China’s Ministry of Industry and Information Technology (MIIT) says Chinese manufacturers produced 357 GW of wafers and 318 GW of solar cells in 2022.
Wafer prices rose by between 24% and 36% this week, according to new data from the China Nonferrous Metals Industry Association (CNMIA).
In response to growing demand, Trina Solar has revealed plans to ramp up ingot capacity at a new factory in Xining, in China’s Qinghai province.
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.
Polysilicon prices started to rise in the second half of January, according to new data from the China Nonferrous Metals Industry Association (CNMIA).
In a podcast, former Volkswagen CEO Herbert Diess noted the importance of reducing reliance on China in the solar industry. But he said plans to set up production in Europe require state support and the right conditions.
The Chinese government is considering the introduction of export restrictions on solar wafers, black silicon, and silicon casting equipment. It has launched a public consultation process on the proposed measures.
JA Solar says it will build a new manufacturing facility in Inner Mongolia, China. The plant will produce everything from polysilicon to solar panels.
The volume of polysilicon per watt has fallen by 87% since 2004, while the inflation-adjusted price for polysilicon has dropped by 76%, according to Fraunhofer ISE.
The China Nonferrous Metals Industry Association (CNMIA) says that polysilicon prices have fallen by more than 42% since November, when the raw material reached its highest price point.
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