Following on from our recent piece on what is driving the largest ever wave of manufacturing capacity expansion announcements in the PV industry, a few real-world examples may shine further light on this topic.
Beijing Jingyuntong Technology Co (JYT) has secured four major large-area mono-wafer orders from PV module and solar cell producers totalling around RMB16.78 billion (US$2.6 billion) in the last few weeks.
The China-based PV manufacturing industry has been in a massive capacity expansion phase since 2019. This intensified in the first quarter of 2020 but had eased off through the year, but the cumulative figures are jaw dropping, which has led to real fears of overcapacity in 2021.
Leading ‘Solar Module Super League’ (SMSL) member JinkoSolar has set a new record conversion efficiency of 24.90% for its N-type TOPCon monocrystalline silicon solar cell that has been independently verified by the Institute for Solar Energy Research in Hamelin (ISFH), Germany.
A round-up of the latest solar manufacturing capacity announcements in China continued unabated during the festive season, leading up to the beginning of 2021
Meyer Burger has been pledged a total of €22.5 million in regional German government grants when the company starts ramping volume production capacity to 1.4GW for its heterojunction (HJ) solar cell and module assembly.
China-based polysilicon producer, Daqo New Energy Corp has secured near-term polysilicon supply deals with SMSL (Solar Module Super League) member, JA Solar and an unidentified existing customer that means it is sold out until a new polysilicon plant is built and operational sometime in 2022.
