News In Brief July 12: EV Forklifts At Vedanta, Losses At Chinese Solar Firms, Toledo Solar Shuts Updated On Fri, Jul 12th, 2024 by Saurenergy Vedanta Aluminium Adds 66 Units Of Electric Forklifts In Odisha Vedanta Aluminium has expanded its fleet of electric lithium-ion forklifts to 66 units with the additional 22 electric forklifts at its smelter operations in Jharsuguda, Odisha. Deployed across Vedanta Aluminium’s units in Jharsuguda and Lanjigarh in Odisha, as well as its BALCO smelter in Chhattisgarh, […] Read more
Low Module Prices Weigh On Q1 Earnings For China’s Solar Champions Updated On Fri, May 10th, 2024 by Saurenergy Over the past 10 days, as numbers have continued to pour out from the listed players from China’s formidable solar sector, the impact of the low solar module prices seen over the past two quarters and more is clearly visible on their earnings as well. Even as volumes have grown in many cases, revenues have […] Read more
Six Solar Manufacturing Companies Establish Alliance to Standardize 700W+ Modules Updated On Fri, Dec 22nd, 2023 by Saurenergy Trina Solar, a PV and energy storage solutions firm has announced that it has established a “Photovoltaic Open Innovation Ecological Alliance” with five other manufacturers. They claim that this joint initiative would bring standardizing in applying the design of 700W+ PV modules. Other companies that are part of the alliance are, Astronergy, Canadian Solar, Risen […] Read more
Polysilicon Industry Set to Push Out New Entrants In 2024, Predicts Bernreuter Updated On Wed, Nov 29th, 2023 by Saurenergy Germany research firm Bernreuter Research predicts an imminent, and third shakeout in the global polysilicon industry in 2024. This would be caused by sustained, low polysilicon prices that will only go lower, before any sort of recovery post 2024. The trigger will be Chinese polysilicon market leader Tongwei that will usher in a phase of […] Read more
As Solar Panel Prices Drop to $0.2/W and Below, Chinese Majors Unfazed On Expansion Plans Updated On Mon, Jun 12th, 2023 by Saurenergy Even as module prices fell below the widely watched $0.2/W levels in China, the biggest integrated manufacturers continue to move ahead on their expansion plans. Tongwei, the Chengdu-based food and aquaculture firm that was happy to stop at cell manufacturing until a little over a year back, has moved aggressively into module manufacturing in the […] Read more
Top Four Manufacturers of Polysilicon in China; Tongwei Leads the Race Updated On Wed, May 17th, 2023 by Saurenergy As per a Bernreuter Research, all top four manufacturers of solar grade polysilicon are now located in China; they produced more than 100,000 MT each in 2022. Chinese polysilicon manufacturer Tongwei says it has extended its position as the world market leader in the polysilicon industry. In 2022, the firm produced 1.6 times as much […] Read more
China’s Solar Winners From 2022 Updated On Fri, Feb 10th, 2023 by Saurenergy As the largest solar energy producer in the world, China offers conducive conditions for the solar market. Last year, as installations surged worldwide, including almost 90 GW in China itself, Chinese suppliers of raw materials for solar panels emerged as the winners in the photovoltaic energy boom amidst rising prices. Reports say that some 31 […] Read more
Turmoil Ahead In Solar, As Key Suppliers Continue To Raise Solar Input Prices Updated On Thu, Jul 28th, 2022 by Saurenergy Consider this. The price of Polysilicon, the earliest processed input in the solar supply chain, averaged CNY (Chinese Yuan) 76/kg in 2020. In 2021, thanks to a series of incidents at key manufacturing plants and rising demand, prices averaged CNY 117/kg. However, prices as of July 24 have climbed to well over CNY 260/kg, after […] Read more
PV Wafer and Cell Prices Continue to rise, as Chinese suppliers continue hikes Updated On Wed, Mar 9th, 2022 by Saurenergy Leading integrated Chinese manufacturer LONGi solar has increased wafer prices for the third time since January, taking wafer prices to fresh highs. That means large cell manufacturers like Tongwei solar have followed with price hikes across cells, especially in the new, more widely used 182 mm and 210 mm sizes. These price hikes, come at […] Read more
