Two industry experts have provided analyses of the current polysilicon price scenario in a chat with pv magazine and both agreed that polysilicon demand is still growing faster than supply. The price may decrease starting from the second quarter and reach more reasonable levels by the end of the year.
Panel maker Trina Solar and wafer manufacturing compatriot Shuangliang Eco-Energy have announced bumper profits from last year as polysilicon producer GCL ponders a rebrand.
Hoshine will invest $2.75 billion in the new polysilicon factory. Elsewhere, Irico New Energy today announced a strategic co-operation agreement with PV manufacturer Jinko Solar that will see it prioritize supply of solar panel glass.
In other news, Longi raised funds to build another 18 GW of solar cell capacity and Suntech began work on its 10 GW module factory in Anhui Province.
Scientists in Australia have analyzed the state-of-the-art of all gettering technologies used in the solar industry. This technique, which is aimed at reducing defects in wafer manufacturing, may become more important in the future, as cell efficiencies increase and become increasingly sensitive to traces of metallic impurities.
According to PVInfolink, the top 10 solar manufacturers accounted for over 160GW of shipments or a global market share of 90% in 2021.
The National Energy Administration (NEA) reported this week that the newly installed PV capacity for the Chinese market reached around 53 GW last year. Of this capacity, around 29 GW comes from distributed generation projects. The country’s cumulative installed power reached 306 GW at the end of December.
Furthermore, Tongwei secured 104,800,000 wafers from Shuangliang and PV module manufacturer Yingli said its capacity has reached 8GW.
Solar manufacturer JinkoSolar announced on Wednesday that its 8 GW TOPCon cell factory in the Anhui Province has started manufacturing activities. Polysilicon supplier and solar cell maker Tongwei announced on Thursday it expects to achieve a net profit of up to RMB 8.5 billion ($1.33 billion) with a YoY increase of around 136%.
The energy company will buy panels from JinkoSolar, Risen Energy, Canadian Solar, JA Solar, GCL Integration and Longi. Elsewhere, Xinyi Solar and Golden Solar have both announced new transactions to strengthen their business.
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