China’s polysilicon price finally stabilised this week, according to the Silicon Industry Branch of the China Nonferrous Metals Industry Association, following several long-term contracts being signed, helping to reduce market volatility in the short-term.
Chinese energy firm TBEA is planning to invest RMB 6 billion (US$938 million) to set up a silicon production facility with an annual output of 400,000MT in China’s Inner Mongolia region.
Polysilicon manufacturer Xinte Energy has raised RMB2.3 billion (US$355.9 million) from its owner TBEA in order to fund its target polysilicon capacity of 100,000 metric tonnes (MT)
Chinese EPC TBEA New Energy has debuted a new flexible mounting structure designed for use in rugged terrains at a 300MW project on a former open-pit coal mine in China.
LONGi is to provide 360MW of solar modules for use at supplier TBEA’s production base in a deal that will also see the first deployment of the module manufacturer’s Hi-MO 5 product.
The ease of due diligence on inverters and increased technical awareness among the investor community has helped ease bankability issues surrounding Chinese inverters in recent years.