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<title>Polysilicon Archives • The Electricity Hub</title>
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<link>https://theelectricityhub.com/tag/polysilicon/</link>
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<title>Polysilicon Archives • The Electricity Hub</title>
<link>https://theelectricityhub.com/tag/polysilicon/</link>
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<item>
<title>JinkoSolar Signs Polysilicon Supply Agreement with Wacker</title>
<link>https://theelectricityhub.com/jinkosolar-signs-polysilicon-supply-agreement-with-wacker/</link>
<comments>https://theelectricityhub.com/jinkosolar-signs-polysilicon-supply-agreement-with-wacker/#respond</comments>
<dc:creator><![CDATA[]]></dc:creator>
<pubDate>Thu, 19 Aug 2021 09:05:33 +0000</pubDate>
<category><![CDATA[News]]></category>
<category><![CDATA[Renewable Energy]]></category>
<category><![CDATA[JinkoSolar]]></category>
<category><![CDATA[Polysilicon]]></category>
<category><![CDATA[Solar]]></category>
<category><![CDATA[Wacker]]></category>
<guid isPermaLink="false">https://theelectricityhub.com/?p=62138</guid>
<description><![CDATA[<p>JinkoSolar and Wacker reach deal for polysilicon supply. Wacker will supply over 75,000 tonnes of polysilicon over five years. Chinese solar module manufacturer JinkoSolar has reached a deal with Munich-based… </p>
<p>The post <a href="https://theelectricityhub.com/jinkosolar-signs-polysilicon-supply-agreement-with-wacker/">JinkoSolar Signs Polysilicon Supply Agreement with Wacker</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
]]></description>
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<ul>
<li><span data-preserver-spaces="true">JinkoSolar and Wacker reach deal for polysilicon supply.</span></li>
<li><span data-preserver-spaces="true">Wacker will supply over 75,000 tonnes of polysilicon over five years. </span></li>
</ul>
<p><span data-preserver-spaces="true">Chinese solar module manufacturer JinkoSolar has reached a deal with Munich-based chemical company Wacker Chemie to procure over 70,000 tonnes of polysilicon. The long-term polysilicon supply agreement will see Wacker supply JinkoSolar with polysilicon from September 2021 to December 2026 from its production facilities in Germany and the US. The purchase will be priced at the market costs of polysilicon. </span></p>
<p><span data-preserver-spaces="true">Kangping Chen, CEO of JinkoSolar stated: “by locking in over 70,000 tons of polysilicon from Wacker, we will ensure the reliability of the manufacturing of our products from a high-quality raw material source, as well as the stable supply of our high-efficiency products to our global clients.”</span></p>
<p>The post <a href="https://theelectricityhub.com/jinkosolar-signs-polysilicon-supply-agreement-with-wacker/">JinkoSolar Signs Polysilicon Supply Agreement with Wacker</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<title>Tongwei Raises the Prices of its Solar Cells</title>
<link>https://theelectricityhub.com/tongwei-raises-the-prices-of-its-solar-cells/</link>
<comments>https://theelectricityhub.com/tongwei-raises-the-prices-of-its-solar-cells/#respond</comments>
<dc:creator><![CDATA[]]></dc:creator>
<pubDate>Fri, 13 Aug 2021 12:27:33 +0000</pubDate>
<category><![CDATA[News]]></category>
<category><![CDATA[Renewable Energy]]></category>
<category><![CDATA[Polysilicon]]></category>
<category><![CDATA[Solar Cell]]></category>
<category><![CDATA[Tongwei]]></category>
<guid isPermaLink="false">https://theelectricityhub.com/?p=61839</guid>
<description><![CDATA[<p>Solar cell prices were raised by 2.9% on average for different wafer sizes. Polysilicon supplier and solar module producer Tongwei has announced new solar cell prices for August. The company… </p>
<p>The post <a href="https://theelectricityhub.com/tongwei-raises-the-prices-of-its-solar-cells/">Tongwei Raises the Prices of its Solar Cells</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
]]></description>
<content:encoded><![CDATA[<ul>
