Severe floods in southeastern China have forced the closure of a polysilicon facility owned by Tongwei, dealing yet another blow to the solar industry’s supply chain.
The announcement from Tongwei on 10 August disclosing new cell price rises was a surprise for the whole PV industry. Compared to its previous quote on 24 July, the price of poly cells rose by another 6 USD cents/W, with a further increase of 8 cents/W for 156.75mm, 158.75mm and 166mm mono cells.
Indian solar developers have been more aggressive than their international counterparts in solar tenders and their risk pricing appears to have been inadequate, according to a new report from consultancy firm Bridge to India.
