TCL Zhonghuan cut the price of its solar wafers for the first time this year, with this trend expected to continue as new production capacity comes online across the industry.
PV Tech Premium provides a round-up of several key policy measures and company announcements China last week, all with big implications for the global solar PV industry.
Solar Module Super League (SMSL) member JA Solar achieved an operating revenue of RMB49.323 billion (US$6.8 billion) in the first three quarters on 2022, a year-on-year increase of 89%, according to the company’s financial results released yesterday.
Major polysilicon producer Daqo Clean Energy has reported strong financial results for Q3 2022 as the demand for its solar grade polysilicon remains strong and it continues to land large supply contracts.
Daqo New Energy has signed a ‘Procurement Framework Contract’ with a customer who will purchase 432,000 tonnes of solar-grade high-purity polysilicon from the company and its subsidiary Daqo Inner Mongolia between 2023 to 2028.
The world installed around 174GW of solar PV in 2021, a 20% jump on the previous year, and is expected to deploy 260GW this year, barring any major disruptions to international trade.
Subsidiaries of polysilicon producer Daqo New Energy have signed a five-year polysilicon supply agreement with solar wafer manufacturer Shuangliang Silicon Materials.
Global polysilicon capacities are on track to reach 295GW by the end of 2022 as six new facilities ramp up production this quarter, according to new research from Clean Energy Associates (CEA).