<li>Solar cell prices were raised by 2.9% on average for different wafer sizes.</li>
</ul>
<p>Polysilicon supplier and solar module producer Tongwei has announced new solar cell prices for August. The company has raised the prices of its monocrystalline PV solar modules. Tongwei’s Passivated Emitter and Rear Contact (PERC) 158.75 mm cell is now priced at CNY1.12 (US$0.17) per W, an increase of 3.7 per cent while its PERC 166 mm cells will be sold at CNY1.03 (US$0.16) per W, with an increase of 3 per cent. The company also raised the price of its PERC 210 mm cells by 2 per cent to CNY1.02 per W.</p>
<p>However, the price of polycrystalline cells remained the same at CNY 0.73 per W.</p>
<p>The post <a href="https://theelectricityhub.com/tongwei-raises-the-prices-of-its-solar-cells/">Tongwei Raises the Prices of its Solar Cells</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<title>Trina Solar to Issue $809m Bond to Increase manufacturing Capacity</title>
<link>https://theelectricityhub.com/trina-solar-to-issue-809m-bond-to-increase-manufacturing-capacity/</link>
<comments>https://theelectricityhub.com/trina-solar-to-issue-809m-bond-to-increase-manufacturing-capacity/#respond</comments>
<dc:creator><![CDATA[]]></dc:creator>
<pubDate>Wed, 11 Aug 2021 16:06:51 +0000</pubDate>
<category><![CDATA[News]]></category>
<category><![CDATA[Renewable Energy]]></category>
<category><![CDATA[China]]></category>
<category><![CDATA[Polysilicon]]></category>
<category><![CDATA[Trina Solar]]></category>
<guid isPermaLink="false">https://theelectricityhub.com/?p=61713</guid>
<description><![CDATA[<p>Trina Solar to issue an $809m bond. The funds raised will finance new production capacity in China. The price of polysilicon has increased after a five-week decline Solar module manufacturer Trina… </p>
<p>The post <a href="https://theelectricityhub.com/trina-solar-to-issue-809m-bond-to-increase-manufacturing-capacity/">Trina Solar to Issue $809m Bond to Increase manufacturing Capacity</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
]]></description>
<content:encoded><![CDATA[<ul>
<li>Trina Solar to issue an $809m bond.</li>
<li>The funds raised will finance new production capacity in China.</li>
<li>The price of polysilicon has increased after a five-week decline</li>
</ul>
<p>Solar module manufacturer Trina Solar plans to issue convertible bonds of up to RMB5.25 billion ($809.8 million). The company intends to use the proceeds from the bond to expand its solar PV cell and module production capacity. The funds will finance a new 16GW PV cell factory in Yancheng city, two solar cell factories with a combined capacity of 18GW in Suqian city, and a 10GW PV panel manufacturing facility in Yancheng.</p>
<p>These moves are coming as the latest reports from China indicates that polysilicon and wafer prices appear to be rising. China Nonferrous Metals Association (CNMA) and wafer producer Zhonghuan Semiconductor released data that showed an upward trend in polysilicon prices after five previous weeks of continuous decline. The CNMA data shows that polysilicon is currently sold at CNY 205 (US$31.6) per kg. a 0.54 per cent increase compared to last week.</p>
<p>The post <a href="https://theelectricityhub.com/trina-solar-to-issue-809m-bond-to-increase-manufacturing-capacity/">Trina Solar to Issue $809m Bond to Increase manufacturing Capacity</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<title>Solar Panel Prices Unlikely to Come Down Till Q2 2022</title>
<link>https://theelectricityhub.com/solar-panel-prices-unlikely-to-come-down-till-q2-2022/</link>
<comments>https://theelectricityhub.com/solar-panel-prices-unlikely-to-come-down-till-q2-2022/#respond</comments>
<dc:creator><![CDATA[]]></dc:creator>
<pubDate>Fri, 09 Jul 2021 08:34:10 +0000</pubDate>
<category><![CDATA[News]]></category>
<category><![CDATA[Renewable Energy]]></category>
<category><![CDATA[China]]></category>
<category><![CDATA[Polysilicon]]></category>
<category><![CDATA[Solar Panel]]></category>
