Chinese wafer producer TCL Zhonghuan is planning to take a controlling stake in cell and module manufacturer DAS Solar to strengthen its vertical integration.
Solar PV solutions provider Nextpower has finalised its Saudi joint venture formation, Nextpower Arabia, which is building a manufacturing facility in the country.
Wang Bohua, honorary chairman of the China PV Industry Association (CPIA), said that the polysilicon production in China experienced its first year-on-year decline since 2013, while wafer production registered its first year-on-year decline since 2009.
India’s flagship solar PV manufacturing incentive has driven “robust growth” in the sector since its launch, but hurdles remain to building a complete domestic supply chain.