Monocrystalline module manufacturer Longi is venturing into new territory but missed out to its rival on two big panel orders from a state-owned power company.
Enhanced module appearance and power output can be achieved by a smart cell interconnection technique Longi is employing in its Hi-MO5 module series. But as with all new technologies, there are potential pitfalls.
The TBEA-owned poly manufacturer has predicted further consolidation as it aims to ramp up output with another 100,000 tons of annual production capacity.
“Unprecedented” was a term widely used in 2020, as the world grappled with the Covid-19 pandemic. The same word can be similarly applied to the plans and investments in production capacity announced by Chinese PV manufacturers right across the supply chain. But what shape are these expansions taking and what is driving this renewed confidence? Vincent Shaw reports from Shanghai.
The Covid-19 pandemic helped ensure chemicals business OCI could not put its idled polysilicon lines in Gunsan back into use last year, as had been hoped, prompting another hefty assets impairment which weighed on the group even as it expects supply of the raw material to be kept tight by rising demand.
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.
The monocrystalline module provider added a new product to its Hi-MO 4 series. The new panel has a power output of 410/420 W and a conversion efficiency between 20.5% and 21.0%. The width of the module is standardized, while three different length options can be chosen to maximize capacity in a rooftop project.
Developers have already connected 3 MW of capacity in what is purportedly destined to be the world’s largest PV array on a coastal tidal flat. The project, which is particularly challenging due to tidal fluctuations, will feature PV components designed to cope with salt and water damage.
BYD more than doubled November vehicle sales but posted a drop in January-to-November business. Xinyi Glass is looking to grow its assets, while GCL-Poly is raising capital.
The Chinese giant, which had a $40 billion stock price yesterday, has announced it shipped 20 GW of solar panels by Monday.
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