Seven key Asian countries collectively saved approximately US$34 billion in fossil fuel costs in the first half of 2022 through solar generation, according to research from Ember, the Centre for Research on Energy and Clean Air (CREA) and the Institute for Energy Economics and Financial Analysis (IEEFA).
Subsidiaries of Daqo New Energy have agreed large five-year polysilicon supply agreements with Chinese solar manufacturing companies, the most recent in a number of significant deals signed this year by the company.
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.
