Central & East Asia

The global weighted average LCOE of utility-scale PV plants fell to US$0.044/kWh in 2023, a 12% year-on-year decline from 2022.

The average price of n-type material last week reached RMB41,700/ton (US$5,933), up 0.24% month-on-month, while other quotations remained stable, according to the latest figures.

LONGi has released its performance report for H1 2024, which includes the shipment of close to 80GW of cells, wafers and modules.

Gautam Solar estimated its investment in the 2GW TOPCon solar cell manufacturing plant to be nearly US$120 million.

The power will be produced at the Khavda solar park, a hybrid technology renewable energy generation facility with a maximum output of 30GW located in the Indian state of Gujarat.

The PV industry is set for a humbling 2025, with the current manufacturing downturn expected to extend well into 2026.

India has called for comments on its proposed addition of cells to its Approved List of Models and Manufacturers (ALMM).

Special funding for certain states could complicate other incentive schemes, while a ten million household rooftop PV scheme faces challenges.

JA Solar has supplied 1.1GW of modules for two animal husbandry and what it calls “PV complimentary” projects in the Latuo County of Tibet.

Indian energy conglomerate Jakson Group will invest US$240 million to establish a 2.5GW solar cell manufacturing facility in India. It will also expand its module assembly capacity to 2GW.