LONGi wins ‘Top Runner’ bid for 250MW PV power plant in Tongchuan

Leading integrated high-efficiency monocrystalline module manufacturer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology has won a bid to build a ‘Top Runner’ PV power plant of 250MW with partner, Three Gorges New Energy in Yijun County, Tongchuan City, China.

GCL-Poly wants to sell polysilicon subsidiary stake for US$2 billion

Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings said it was in talks with major China state-owned industrial conglomerate, Shanghai Electric to sell a major shareholding in its main polysilicon production subsidiary, Jiangsu Zhongneng Polysilicon for around US$2 billion.

Solar module prices set to fall 35% in 2018 - BNEF

According to Bloomberg New Energy Finance (BNEF), the global average selling price (ASP) of solar modules is expected to decline by 35% in 2018, compared to previous forecasts of a 20% to 27% decline, due to the Chinese government curtailing solar growth through new policies initiated last Friday.

ROTH Capital expects 34GW of solar production overcapacity after China caps growth

US-based investment firm ROTH Capital Partners expects as much as 34GW of solar production overcapacity in China in 2018 as a result of the “stark policy pivot” by the Chinese government, which imposed sector caps and feed-in tariff (FiT) mechanism reductions to drastically cap solar installation growth, last Friday.