L R AS Published on Sunday 25 September 2022 - n° 417 - Categories:the manufacturers, China
Chinese manufacturers in brief: capacity increase at Tongwei, Eging PV, Jolywood, losses at GCL New Energy, Shunfeng
Chinese manufacturers in brief: capacity increase at Tongwei, Eging PV, Jolywood, losses at GCL New Energy, Shunfeng
Tongwei wants to build a 25 GW solar cell factory. In June 2022, the company had a production capacity of
Tongwei has a silicon capacity of over 230,000 tonnes and an annual solar cell production capacity of 54 GW. Tongwei plans to reach a capacity of 800,000 tons of silicon (three times more) by the end of 2024 and a capacity of 102 GW of solar cells by the end of 2023 (four times more).
Eging PV will build a 10 GW TOPCon panel factory in Anhui province, China.
Jolywood has completed the construction of the first phase of its TOPCon solar cell plant in Shanxi. Upon completion, the facility will have a capacity of 8 GW. Currently, it has a total capacity of 4 GW for TOPCon cells and 3.5 GW for PV panels.
GCL New Energy made a loss in thefirst half of the year of RMB 514 million on revenue of RMB 558 million. This was due to a foreign exchange loss of RMB144 million and a drop in electricity sales (Editor's note: as well as poor management)
Shunfeng will only sell three solar plants for RMB 221 million. The other four plants were rejected by the buyer
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Trina Solar has agreed to buy 70,000 MT of silicon from China South Glass Group (SGG) from 2023 to 2026.
A consortium formed by Golden Solar (Hong Kong) Solar Material Company Limited, Giastar Group and New Hosun Group has submitted a project to build a 10 GW heterojunction solar panel (HTJ) factory in Sichuan province.
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Editor's note: Chinese manufacturers are preparing for a huge expansion in photovoltaic demand. Any manufacturer who does not participate in this volume race will soon be marginalised. Yet many new entrants want to participate in this expansion by seizing the opportunity of a change in technology to enter this expansion cycle.
