Aiming to make its local solar manufacturers competitive on the global stage, the Indian government has proposed direct financial support of INR110 billion (US$1.7 billion) and a 12GW allocation of public sector tenders mandated to include locally sourced PV equipment.
An investigation by China’s Ministry of Commerce of the People's Republic of China (MOFCOM) on polysilicon dumping by South Korean producers has resulted in only small tariff increases for the largest importers.
Major Korean-based polysilicon producer OCI Chemical is expanding its production of high-purity polysilicon to meet greater demand for P-type monocrystalline wafers used with PERC (Passivated Emitter Rear Cell) technology.
China-based integrated and merchant PV manufacturer Tongwei Group is starting capacity expansion plans at its subsidiary Tongwei Solar (Hefei) Co at two locations in China at a cost of US$1.8 billion over the next three to five years.
China-based polysilicon producer Daqo New Energy is to increase its capacity at its Xinjiang plant by 7,000MT, which is intended to serve the high-purity needs of monocrystalline solar wafers and the expanding semiconductor sector.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings reported lower revenue and profits than expected in the first half of 2017, primarily due to wafer price erosion, only partially offset by higher wafer production volumes and stable polysilicon prices.
As PV Tech recently reported, significantly higher than expected solar PV installations in China is driving global installation forecasts to be revised upwards.
China-based integrated monocrystalline PV manufacturer Solargiga Energy Holdings' sales have rebounded in the first half of 2017, fuelled by demand in China for high-efficiency wafers including N-type wafers for ‘Top Runner’ PV power plant projects.
UK-headquartered multicrystalline solar wafer producer PV Crystalox Solar continues to be impacted by global overcapacity in the wafering sector as first half 2017 financial results reflect.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has secured a US$200 million loan facility from an unspecified number and unidentified banks based in Hong Kong.
