The CNMIA stated in its newest market replace that polysilicon costs continued their downward development this week. The typical worth of n-type rod silicon stands at CNY 43,000 ($5,951.48) per ton, down 5.08%. The typical worth of p-type polysilicon fell to CNY 37,300 per ton, down 4.36%. The typical worth of n-type granular silicon plunged to CNY 37,500 per ton, down 6.25%. Present costs have fallen beneath manufacturing prices, driving market pessimism. Confronted with the prospect of promoting at a loss, most producers have opted to halt manufacturing and endure upkeep to navigate the difficult pricing atmosphere. Because of this, the availability of silicon is anticipated to fall this month, with manufacturing ranges more likely to drop beneath 180,000 tons. As well as, the common worth of p-type M10 silicon wafers fell to CNY 1.25 every this week, down 20.4%. The typical worth of n-type G10L wafers fell to CNY 1.24 per piece, down by 11.4% on a weekly foundation. The typical worth of n-type G12R wafers now stands at CNY 1.71 every, whereas the common worth of p-type G12 wafers has fallen to CNY 1.9 per piece. As well as, the common worth of n-type G12 wafers is now at CNY 1.94 per piece, down 11% from the earlier week. In Might, wafer enterprises had deliberate round 63 GW of manufacturing, with built-in enterprises ramping up exterior procurement resulting from decrease prices. The CNMIA stated that silicon wafer costs have possible entered a bottoming-out part. In Might, photo voltaic cell manufacturing targets have been set at roughly 62 GW, with the value of M10 TOPCon cells dropping to CNY 0.34/W, down greater than 10%. On the module entrance, a manufacturing schedule of 55 GW was outlined for Might. The value of 182 mm TOPCon bifacial double-glass modules fell to CNY 0.86/W, down practically 8% from the earlier week.

TCL Zhonghuan has revealed plans to boost CNY 13.8 billion by issuing convertible bonds. The plan consists of CNY 3.5 billion allotted for an ultra-thin monocrystalline silicon wafer sensible manufacturing facility challenge with an annual output capability of 35 GW, and CNY 10.3 billion for a 25 GW n-type TOPCon cell sensible manufacturing facility challenge. The silicon wafers challenge, with a complete funding of CNY 3.65 billion, might be constructed within the Yinchuan Financial Growth Zone in China’s Ningxia Hui area, with an estimated development interval of round 18 months. The 25 GW n-type TOPCon cell clever manufacturing facility, with a complete funding of CNY 10.665 billion, might be positioned within the Guangzhou Yonghe industrial zone. Will probably be applied in two phases, with a complete development interval of roughly 24 months.

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