TrendForce Expects Up To 40 GW Solar Demand In US In 2023
High Labor & Energy Costs To Prevent Locally Produced Modules Become Cost Competitive In US, Says TrendForce, Hence Import Ban On Xinjiang Needs Attention
The US is not likely to become a cost competitive producer of solar modules anytime soon as it faces relatively high labor and energy costs, says TrendForce that sees the country continuing to rely on foreign imports in the future even as a 2-year an.
China PV News Snippets
Flat Glass To Raise RMB 6 Billion & More From Mubang, Gaojing, Xinjiang, MedicalSystem
Flat Glass to raise RMB 6 billion to expand PV glass production capacity; Mubang Hi-Tech strikes TOPCon project deal; Gaojing partners with Yibin Govt; Xinjiang PV mounting systems production line kicks off; MedicalSystem partners with Anzhou Govt to build PV industrial park.
US Forced Labor Prevention Act
US House Of Representatives Nod For Sanctions On Xinjiang Products
The US House of Representatives have cleared the Uyghur Forced Labor Prevention Act in order to prevent goods manufactured or produced in China’s Xinjiang from entering the US unless determined otherwise by the Customs and Border Protection (CBP).
Daqo New Energy Expects To Raise RMB 6.45 Billion With IPO
Chinese Polysilicon Maker Daqo New Energy Expects To Raise RMB 6.45 Billion With Subsidiary’s IPO On Shanghai Stock Exchange’s STAR Market; Abu Dhabi Investment Authority Among Cornerstone Investors
Daqo New Energy of China has finally announced the share pricing of its principal operating subsidiary Xinjiang Daqo New Energy that it plans to list on Shanghai Stock Exchanges’ (SSE) Sci-Tech Innovation Board, also called STAR Market.
Tongwei Expanding Polysilicon Capacity With New Fab
Chinese Polysilicon Manufacturer Tongwei To Build 200,000 MT New Facility In Sichuan For RMB 14 Billion; Expects Healthy Financial Results For H1/2021 Thanks To High Demand & Tight Supply Situation
Growing demand for solar PV modules across the globe is prompting raw material manufacturers to plan production expansions to meet the demand.
US Government Ban On Xinjiang Produced Solar Products
Reuters: US Set To Blacklist Some Xinjiang Located Solar Manufacturers Citing Forced Labor Activities; Analysts Sense Trouble Brewing For US Solar Installations; China Says Will Take ‘All Necessary Measures’
A news report from Reuters cites 2 unidentified sources to claim that the US administration has ordered a ban on ‘imports of a key solar panel material’ from 5 Chinese companies producing it in Xinjiang, China.
China PV News Snippets: China Power, Xinjiang, Trina, SPIC
China Power To Build 1 GW Integrated Base In Shangsi; Xinjiang’s Cumulative Installed PV Capacity Exceeds 12 GW; Trina’s Vietnam Base Puts 210 Cells And Modules Into Production; Shangji & Xinjiang GCL Sign Polysilicon Purchase Order Of RMB 5.084 Bn; Jolywood & SPIC Partner For PV Generation Projects
China Power to build 1 GW integrated solar-wind-hydrogen facility in Shangsi: Shangsi County announced that China Resources Power will invest RMB 7.5 billion ($1.16 billion) to establish a 1 GW integrated base for wind and solar hydrogen storage in Shangsi County, Guangxi Province.
Daqo New Energy Pockets $256 Million Revenues In Q1/2021
Daqo New Energy Offers Upward Revision Of 2021 Annual Polysilicon Production Guidance; Starts Shipping N-Type Polysilicon To 4 Major Customers; Sees Tight Supply Lasting Till Mid-2022
Daqo New Energy said the 4% sequential increase in its polysilicon average total production cost in Q1/2021 was due to rise in the cost of silicon raw material and lower production volumes.
SEIA Releases Tool For Supply Chain Transparency
SEIA Launches Solar Supply Chain Traceability Protocol To Help Ensure Ethical Sourcing Of Solar Products By Equipment Manufacturers & US Importers
Amid reports of forced labor in the world’s polysilicon center in China’s Xinjiang province, the Solar Energy Industries Association (SEIA) has come out with what it terms as a new tool to increase supply chain transparency.
Solid Q4/2020 Reported By China’s Daqo New Energy
Daqo New Energy Posts Strong Q4/2020, Exiting 2020 With $129.2 Million Net Income; Guides For Up To 81,000 MT Production In 2021; Expects Tight Polysilicon Supply Scenario To Continue In 2021
Chinese solar grade polysilicon producer Daqo New Energy reported a strong Q4/2020 selling 23,186 MT polysilicon as guided, growing from 13,291 MT a year back, while its production volume grew as well to 21,008 MT compared to 16,204 MT in Q4/2019 (se.
Xinte Energy To Build 200,000 Tons Polysilicon Fab
Chinese Polysilicon Supplier Xinte Energy Enters Investment Framework Agreement With Baotou City In China To Build High-Purity Polysilicon Fab With 200,000 Annual Production Capacity
Polysilicon manufacturer Xinte Energy of China has revealed plans to build a high-purity polysilicon project with an annual production capacity of 200,000 tons, industrial silicon and supporting projects in China’s Baotou City.
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