Diversified Chinese enterprise Hengdian Group DMEGC Magnetics Co (DMEGC) has started construction of a new 500MW integrated monocrystalline solar cell and module plant in Hengdian, Zhejiang Province, China for subsidiary, DMEGC Solar Energy.
Taiwan-based market research firm EnergyTrend expects the tight global supply of multicrystalline wafers that has led to a spike in prices should begin to ease later in the first quarter as new capacity starts to come on stream.
China-based module assembly automation specialist Suzhou Horad New Energy Equipment Co (Horad) has secured a 200MW turnkey module assembly line order with major Taiwanese cell producer, Motech Industries.
Major monocrystalline wafer producer Longi Silicon Materials has signed an agreement with Yan'an City, Shaanxi Province Qi County People's Government to build a 100MW monocrystalline module based PV power plant.
Monocrystalline wafer producer Comtec Solar Systems Group has attracted two new major shareholders through a new share subscription offer to expand further into the downstream PV power plants business as well as support potential upstream consolidation of its group businesses to strengthen the company.