Central & East Asia

Bank of China Securities has issued a research report which stated that the PV industry chain price has stopped rising and may even drop in the future.

During 2022, capex for solar PV manufacturing fabs reached a record high - at more than US$27 billion - with spending dominated by Chinese companies building out new fabs in China and across Southeast Asia.

German research body Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has signed a letter of intent (LoI) with the Indian Department of Science and Technology (DST) to pursue developments in green hydrogen technology in the country.

Indian government-owned NTPC Renewable Energy has launched a bidding process seeking 310MW of floating and ground-mounted solar PV in India.

Solar manufacturer Trina Solar has launched a new Vertex S+ PV module series using n-type i-TOPCon cells.

The China Petroleum and Chemical Corporation, also known as Sinopec, has inaugurated a green hydrogen facility in the Erdos region of Inner Mongolia which will employ 270MW of solar PV generation.

Four Chinese polysilicon manufacturers have posted increased net profits thanks to increased sales or short supply.

Chinese imports of polysilicon dropped 23% year-on-year to 88,093MT in 2022, according to polysilicon research firm Bernreuter Research.

China’s PV industry's production value last year reached RMB1.4 trillion (US$203.5 billion), according to a report published by China’s ministry of industry and information technology.

Astronergy is aiming to reach 49GW of solar module capacity this year as it increases efforts to expand TOPCon production while exploring the potential of opening a manufacturing facility in the US.