<guid isPermaLink="false">https://theelectricityhub.com/?p=60121</guid>
<description><![CDATA[<p>Stakeholders estimate that solar panel costs will remain high till next year. Prices have risen due to the costs of input materials for solar components. Manufacturers do not expect costs… </p>
<p>The post <a href="https://theelectricityhub.com/solar-panel-prices-unlikely-to-come-down-till-q2-2022/">Solar Panel Prices Unlikely to Come Down Till Q2 2022</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
]]></description>
<content:encoded><![CDATA[<div id="news_hd_84256123" class=" clearfix ">
<div class="post-body">
<div class="post-wrapper post-header">
<section>
<header class="page_hdr">
<ul>
<li>Stakeholders estimate that solar panel costs will remain high till next year.</li>
<li>Prices have risen due to the costs of input materials for solar components.</li>
<li>Manufacturers do not expect costs to fall until Q2 next year.</li>
</ul>
<p>Manufacturers believe that the price of solar panels, which have been rising since last year, will likely continue to climb until next year due to the high input, freight costs and supply chain issues in China. In addition, the price of polysilicon (the main raw material used to make solar panels) has increased by 343 per cent since 2020 and 148 per cent since January. As a result, solar module prices have risen by as much as 35 per cent since last year, constraining the development of several solar projects across teh globe.</p>
<p>Another factor contributing to the increase in price has been the surge in the price of other materials used to make solar components. Copper, silver and aluminium prices which account for 5-10 per cent of the overall cost for solar projects, have also risen. The price of solar glass has also risen by about 130 per cent since last year.</p>
<p>Industry stakeholders believe that bringing down the prices would require the expansion of manufacturing capacity in China. This, however, will not happen till late 2022. Manufacturers estimate that there will be a decline in polysilicon prices around Q2 2022 following the completion of capacity expansion projects.</p>
</header>
</section>
</div>
</div>
</div>
<p>The post <a href="https://theelectricityhub.com/solar-panel-prices-unlikely-to-come-down-till-q2-2022/">Solar Panel Prices Unlikely to Come Down Till Q2 2022</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<title>Tongwei Set to Construct Polysilicon Factory in China</title>
<link>https://theelectricityhub.com/tongwei-set-to-construct-polysilicon-factory-in-china/</link>
<comments>https://theelectricityhub.com/tongwei-set-to-construct-polysilicon-factory-in-china/#respond</comments>
<dc:creator><![CDATA[]]></dc:creator>
<pubDate>Mon, 05 Jul 2021 08:50:03 +0000</pubDate>
<category><![CDATA[News]]></category>
<category><![CDATA[Renewable Energy]]></category>
<category><![CDATA[China]]></category>
<category><![CDATA[Polysilicon]]></category>
<category><![CDATA[Solar Module]]></category>
<category><![CDATA[Tongwei]]></category>
<guid isPermaLink="false">https://theelectricityhub.com/?p=59745</guid>
<description><![CDATA[<p>  Tongwei plans to build a polysilicon manufacturing plant in Leshan City in China. the facility will have a production capacity of 200,000 MT The recent rise in the price… </p>
<p>The post <a href="https://theelectricityhub.com/tongwei-set-to-construct-polysilicon-factory-in-china/">Tongwei Set to Construct Polysilicon Factory in China</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
]]></description>
<content:encoded><![CDATA[<p> </p>
<audio class="wp-audio-shortcode" id="audio-59745-2" preload="none" style="width: 100%;" controls="controls"><source type="audio/mpeg" src="https://theelectricityhub.com/wp-content/uploads/2021/07/Tongwei.m4a?_=2" /><a href="https://theelectricityhub.com/wp-content/uploads/2021/07/Tongwei.m4a">https://theelectricityhub.com/wp-content/uploads/2021/07/Tongwei.m4a</a></audio>
<ul>
<li>Tongwei plans to build a polysilicon manufacturing plant in Leshan City in China.</li>
