LONGi Green Energy Technology Co, the largest monocrystalline wafer producer, has signed a new agreement to build a new 20GW wafer plant in Chuxiong, Yunnan province with further plans to expand capacity to 40GW in the future.
During the past few years, the migration from multi to mono, replacing Al-BSF p-type cells with rear passivation layers (PERC), and having the capability of bifacial light absorption, have been the very obvious technology shifts seen within the PV industry.
Chinese firm boasts of dominance in the continent and market hold in Southeast Asia and Australia as deliveries reach the three-digit-gigawatt threshold across the globe.
Capital expenditure (capex) for c-Si manufacturing (covering ingot/wafer and cell/module stages) is forecast at approx. US$9 billion in 2019, consistent with levels seen during 2017 and 2018.
LONGi Green Energy Technology Co, the largest monocrystalline wafer producer has announced major plans to further expand its ingot and wafer capacity past 2020.
Major polysilicon producer Wacker Chemie has directly blamed the Chinese governments support of its domestic polysilicon manufacturers for the need to make a major write-down of its polysilicon production facilities in Germany and the US with a massive €750 million impairment charge in its FY 2019.
PV Evolution Labs (PVEL), Lloyd's of London syndicate Ariel Re (a member of Argo Group), and Beecher Carlson Insurance Services, LLC have launched PV PlantProtect. This is the first-of-its-kind risk mitigation and insurance program using technical due diligence best practices to improve solar project economics for developers.
The forthcoming PV CellTech 2020 event in Penang, Malaysia on 10-11 March 2020 is to feature a special session topic on thin-film solar PV, and review the prospects of this technology being the subject of another round of global investments.
‘Solar Module Super League’ (SMSL) members, JinkoSolar, Trina Solar and Risen Energy have announced new PV module supply deals, cell efficiency records and overseas market growth this week.