Leading solar module manufacturer JinkoSolar has signed a long-term purchase agreement with solar polysilicon and cell provider Tongwei, worth nearly 100,000MT.
Some 12GW of renewable generation assets and 2GW of energy storage are set to come online in New South Wales (NSW) over the next ten years as part of state government plans to replace an ageing coal fleet and deliver lower electricity prices for consumers.
Ambitious proposals to ramp up green hydrogen production in Chile and South Australia have been announced this week, as both look to take advantage growing supplies of renewables to help decarbonise their economies and meet green energy targets.
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”.
Interest-free loans for rooftop solar and the development of at least 250MW of large-scale battery storage are among the policies put forward in a new power-sharing agreement for the Australian Capital Territory.
Leading solar manufacturer JinkoSolar has said it is now “actively preparing” to list its Jiangxi subsidiary on China’s STAR market after it raised around US$458 million through an equity financing round.
‘Solar Module Super League’ (SMSL) member Trina Solar reported an 18.66% increase in revenue for the first nine months of 2020 compared to the prior year period, setting the company on a path to exceed 2019 financial results in the fourth quarter after several years of annual revenue declines.
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.
Total solar installations are to hit 115GWdc this year as the sector continues to record a robust recovery from the COVID-19 pandemic, analysis by Wood Mackenzie claims.
‘Solar Module Super League’ (SMSL) member First Solar is undertaking capacity expansions at its two existing manufacturing plants in Ohio, while evaluating several new international locations to grow its global module sales business as initial Series 6 CdTe thin film module expansion plans come to an end, effectively becoming capacity constrained again from 2021, onwards.
