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LONGi Solar recorded a 21% leap in net profit in the first half of the year despite what it described as a “moderate” adjustment to capacity utilisation rates in the wake of market demand.
JA Solar has disclosed plans to invest up to RMB5 billion (US$773 million) in upstream silicon rod and wafer projects after witnessing its operating costs soar in the first half.
Russian module and cell manufacturer Hevel Solar has constructed a 2.6MW off-grid solar-plus-diesel project in the Chukotka autonomous region on the east coast of Russia, which the company said is the first of its kind in the Russian Arctic zone
Module manufacturer and energy solutions company Q CELLS North America has invested in a portfolio of solar-plus-storage projects developed by Amped Solutions via a grid equity investment
Equipment manufacturer SCHMID Technology Guangdong has received a “significant minority investment” from Chinese investor XJ Capital in a boost to its PV business
LONGi has increased its wafer prices for the first time in nearly two months with the industry braced for continued high prices throughout the rest of the year.
Major polysilicon producer Daqo New Energy has unveiled plans to increase its annual production capacity to 270,000 metric tons (MT) by 2024 while also plotting a course for dominance of the n-type polysilicon market.
