Jinko Energy and JA Solar Technology are both intending to buy a share in the Xinte Energy business, which plans to build a 100,000-ton-annual-capacity polysilicon fab in two years. The Chinese manufacturers will each pay RMB315 million (US$48.8 million) for a 9% share in TBEA-owned poly maker Xinte Energy’s Inner Mongolia Xinte business.
Read More
Daqo New Energy and JA Solar have signed a long-term supply deal for high-purity polysilicon. The announcement is in line with the trend of manufacturers looking to lock in polysilicon supply. Under the deal, Daqo will supply JA Solar with around 78,200 MT of high-purity mono-grade polysilicon between July 2021 and December 2025. Actual volumes and prices will be negotiated every month based on market factors, with JA making an advance payment to Daqo.
Read More
Trina Solar has announced that it has set up Trina Storage, a unit specializing in storage and smart energy solutions. The unit is designed to and develop innovative solutions for various areas of application, including residential batteries, grid services, large-scale storage, and microgrids. Further, the company also looks to provide flexible and scalable solutions that meet the requirements in terms of cost, quality, security, and efficiency, and meet specific customer needs.
Read More
inkoSolar has announced that it intends to sign a strategic cooperation agreement with Tongwei to jointly invest in a high-purity crystalline silicon project with an annual capacity of 45,000 metric tons and a silicon wafer project with an annual production capacity of 15GW. The company also announced that the deal will develop a more extensive industrial chain cooperation.As per the agreement, JinkoSolar will own a 35 per cent equity stake in the 45,000 tons high-purity crystalline silicon project. Tongwei will hold a 30 per equity stake in the 15 GW silicon wafer project.
Read More
China will remain a dominant player in global solar equipment supply chains, due to its large economies of scale and improving product quality and efficiency. While the Covid-19 pandemic will drive some diversification of supply chains or increased localisation, Chinese solar manufacturers have also expanded their geographic production bases outside of China, which will reduce their risk exposure to political or economic disputes.
Read More