Polysilicon prices have risen by 8.6% to RMB230/kg (US$35.3/kg) this week following a power crisis in China that has seen the government order silicon metal producers to curb their operations.
As much as 191GW of new solar PV is expected to be installed this year – up by a third on last year’s deployment figure – despite polysilicon and module prices remaining high into 2022, BloombergNEF has said.
Around 400GW of nameplate module manufacturing capacity and nearly 325GW of nameplate cell capacity could be online by the end of 2021, new forecasts from advisory firm Clean Energy Associates (CEA) has said.
Polysilicon manufacturer Xinte Energy has raised RMB2.3 billion (US$355.9 million) from its owner TBEA in order to fund its target polysilicon capacity of 100,000 metric tonnes (MT)
Chinese polysilicon supplier Tongwei Solar has signed an agreement with Leshan City, Sichuan Province to establish a 200,000 metric tonne (MT) polysilicon manufacturing plant.
The PV industry “must remain vigilant” across its supply chain in meeting global human rights standards, trade association SolarPower Europe has said in a new sustainability report.
Major China-based polysilicon producer Xinte Energy is to expand polysilicon production by 20,000MT to meet ongoing demand from its plant in Xinjiang province, despite recently announcing plans to build a planned 200,000MT plant near the city of Baotou, Inner Mongolia.
Having topped RMB1.9/Watt (US$0.29/W) in early 2020 before falling to RMB1.4/Watt (US$0.21/W), PV module prices in China have been on a rollercoaster of late. PV Tech's Carrie Xiao has the latest on module pricing from China.