<li>the facility will have a production capacity of 200,000 MT</li>
<li>The recent rise in the price of polysilicon has led to an increase in the price of solar modules.</li>
</ul>
<p>Polysilicon supplier and solar cell maker <a tabindex="0" href="https://www.pv-magazine.com/2021/06/01/chinese-pv-industry-brief-another-massive-polysilicon-order-tongwei-starts-operations-at-30-gw-cell-factory/" target="_blank" rel="noopener">Tongwei</a> has announced that it has signed an agreement with the Leshan City and the Wuhua district governments to develop a new polysilicon manufacturing facility. According to Tongwei, the factory will have a capacity of 200,000 metric tons (MT) and will require a total investment of RMB 14 billion($2.1 billion).</p>
<p>The company has stated that the facility’s construction will take place in two phases of 100,000 MT. The first phase is expected to be completed and commissioned by the end of 2022. Tongwei currently has a total polysilicon production capacity of 80,000 MT and 150,000 MT under construction.</p>
<p>With the new factor, the company plans to have a total polysilicon production capacity of 330,000 MT by 2022, which will rise to 430,000 with the completion of phase II of the Leshan City project.</p>
<p><a href="https://theelectricityhub.com/solar-prices-increase-after-a-decade-long-fall/">Companies are looking to increase polysilicon production capacity, which hasn’t kept up with the growing demand for solar modules. In addition, the recent rise in the price of polysilicon has seen solar module prices rising for the first time in over a decade</a>.</p>
<p> </p>
<p>The post <a href="https://theelectricityhub.com/tongwei-set-to-construct-polysilicon-factory-in-china/">Tongwei Set to Construct Polysilicon Factory in China</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<title>China to Retaliate if US Bans Solar Imports from Xinjiang</title>
<link>https://theelectricityhub.com/china-to-retaliate-if-us-bans-solar-imports-from-xinjiang/</link>
<comments>https://theelectricityhub.com/china-to-retaliate-if-us-bans-solar-imports-from-xinjiang/#respond</comments>
<dc:creator><![CDATA[]]></dc:creator>
<pubDate>Wed, 30 Jun 2021 10:52:23 +0000</pubDate>
<category><![CDATA[News]]></category>
<category><![CDATA[Renewable Energy]]></category>
<category><![CDATA[China]]></category>
<category><![CDATA[Polysilicon]]></category>
<category><![CDATA[Solar]]></category>
<category><![CDATA[Uyghur]]></category>
<category><![CDATA[Xinjiang]]></category>
<guid isPermaLink="false">https://theelectricityhub.com/?p=59469</guid>
<description><![CDATA[<p>China says it would retaliate if the US ban solar imports from Xinjing. Xinjiang produces about 45 per cent of the world’s supply of polysilicon. China has said that it… </p>
<p>The post <a href="https://theelectricityhub.com/china-to-retaliate-if-us-bans-solar-imports-from-xinjiang/">China to Retaliate if US Bans Solar Imports from Xinjiang</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
]]></description>
<content:encoded><![CDATA[<ul>
<li><audio class="wp-audio-shortcode" id="audio-59469-3" preload="none" style="width: 100%;" controls="controls"><source type="audio/mpeg" src="https://theelectricityhub.com/wp-content/uploads/2021/06/China.m4a?_=3" /><a href="https://theelectricityhub.com/wp-content/uploads/2021/06/China.m4a">https://theelectricityhub.com/wp-content/uploads/2021/06/China.m4a</a></audio>
<p>China says it would retaliate if the US ban solar imports from Xinjing.</li>
<li>Xinjiang produces about 45 per cent of the world’s supply of polysilicon.</li>
</ul>
<p>China has said that it will retaliate if the United States bans the importation of solar components from Xinjiang. Recent reports have stated that the U.S. government has resolved to ban the importation of solar components from the region. They allege that the Chinese government has carried out human rights violations against the minority Uyghurs population.</p>
