Trina Solar has bolstered its solar wafer supply line with the signing of a 1.2 billion wafer deal with Zhonguan Semiconductor, valued at RMB6.5 billion (US$990 million).
‘Solar Module Super League’ (SMSL) member Canadian Solar has stopped tweaking manufacturing capacity expansion plans and guided major plans for 2021 that encompass ingot, wafer, solar cell and module assembly.
Quotes for PV glass have soared this month, reaching a price of RMB43/㎡ according to prices compiled by PV InfoLink, with some small-scale suppliers even quoted prices of RMB50/㎡.
Trina Solar and Tongwei have unveiled a multi-billion-dollar collaboration which will see the two companies invest in and co-develop multi-gigawatt solar supply facilities.
India’s government has agreed on a financing package that includes INR 45 billion (US$603 million) of investment over five years to support the domestic development of high-efficiency PV modules.
The PV industry is on track for strong growth in 2020, despite 10 months of the year being shrouded in uncertainty and perennial pessimism. And while almost all in the sector have been lamenting supposed softness in demand this year, attributed to the COVID-19 pandemic, it turns out that the limiting factor to production and shipment volumes this year simply comes down to the supply of raw materials, namely polysilicon.
Leading solar module manufacturer JinkoSolar has signed a long-term purchase agreement with solar polysilicon and cell provider Tongwei, worth nearly 100,000MT.
Major module manufacturers in China have called on the country’s government to intervene and ease solar-grade glass shortages they have said are “out of control”.
Major polysilicon and merchant solar cell producer Tongwei has resumed production at its 20,000MT polysilicon plant in Leshan City, Sichuan province after damage, due to severe flooding in the region forced the plant to close in mid-August, contributing to a spike in polysilicon prices at the time.
