Major polysilicon and merchant cell producer Tongwei Group is to invest in an additional 32GW of solar cell capacity through a RMB12 billion (US$1.9 billion) investment in partnership with the government of Meishan City, in Sichuan Province, China.
Major ‘Solar Module Super League’ (SMSL) member JinkoSolar has extended its supply chain cooperation with major polysilicon and merchant solar cell manufacturer Tongwei Group, with Tongwei gaining extra gigawatts of mono wafers from JinkoSolar.
China-based PV module manufacturer and PV project developer and operator, CECEP Solar Energy Co has started an initial phase of construction of an advanced solar cell facility as part of a new strategy to enter and become a major merchant cell producer with a total capacity of 50GW.
Major polysilicon and merchant solar cell producer Tongwei has resumed production at its 20,000MT polysilicon plant in Leshan City, Sichuan province after damage, due to severe flooding in the region forced the plant to close in mid-August, contributing to a spike in polysilicon prices at the time.
Major polysilicon and merchant cell producer, Tongwei has secured a monocrystalline wafer supply deal from LONGi Green Energy (LONGi Group) that increases its wafer needs by 1 billion wafers to 2.6 billion as the cell producer plans to have more than 40GW of solar cell capacity in 2021.
Preliminary data compiled by PV Tech highlights an unprecedented level of solar industry capacity expansion plans having been announced in just the first quarter of 2020, easily surpassing any total annual plans in the history of the industry.
Major polysilicon and merchant solar cell producer, Tongwei Group is adding 40,000MT of high-purity polysilicon at a cost of around RMB 4 billion (US$563 million), which is to result in its total polysilicon capacity reaching 155,000MT in 2021.
Major Korean polysilicon producer is to close two solar grade polysilicon plants in Korea as production costs are almost double the current record low ASPs.
Major polysilicon and merchant solar cell manufacturer, Tongwei Group and subsidiary Tongwei Solar are to significantly increase high-purity polysilicon production and high-efficiency solar cell production over the next five years.
This article continues our series of features introducing new methodology that allows leading PV module producers to be categorised, ranked and short-listed by manufacturing and financial strength metrics; ultimately providing an investor-risk (or bankability) profile of PV module suppliers for non-residential end-market selection.
