- LONGi and Huaneng Sichuan sign cooperation agreement to work together for photovoltaic and green hydrogen, and scientific and technological innovation
- Domestic silicon material price up 11% week-on-week
LONGi & Huaneng partner for PV & Green Hydrogen: Chinese vertically integrated solar PV company LONGi and Huaneng Sichuan have signed a cooperation agreement to work together for photovoltaic and green hydrogen, and scientific and technological innovation. Off late, Huaneng Sichuan has been laying out new energy and green hydrogen projects with clean energy as the core. Today, its clean energy resource reserve exceeds 10 million kilowatts. Meanwhile Longji had entered the hydrogen market early this year (see China’s LONGi Group Entering Hydrogen Market).
Silicon prices continue to rise sharply last week: Owing to sustained high downstream demand, some silicon companies in September had over-signed their orders for October. Meanwhile, most silicon enterprises chose to wait and watch as price trend and rate of interest increase was still unclear. All these factors contributed to a further increase in silicon prices, China Silicon Industry Branch posted on its website. Here is how the prices looked this week:
- Domestic monocrystalline quality silicon material price range increased to a range between 227,000-250,000 RMB/ton; the average transaction price was RMB 238,400/ton ($36,874/ton), a week-on-week increase of 10.94%