L R AS Published on Saturday 10 December 2022 - n° 428 - Categories:silicon mono/multi
New PV production plant
Shuangliang Eco-Energy plans to establish a new subsidiary to build a monosilicon ingot project with an annual capacity of
50 GW power plant to be located in Inner Mongolia. Construction of the facility is expected to take two years and require an investment of RMB 10.5 billion (US$1.5 billion).
Citic Securities' statistics on China's 15 largest wafer companies show that wafer production capacity is expected to increase by 226 GW this year to a total of 559 GW (Note: the date of this capacity is not specified). ACIP forecasts that global newly installed solar capacity will be around 230 GW this year, with a corresponding demand for wafers of 276 GW.
With the acceleration of new capacity coming on stream, the price of wafers is expected to gradually decline.
https://www.pv-tech.org/shuangliang-eco-energy-plans-50gw-ingot-pulling-project/
PV Tech of 6 December 2022
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Between the fall in the price of silicon and the fall in the price of wafers due to excessive investment in the face of the demand that has begun, the overall price of the sector will fall.
Above all, this raises the question of the Indian and American reaction: until now, China has supplied most of the world's panels (90%). What will happen when capacities are also increased in the United States and India?
