L R AS Published on Monday 18 October 2021 - n° 378 - Categories:China

In brief from China: Zhonghuan over 9 months, Tongwei and LONGi prices, silicon and wafers

In brief from China: Zhonghuan's 9-month figures, Tongwei and LONGi prices, silicon and wafers

Photovoltaic wafer producer Zhonghuan announces a turnover of

for the first three quarters of 2021 of RMB 28 billion to RMB 30 billion, with annual growth of 109% to 124%. Estimated net profit will be RMB2.7 billion to RMB2.8 billion, with annual growth of 219% to 231% (or a net margin of 9% to 10%). The company attributes this success to the commercialisation of its 210mm photovoltaic panels and technical improvements that have resulted in thinner wafers and therefore lower polysilicon costs.

https://www.pv-magazine.com/2021/10/15/chinese-pv-industry-brief-shuangliang-signs-billion-dollar-wafer-contract/

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Chinese President Xi Jinping has said that in order to achieve the country's goals of peak carbon by 2030 and carbon neutralisation by 2060, China will publish a series of implementation plans in succession.China will successively issue a series of implementation plans and support measures in key areas and industries and build a "1+n" policy system for carbon peaking and neutralisation.

The first phase of projects with a total installed capacity of about 100 GW will start soon.

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A subsidiary of Wuxi Shanghai will increase its annual production of 100,000 MT of granular silicon and 150,000 MT of nano-silicon. Granular silicon is the raw material for downstream ingots and wafers, while nano-silicon serves the upstream sector for the production of polysilicon and granular silicon.

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Tongwei to raise tariffs again on 8 October.

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LONGi increased its prices on 11 October: the price of M10 P-type wafers (182 mm/247 mm) is now set at RMB 6.87 per piece, an increase of 7.18% compared to the previous quotation. The price of P type M6 inserts (166 mm/223 mm) is now RMB 5.73 per piece, up 7.3% from the previous quotation, while the price of G1 type inserts (158.75 mm/223 mm) is now RMB 5.53 per piece, up 5.5% from the previous quotation.

https://www.pv-magazine.com/2021/10/12/china-pv-industry-brief-100-gw-of-solar-for-desert-areas-new-polysilicon-production/

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New PV wafer manufacturer Shuangliang Eco-Energy has signed a deal to sell 1.3 billion wafers to Jiangsu Runergy between January 2022 and December 2024 for an estimated US$1.3 billion

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