Last week saw yet another price increase from some of the solar industry’s largest manufacturers, continuing a trend that has placed some of the sector’s largest providers under heightened margin pressure and PV project developers the world over under strain.
Zhonghuan Semiconductor (TZS) is to invest RMB2.06 billion (US$323 million) in a new 120,000MT-capacity polysilicon project and additional polysilicon R&D facilities in Inner Mongolia.
Solar wafer prices have experienced a slight increase in price since the middle of last week after an earthquake struck Qinghai earlier this month, disrupting production.
With reductions in wafer prices now sustained and further reductions expected, Carrie Xiao assesses the potential for cell and module prices to fall in tandem and speaks to manufacturers and developers in China.
Tianjin Zhonghuan Semiconductor (TZS) has more than doubled its revenue in the first half of the year as the wafer provider took advantage of what it described as a rapidly developing PV industry.
Solar wafer and cell manufacturers in China have hiked their prices once again this month after a jump in spot prices for polysilicon in the country, while earthquakes have also disrupted upstream production.
Maxeon Solar Technologies intends to raise up to US$143.75 million through a share issue to help finance planned capacity expansions and R&D, with long-time partner TZS committing to an investment.
