Max Hall
Chinese PV Industry Brief: Daqo reports polysilicon average selling price of $32.76/kg in Q1
Daqo announced its best quarterly financial results, with net profit reaching $535.8 million, while Sungrow saw its profit drop by 19%. Polysilicon manufacturer GCL-Poly changed its name to GCL Technology Holdings Limited and announced a plan to build another 100,000 MT polysilicon factory in Inner Mongolia in partnership with Zhonghuan Semiconductor.
IRENA fleshes out chilling effect of Covid on off-grid solar
The clean power numbers published annually by the International Renewable Energy Agency provide a snapshot of the global solar market and, this year, a lot of figures were unchanged from the previous dataset, especially in the off-grid segment.
Trade body expects China to add 90 GW of solar this year
Solar developer Beijing Energy reported a bumper prediction apparently made by the China Electricity Council, as the developer published its annual figures today.
Fluid gas market situation casts shadow over EU energy system models
With each of the 10-year network development plans produced by Europe’s electricity transmission system operators years in the making, the latest such publication may already be out of date as the bloc prepares to fast forward its energy security and climate change ambitions.
Polysilicon giant planning more production capacity
Newly rebranded GCL Technology is laying plans to invest more than $1 billion into its output capability, as its latest set of quarterly figures again spelled out just how profitable the business is at the moment.
Polysilicon maker predicts 5-year shortage of solar raw material
TBEA-owned Xinte Energy says it cannot produce polysilicon quickly enough to meet demand and wants shareholders to back its bid to quadruple its manufacturing capacity by mid 2024.
Greek solar company suffers fresh EU court reversal
The European Court of Justice has told Solar Ileias Bompaina that it must pay the costs of both parties in a seven-year dispute stemming from the former Greek government’s move to reduce solar feed-in tariffs and claw back historic payments.
European Commission could call in Macquarie bid for French developer
Australia’s Macquarie is leading a consortium that has reportedly tabled a €2.5 billion ($2.7 billion) bid for a clean energy business formed by French private equity houses InfraVia and Eurazeo.
Chinese PV Industry Brief: Hoshine expands PV glass output, Tongwei raises cell prices
Hoshine plans to expand PV glass production, while Tongwei is raising PV cell prices, with a particular focus on monocrystalline cells. Maxwell Technology has secured a 4.8 GW production line order from India’s Reliance Industries, while JA Solar has reported a net profit increase of 35% for 2021.
Guyana prepares 1.5 MW solar park
The $2.7 million solar plant will help reduce fuel costs and the nation’s carbon footprint, according to Prime Minister Mark Phillips.
