Chinese PV Industry Brief: Tongwei and Jinko team up, as NEA sets new 2030 targets
China’s National Energy Administration expects renewables to represent 40% of the nation’s energy consumption by 2030, and proposed new targets for local and regional government authorities. On the manufacturing side, Tongwei and JinkoSolar announced plans to deepen their strategic cooperation, and Huadian Group has launched its first tender this year for 7GW each of modules and inverters.
Tongwei and Jinko plan more wafer and poly production
The two solar companies have signed a strategic agreement to jointly finance new manufacturing facilities, Tongwei announced this morning.
Chinese PV Industry Brief: Increasing wafer prices and new glass and polysilicon orders
Zhonghuan and Longi raised the prices of their wafers before the Chinese New Year holiday. Longi also secured more polysilicon and glass through two different orders, with OCI Group and Flat Glass, respectively.
Chinese PV Industry Brief: China could add 65 GW of solar this year as Longi order gives GCL-Poly a much-needed lift
State-owned power company SPIC is all set to contribute to the figures after announcing it wants to add 15 GW of renewables capacity during 2021 and China Glass, fresh from rebuffing Xinyi Glass’ takeover offer, is on the hunt for more manufacturing facilities.
Chinese PV Industry Brief: More wafer and polysilicon capacity and new suppy deals
Wuxi Autowell has begun construction on its 50 GW wafer factory in Guangdong province and Longi and Wuxi Shangji Automation have announced new supply deals. GCL-Poly has announced it will raise the production capacity of its factory in Jiangsu from 6,000 to 10,000 metric tons – despite the company suffering a cross-default at the weekend.
Chinese PV Industry Brief: Another huge glass order and new profit forecasts
Module maker Risen has agreed to buy 34 GW of solar glass from Flat Glass Group (FGG). Both Trina and Goodwee announced strong profit growth for 2020.
Chinese PV Industry Brief: Strong profit growth for Sungrow, new wafer prices from Longi
Furthermore, Risen predicts its solar module shipments will reach 15 GW this year and Sze Tan Hung has increased her stake in solar cell and panel maker Solargiga.
Chinese PV Industry Brief: New supply deals for Xinte, Chint, Flat Glass, Trina, Longi and Risen
Longi, Trina and Risen secured solar module supply deals in a tender held by the China National Nuclear Corp. Furthermore, Xinte, Flat Glass and Chint won contracts to supply polysilicon, glass and wafers, respectively.
Beijing: China installed 48.2 GW of solar in 2020
With the nation almost doubling its new generation capacity figure for the year last month, the National Energy Administration is reportedly considering a joint solar and wind capacity target of 120 GW for this year.
Chinese PV Industry Brief: Another 21 GW of module capacity and record PV growth for SPIC
Longi and Risen both announced plans to build up new module and cell manufacturing capacity. Furthermore, the State Power Investment Corporation (SPIC) has revealed it deployed more than 10 GW of solar power last year.
