CHINA

China polysilicon prices rise for the eighth consecutive week

China Mono Grade, OPIS’ assessment for polysilicon in the country, extended gains for an eighth week, edging up 2.38% on-week to 75.50 CNY ($10.36)/kg. This market continues to contend with some short-term bullish factors. The increase in polysilicon production in August was still lower than expected, “mainly due to the shortage of electricity in summer,” …

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Prices of China’s PV upstream segments rise, module prices hold steady amid bearish sentiments

China Mono Grade, OPIS’ assessment for polysilicon price in the country, increased for a fifth week running, edging up 0.95% to CNY69.29 ($9.58)/kg. China’s polysilicon notches up toward the psychologically significant figure of CNY70/kg in a week that saw higher price quotes and lower-than-expected polysilicon output. The main reason for lower output is the expected …

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Chinese PV Industry Brief: JinkoSolar’s H1 panel shipments hit 30 GW

JinkoSolar has announced its financial outlook for the first half of 2023. The module maker said it expects a net profit of about CNY 3.66 billion ($509.6 million). It says it shipped more than 30 GW PV modules in the first half. It also signed more than 10 GW n-type of TOPCon supply contracts with unspecified …

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Chinese PV Industry Brief: January-June solar installations hit 78.42 GW

The NEA says China’s cumulative installed PV capacity reached 470 GW at the end of June. In the first six months of this year, the country added 78.42 GW of new PV systems, with 17.2 GW deployed in June alone. New solar power installations hit 20.37 GW in the first two months of 2023, followed by 13.29 …

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Chinese PV Industry Brief: CNMIA, Longi announce lower wafer prices

The Silicon Branch of China Nonferrous Metals Industry Association (CNMIA) has released average selling prices for wafers based on data coming from major suppliers such as Longi, TCL Zhonghuan, Shuangliang, and JinkoSolar among others. The association said n-type wafers are now priced at CNY2.84 ($0.39) per piece, down 5.65% compared to a week earlier. Furthermore, manufacturers are now offering p-type M10 wafers …

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Chinese PV Industry Brief: January-April module exports reached 69.8 GW

The China Photovoltaic Industry Association (CPIA) has announced that PV product exports from China – including silicon wafers, cells, and modules – generated $19.35 billion in turnover from January to April 2023, marking an 18.9% year-on-year increase. Silicon wafer exports rose by 61.3% year on year to 16.9 GW, cell exports increased by 84.8% year on year …

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Chinese PV Industry Brief: Jinko to build 56 GW vertically integrated PV factory

JinkoSolar has announced a $7.87 billion plan to build a 56 GW PV factory in Shanxi province. The project will include monocrystalline rods, silicon wafers, solar cells, and PV module capacities. The factory will be completed in four phases over two years, with the first two phases set to start operations in 2024. JinkoSolar aims to …

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Sunways unveils hybrid inverters for rooftop applications

Sunways has developed new three-phase hybrid inverters for commercial and industrial (C&I) rooftop PV projects. The China-based inverter manufacturer is showcasing the new line at Intersolar Europe this week in Munich, Germany. The STH 15-33 kW inverters have an oversizing ratio of 1.5 times and offer high compatibility with a wide range of components, according to …

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Chinese PV Industry Brief: Trina to build 25 GW ingot factory, Longi reduces wafer prices by 30%

PV module maker Trina Solar announced it has signed an agreement with an unspecified state-owned entity of Shifang City, Sichuan province, to build a 25 GW monocrystalline ingot factory in the area. The company should invest around CNY10.7 billion ($1.55 billion) in the project, with Trina holding an 81% stake in the manufacturing facility and the state-owned …

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