Tongwei

Low Module Prices Weigh On Q1 Earnings For China’s Solar Champions

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 […]

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Six Solar Manufacturing Companies Establish Alliance to Standardize 700W+ Modules

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 […]

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Polysilicon Industry Set to Push Out New Entrants In 2024, Predicts Bernreuter

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 […]

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As Solar Panel Prices Drop to $0.2/W and Below, Chinese Majors Unfazed On Expansion Plans

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 […]

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Top Four Manufacturers of Polysilicon in China; Tongwei Leads the Race

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 […]

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China’s Solar Winners From 2022

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 […]

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Turmoil Ahead In Solar, As Key Suppliers Continue To Raise Solar Input Prices

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 […]

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PV Wafer and Cell Prices Continue to rise, as Chinese suppliers continue hikes

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 […]

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Supply Chain Issues Likely To Linger All Through 2021 And Beyond For Manufacturers

The news from inverter manufacturer SMA Solar Technology of a miss on its guidance for 2021 on the back of undersupply of electronic components has not surprised anyone. The news is especially worrying for an industry that has otherwise been remarkably resilient in the wake of disruptions ever since Covid hit in early 2020. SMA’s […]

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