The China Photovoltaic Business Affiliation revealed a major enhance in photo voltaic module manufacturing in China, which reached 74.1 GW in Q1 of this 12 months, a 92.5% enhance in comparison with final 12 months. CPIA additionally famous a rise within the output of polysilicon (210,000 MT, + 72.1%), wafers (88.1 GW, + 79.8%), and photo voltaic cells (77.9 GW, + 81.6%).
The China Nonferrous Metals Business Affiliation reported a decline within the common worth of polysilicon in China, which reached CNY 100 ($14.02)/kg, with the bottom worth falling to CNY 80/kg. The affiliation highlighted a major accumulation of polysilicon stock, leading to unprecedented promoting strain.
Canadian Photo voltaic has begun buying and selling its shares on the Shanghai Inventory Trade (SEE) Science and Expertise Innovation Board, leading to a rise of greater than 22% in share worth. The corporate submitted its IPO utility in June 2021, cleared the SSE itemizing evaluation in December, and quickly halted the IPO in September 2022 attributable to lacking updates. Nevertheless, Canadian Photo voltaic continued its SEE IPO plans in January.
Znshine stated it’s going to make investments CNY 5 billion to construct a ten GW photo voltaic cell manufacturing facility in Lian Yungang, Jiangsu province. The manufacturing facility has a capability of 5 GW for TOPCon photo voltaic cells and an extra 5 GW for heterojunction cells.
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