Major semiconductor and specialist solar equipment manufacturer withdraws its business outlook for its FYQ2 as pandemic hits supply chain and manufacturing operations.
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member approves around US$985 million in capex on three separate capacity expansion projects totaling 25GW for 2020.
Major polysilicon and merchant solar cell producer, Tongwei Group is adding 40,000MT of high-purity polysilicon at a cost of around RMB 4 billion (US$563 million), which is to result in its total polysilicon capacity reaching 155,000MT in 2021.
‘Solar Module Super League’ (SMSL) member LONGi Solar has started volume production at its latest 5GW highly automated module assembly plant to produce its HI-MO 1 modules using large area 166mm x 166mm (M6) wafers.
As expected, extension of Chinese New Year due to COVID-19 and restrictions to travelling and manufacturing re-starts had a sizeable impact on PV module exports from China in February, according to the latest official figures.
China-based PV manufacturer Jiangsu Akcome Science & Technology Co is issuing non-public ‘A’ shares to raise capital to invest in a second phase capacity expansion of heterojunction (HJ) solar cell and module production.
Reports indicate the state-owned utility intends to invest CNY23 billion (US$3 billion) in the hybrid plant, set to come online in 2021 and produce 400,000-500,000 tonnes of hydrogen per year.
Small-scale specialist will set sights on US and European projects after year of higher profits and revenues, net income losses and relocation from Shanghai to Connecticut.
‘Solar Module Super League’ (SMSL) member, LONGi Solar is to supply its Hi-MO 4 modules with the new M6 (166mm x 166mm) wafers to a 65MW PV power plant in Japan.
Leading SMSL member confirms milestones for shipments (14.3GW), gross profit (US$780.2m) and others in 2019, predicting COVID-19 will not “materially” hurt business
