星期六, 九月 26, 2020
Home PV News Chinese PV Industry Brief: Tongwei halts polysilicon output due to flood threat

Chinese PV Industry Brief: Tongwei halts polysilicon output due to flood threat

A unit of the manufacturer has suspended poly production in Sichuan province because of flooding fears. The temporary factory shutdown will shave 25% off the group’s output capacity.

Source:PV magazine

Tongwei has stopped polysilicon production at a factory run by its Yongxiang unit in Leshan, in Sichuan province, due to an unspecified flood threat. The production halt was requested by local authorities. The shutdown will shave 25% off the group’s 80,000 MT annual production capacity. Tongwei said the remaining 60,000 MT of production lines are still running at full capacity. Production at the Leshan plant will likely resume within 10 days, depending on the flooding situation, the company said.

JinkoSolar said on Friday it will provide 1 GW of its Swan bifacial modules to Shanghai Electric. The Chinese power group will use the solar panels for a project in Dubai.

The National Energy Administration said on Friday, China added 886.7 MW of residential PV last month, with 2.94 GW added in the year-to-date. Shandong province installed the most new solar in July, with 385 MW, followed by Hebei, with 174 MW.

Longi announced on Friday, it has signed a long-term supply agreement with polysilicon supplier Asia Silicon. Longi has agreed to buy 124,800 MT of polysilicon over the next five years. The purchase price will be negotiated by the two parties monthly.

SFSY issued a positive first-half profit notice this week – far better than some of its Hong Kong-listed solar rivals. Xinte Energy and Solargiga, for example, both announced negative earnings outlooks.

Panda Green has raised much-needed short-term funds by arranging two sale-and-leaseback deals related to three of its solar projects. The developer raised RMB500 million ($72 million) through a one-year deal with fellow state-owned entity CITIC Financial Leasing, for 100 MW of solar capacity. Panda Green will pay around RMB512 million to CITIC over the next year to lease back the projects. The other arrangement is a nine-year agreement with Shenzhen Jingneng Leasing – a company owned by Panda Green’s main shareholder, Beijing Energy.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Apple data center in Denmark powered by 50 MW of solar

Apple has revealed that its data center in Viborg, Denmark, is now being powered by a 50 MW solar project under a long-term power...

Solar + storage experiment in Tampa Bay selected for Solar Energy Innovation Network project

An innovative solar + storage research project led by the Tampa Bay Regional Planning Council has been selected as a finalist for the Solar...

Chinese PV Industry Brief: 350 MW wind-solar project, 200 MW of floating PV

Longyuan Energy said this week that it has signed an agreement with the municipal authorities in Binzhou, Shandong province, to build 300 MW of solar...

IEEE creates education and credentialing program for interconnecting distributed resources to the grid

IEEE and the IEEE Standards Association (IEEE SA) announced the IEEE Std 1547-2018 Distributed Energy Resources (DER) Interconnection Commissioning: Education and Credentialing Program, a new...