Inner Mongolia, citing a preference to focus on ‘more competitive products’.
The latest development on the module front sees manufacturers adopting larger wafer sizes in order to reach the industry’s raised expectations for power output. Older “M2” wafers have been the standard in recent years but now appear to be on the way out. Several theories about optimal size are gaining ground, but the future direction of the standard is still far from clear.
Chinese manufacturer, JA Solar has secured a long-term buyer credit loan facility worth US$68.4 million for the procurement of equipment for its 1.5 GW wafer facility in Vietnam.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.