<p>The Chinese foreign ministry spokesperson Zhao Lijian stated that China would monitor US actions and take necessary measures to protect its interests. Lijian called on the US to respect facts and not pressure Chinese companies based on false information.</p>
<p>Human rights groups have called for a ban on solar panel components exports from Xinjiang as they say that production depends on forced labour from Uyghurs Muslims. Xinjiang produces about 45 per cent of the world’s supply of polysilicon, a key component in the production of solar panels.</p>
<p>The post <a href="https://theelectricityhub.com/china-to-retaliate-if-us-bans-solar-imports-from-xinjiang/">China to Retaliate if US Bans Solar Imports from Xinjiang</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<title>Jinko and JA Solar to Acquire 9% Stake Each in Polysilicon Facility</title>
<link>https://theelectricityhub.com/jinko-and-ja-solar-to-acquire-9-stake-each-in-polysilicon-facility/</link>
<comments>https://theelectricityhub.com/jinko-and-ja-solar-to-acquire-9-stake-each-in-polysilicon-facility/#respond</comments>
<dc:creator><![CDATA[]]></dc:creator>
<pubDate>Tue, 22 Jun 2021 11:45:13 +0000</pubDate>
<category><![CDATA[News]]></category>
<category><![CDATA[Renewable Energy]]></category>
<category><![CDATA[China]]></category>
<category><![CDATA[JA Solar]]></category>
<category><![CDATA[Jinko Energy]]></category>
<category><![CDATA[Polysilicon]]></category>
<guid isPermaLink="false">https://theelectricityhub.com/?p=59057</guid>
<description><![CDATA[<p>Jinko Energy and JA Solar plan to invest in polysilicon manufacturer Xnite. The deal will see them each get priority poly supply from the manufacturing facility. Both companies will each… </p>
<p>The post <a href="https://theelectricityhub.com/jinko-and-ja-solar-to-acquire-9-stake-each-in-polysilicon-facility/">Jinko and JA Solar to Acquire 9% Stake Each in Polysilicon Facility</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
]]></description>
<content:encoded><![CDATA[<ul>
<li class="entry-title"><span style="font-size: 18px; font-weight: 400;">Jinko Energy and JA Solar plan to invest in polysilicon manufacturer Xnite. </span></li>
<li>The deal will see them each get priority poly supply from the manufacturing facility.</li>
<li>Both companies will each acquire a 9% stake in the inner Mongolia facility.</li>
</ul>
<div class="entry-byline"></div>
<div class="entry-content">
<p>Solar module manufacturers Jinko Energy and <a tabindex="0" href="https://www.pv-magazine.com/2021/03/29/ja-solar-unveils-415-w-solar-module-with-21-3-efficiency/" target="_blank" rel="noopener">JA Solar</a> Technology plan to acquire a stake in Xinte Energy’s polysilicon manufacturing unit. The unit intends to construct a 100,000 ton per year capacity polysilicon factory within the next two years.</p>
<p>Jinko and JA will each acquire a 9 per cent stake for RMB315 million (US$48.8 million) in the <a tabindex="0" href="https://www.pv-magazine.com/2020/12/15/chinese-pv-industry-brief-6-gw-wind-solar-storage-project-in-inner-mongolia-and-a-5-gw-cell-factory-in-fujian/" target="_blank" rel="noopener">Inner Mongolia</a> unit of Xinte Energy. In addition, Xnite will inject RMB2.81 billion (US$435 million), potentially raising the subsidiary’s registered capital from RMB60 million (US$9.29 million) to RMB3.5 billion (US$542 million) consequent to approval from Xinte Energy’s shareholders.</p>
<p>In exchange for the investment, the facility will “prioritize polysilicon supply to the investors.” A polysilicon supply deal is set to be drawn up by July 18.</p>
<div id="mid-article-bibblio" class="pv-bibblio-events" data-action="Internal" data-title="Popular content" data-catalogue="Articles" data-location="Mid Single Article"></div>
<p>Under the deal, Jinko and JA Solar can demand that Xinte repurchase their 9 per cent stakes if the manufacturing plant produces below 50,000 tons of polysilicon per year in successive years. Xnite is set to publish the details of the shareholders’ vote on the proposed deal by August 6.</p>
</div>
