China-based integrated monocrystalline PV manufacturer Solargiga Energy has warned that despite a 37% increase in total revenue for 2020, supply chain issues led to expected losses of around RMB215 million (US$33 million) for the year.
Having topped RMB1.9/Watt (US$0.29/W) in early 2020 before falling to RMB1.4/Watt (US$0.21/W), PV module prices in China have been on a rollercoaster of late. PV Tech's Carrie Xiao has the latest on module pricing from China.
India will introduce a 40% basic customs duty on solar modules and 25% duty on cells as of April 2022 to cut the reliance on imports and expand the country’s PV manufacturing base.
‘Solar Module Super League’ (SMSL) member JA Solar is planning a new manufacturing hub in Qidong Economic Development Zone, Jiangsu Province, China to operate 20GW of solar cell production and 20GW of PV module assembly.
Major polysilicon and solar cell producer Tongwei Group has begun ramping the final cell lines at its 15GW Meishen production hub in Sichuan Province, with the facility now the largest single site for solar production in the world.