Zhonghuan increases the price of wafers, China Resource Power buys 5 GW of modules – pv magazine International
Zhonghuan Semiconductor raised wafer prices, China Resource Power got 5 GW of solar panels and GCL-Poly is preparing to change its name to GCL Technology Holdings. China’s Guangxi Zhuang region, meanwhile, has announced plans to deploy 16 GW of PV.
solar manufacturer Zhonghuan Semiconductor raised the prices of all its 170um thick solar wafers. The price of G1 (158.75mm/223mm) products is CNY5.74 ($0.90) per unit, up 2.5% from the previous price. The M10 (182mm) wafers are priced at CNY 6.79 each, which is 2.1% more than the previous price. The price of G12 (210mm) wafers is CNY 9.05, up 2.26%. For the larger size of 218mm, the price is CNY 9.77, which is 2.2% higher than before.
Power of Chinese resources, the energy unit of state-owned China Resource Group, has launched a tender for the purchase of 5.1 GW of solar modules. The company is looking for the panels across six different lots, with capacities of 600MW, 1,150MW, 1,250MW, 850MW, 1,100MW and 150MW. The call for tenders will be finalized on April 25. In February, CR Resource Power completed a similar tender for the acquisition of 3GW.
The provincial office of the National Development and Reform Commission (NDRC) of China Guangxi Zhuang Autonomous Region on Friday announced a plan to roll out 16.65 GW of solar capacity. Most investors are state-owned energy giants. China Energy Engineering Corp. (CEEC) got the largest share with 3.74 GW, followed by CHN Energy with 2.5 GW, State Power Investment Corp. with 2.4 GW and China Datang with 1.15 GW.
Pandemic restrictions have ensured that the solar developer Smarter Energy was unable to release its 2021 figures by Thursday’s deadline, so it released unaudited annual figures showing revenue dropping from HKD 450 million ($57.4 million) in 2020 to HKD 204 million Last year. The annual loss to shareholders also fell from HKD 772 million to HKD 352 million. Trading in the company’s shares has been suspended since April 1, 2021, and CSmarter has been in liquidation since December. Last year, the company made provisions for payments of 325 million yuan in seven court cases, in addition to the $4.52 million and HKD 5.51 million that prompted the lawsuit. liquidation.
Clean Energy Developer Beijing Energy International raised 1.2 billion yuan on Wednesday by selling and leasing solar and wind power sites and photovoltaic project inverters to public companies ABC Financial and Citic Financial Leasing. With 10 and 12 year terms applicable, the developer will eventually repay the leasing entities for a total of CNY 1.51 billion.
polysilicon producer GCL-Poly will now be known as GCL Technology Holdings Ltd., following shareholder approval of the rebrand.
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