TCL Zhonghuan

The Silicon Industry Branch of CNMIA published the latest solar-grade polysilicon prices on 23 August, which were on an upward trend.

Prices of all upstream PV products such as silicon wafers and silicon ingots increased recently, but downstream module prices continued to decline and reached new lows.

PV Price Watch update with TCL Zhonghuan's wafer price reduction for both its p-type and n-type products, following LONGi's price reduction.

TCL Zhonghuan has made a series of announcements recently, including investing in a 25GW N-type TOPCon project, initiating a share buyback and releasing its operating data in the first quarter of the year, which reflected its new direction in the industry and confidence in high quality development.

Chinese solar PV manufacturer TCL Zhonghuan has planned to issue nearly RMB13.8 billion (US$2 billion) convertible bonds for its 35GW annual capacity ultra-thin high-purity mono silicon wafer and 25GW n-type tunnel oxide passivated contact (TOPCon) 4.0 highly-efficient solar cell plants.

On April 6, TCL Zhonghuan announced its latest silicon wafer prices, which saw a general downwards trend despite module prices recovering.

Solar PV silicon wafer manufacturer TCL Zhonghuan has planned to reach a total mono wafer annual capacity of 180GW by the end of 2023.

Silicon prices have marginally increased in the last week, according to the latest figures from the Silicon Industry Branch of China Nonferrous Metal Industry Association published on 15 February.

With silicon material and wafer prices on the rise, the impact is being felt further downstream amid warnings module prices could continue increasing this month.

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.