The Chinese government says the nation is on track to install 108 GW of PV this year. Huaneng says it will build a new 10 GW module factory, while Akcome has revealed plans to increase its heterojunction panel capacity by 6 GW.
Polysilicon manufacturer Wacker has launched a feasibility study for its expansion plans in Norway. It said its production capacity in the village of Holla could increase by 50% by 2025.
Automaker Geely has commissioned a new polysilicon factory in northern China, while ET Solar has opened a new 5 GW wafer factory in Vietnam. Poly giant GCL Technology, meanwhile, has confirmed that its board might issue common stock for a Chinese listing.
In other news, Zhonghuan Semiconductor announced it will begin selling 210 mm n-type wafers and the local government in Zhejiang Province said it wants to deploy another 12.4 GW of new PV by 2024.
Longi has revealed plans to build a new panel factory in Anhui province, China Huaneng Group has announced a 1.3 GW renewables project in Heilongjiang province, and JinkoSolar has issued a warning about rising polysilicon prices.
Meanwhile, Trina Solar has established a new branch for upstream operations and Longi has a officially changed its company name.
PV module exports surged in the first quarter, according to research firm PV InfoLink. Risen Energy, meanwhile, has just signed a $2.16 billion, long-term wafer supply deal with Shuangliang Eco-Energy.
A Chinese industry group has reported rising polysilicon prices and supply chain problems ahead, but GCL Technology said this week that strong polysilicon and wafer prices were the reason its business performed strongly in 2021.
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.
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.
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