CubicPV, Waaree sign 1 GW PV cell supply deal
US-based CubicPV will supply 1 GW of Direct Wafer silicon solar cells per year to Indian manufacturer Waaree Energies under a five-year contract. The cells will be supplied from its upcoming 2 GW factory in India.
Chinese PV Industry Brief: Tongwei wants to reach 1 million MT polysilicon capacity by 2026
Tongwei also announced it wants to expand its solar cell capacity to 70 GW by the end of 2022 and 102 GW by the end of 2023.
Chinese PV Industry Brief: Daqo reports polysilicon average selling price of $32.76/kg in Q1
Daqo announced its best quarterly financial results, with net profit reaching $535.8 million, while Sungrow saw its profit drop by 19%. Polysilicon manufacturer GCL-Poly changed its name to GCL Technology Holdings Limited and announced a plan to build another 100,000 MT polysilicon factory in Inner Mongolia in partnership with Zhonghuan Semiconductor.
Chinese PV Industry Brief: Hoshine expands PV glass output, Tongwei raises cell prices
Hoshine plans to expand PV glass production, while Tongwei is raising PV cell prices, with a particular focus on monocrystalline cells. Maxwell Technology has secured a 4.8 GW production line order from India’s Reliance Industries, while JA Solar has reported a net profit increase of 35% for 2021.
Chinese PV Industry Brief: Polysilicon prices keep rising
The cost of solar panel raw material polysilicon topped $40/kg this week, according to the China Nonferrous Metals Association, continuing a three-month upward trend.
Chinese PV Industry Brief: Zhonghuan wants to increase polysilicon capacity by 120,000 MT
In other news, Shuangliang is planning to set up 20 GW of solar module production and Longi has said higher electricity prices may have an impact on its financial results.
Chinese PV Industry Brief: Zhonghuan raises wafer prices, China Resource Power procures 5GW of modules
Zhonghuan Semiconductor has ramped up wafer prices, China Resource Power has secured 5GW of solar panels, and GCL-Poly is preparing to rebrand as GCL Technology Holdings. China’s Guangxi Zhuang region, meanwhile, has announced plans to deploy 16GW of PV.
Chinese PV Industry Brief: Tongwei deploys another 32GW of solar cell capacity
In other news, JinkoSolar secured a 1GW supply agreement with CNNC Rich Energy Corporation Limited and Yunnan Province announced a plan to deploy another 50GW of PV over the next three years.
Chinese PV Industry Brief: Talesun plans 5GW heterojunction PV module factory
Talesun announced the project for the PV factory adding it will also develop 5GW of agrivoltaics in China’s Hebei Province. Longi has also announced it has raised the prices of its wafers again.
Chinese PV Industry Brief: China tops 315GW of solar
Elsewhere, Longi will buy 203,600 tons of polysilicon from Chinese Tongwei, and the Chint Group is planning to deploy 1.6GW of distributed solar across four provinces.