<p>The post <a href="https://theelectricityhub.com/jinko-and-ja-solar-to-acquire-9-stake-each-in-polysilicon-facility/">Jinko and JA Solar to Acquire 9% Stake Each in Polysilicon Facility</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<title>Solar Prices Increase after Decade-Long Fall</title>
<link>https://theelectricityhub.com/solar-prices-increase-after-a-decade-long-fall/</link>
<comments>https://theelectricityhub.com/solar-prices-increase-after-a-decade-long-fall/#respond</comments>
<dc:creator><![CDATA[]]></dc:creator>
<pubDate>Mon, 24 May 2021 08:57:08 +0000</pubDate>
<category><![CDATA[News]]></category>
<category><![CDATA[Renewable Energy]]></category>
<category><![CDATA[Polysilicon]]></category>
<category><![CDATA[Solar]]></category>
<category><![CDATA[Solar Module]]></category>
<category><![CDATA[Solar Panel]]></category>
<guid isPermaLink="false">https://theelectricityhub.com/?p=56989</guid>
<description><![CDATA[<p>Solar Module prices have risen by about 18 per cent since January. Rising polysilicon costs fuel the increase. The increase could delay projects and increase prices for new solar orders… </p>
<p>The post <a href="https://theelectricityhub.com/solar-prices-increase-after-a-decade-long-fall/">Solar Prices Increase after Decade-Long Fall</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<p>Solar Module prices have risen by about 18 per cent since January.</li>
<li>Rising polysilicon costs fuel the increase.</li>
<li>The increase could delay projects and increase prices for new solar orders across the globe.</li>
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<p>Last year, Solar energy was declared as the cheapest power source in the world. This was made possible due to the declining costs of solar panels over the past decade. However, this trend is experiencing a reversal. The prices of solar modules have increased by about 18 per cent since January. This increase may delay projects development and slow down solar uptake, coming as a setback when governments and investors are increasingly looking to clean energy to speed up economic recovery following the Covid-19 pandemic.</p>
<p><em><strong>Read also: </strong></em><a class="LinkSuggestion__Link-sc-1gewdgc-4 evyocv" href="https://theelectricityhub.com/do-renewables-spell-the-end-to-the-use-of-fossil-fuels-in-the-near-future/" target="_blank" rel="noopener"><em><strong>Do Renewables Spell the End to the Use of Fossil Fuels in the Near Future</strong></em></a></p>
<p>A major factor for this increase has been the rapid rise in the cost of essential raw materials, notably polysilicon. Polysilicon is a refined form of silicon, an abundant material commonly found in beach sand. As the demand for solar modules has increased considerably, polysilicon producers have not been able to keep up, leading to a shortage and an increase in its price. According to data from PV Insights, the price of polysilicon have reached $25.88 per kilogram, a 318 per cent increase from $6.19 less than a year ago. The rise in the cost of other metals used in solar components manufacturing is also influencing the rise in solar energy costs.</p>
<p>This increase could affect projects across the globe. In India, about 10GW of projects may be impacted. Projects yet to have signed PPAs may get delayed or see an increase in the tariff proposed. Many stakeholders, however, believe that this is a short-term setback and believe that project development and orders will only see a small delay.</p>
<p>These shortages, however, have incentivised the addition of increased polysilicon manufacturing capacity. <a href="https://www.bloomberg.com/news/articles/2021-02-09/china-solar-supplier-plans-huge-plant-to-meet-soaring-demand">Xinte Energy Co recently announced the construction of the World largest Polysilicon manufacturing factory in inner Mongolia. </a></p>
<p>The post <a href="https://theelectricityhub.com/solar-prices-increase-after-a-decade-long-fall/">Solar Prices Increase after Decade-Long Fall</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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