Tongwei has introduced a brand new funding plan in Erdos, Interior Mongolia, to increase its upstream capability. The CNY 28 billion ($3.9 billion) contains two phases. The primary part targets an annual capability of 200,000 metric tons of silicon metallic and 200,000 metric tons of solar-grade polysilicon, with an funding of roughly CNY 13 billion to CNY14 billion. The second part goals so as to add one other 300,000 metric tons of silicon metallic and 200,000 metric tons of solar-grade polysilicon. Every part is anticipated to take 15 to 18 months to finish, with the primary part anticipated to conclude and develop into operational by the top of 2025.
China Huadian Corp. has concluded its third 2023 central procurement spherical for PV panel merchandise, awarding a complete of 8.95 GW to JA Photo voltaic, Astronergy, Das Photo voltaic, Trina Photo voltaic, and Longi. The preliminary 2.95 GW noticed JA Photo voltaic securing 1.05 GW, Astronergy 996 MW, Trina 470 MW, and LONGi 430 MW. The remaining bids, totaling 6 GW, will probably be shared amongst JA Photo voltaic, Astronergy, Das Photo voltaic, and Trina, in accordance with China Huadian.
