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SSX Daily News Blast - 03/06/2022

Wafer output in June to be lower than expected

Due to an earthquake of magnitude 6.1 in Ya’an, Sichuan

4 Mono wafer enterprises in Sichuan, of which 3 are ingot pulling bases with a total capacity of 36.2GW.

SPIC 1.35GW tender sees average bid of ¥1.8934/wp for 540W BiFi dual glass; ¥2/wp for N type

No delivery time disclosed.

  • Div 1-5 [800MW of P-type BiFi dual-glass 540Wp+ 182mm modules] Bids @ ¥1.875~1.909/wp, average bid @ ¥1.8934/wp; LONGi awarded 500MW and Eging awarded 300MW.

  • Div 6 [200MW of P-type BiFi dual-glass 590Wp+ 210mm modules]: Trina @ ¥1.95/wp

  • Div 7-9 [300MW of P-type mono-facial 540Wp+ 182mm modules]: Bids @ ¥1.84~1.87/wp, average bid @ ¥1.855/wp; JA, Chint and Jinko awarded 150MW, 100MW and 50MW respectively.

  • Div 10 [50MW of N-type BiFi dual-glass 560Wp+ 182mm modules]: Jinko @ ¥2/wp

SDIjC 1.2GW tender sees average bid of ¥1.956/wp for 540W BiFi dual glass; ¥2.024/wp for N type

Delivery timing: first batch in 2H22, second batch in Mar/Apr 2023.

China pledges to double solar, wind capacity by 2025

Solar investments nearly tripled YoY in Jan~Apr to ¥29 bn.

Gaojing expands ingot production by 50GW and slicing by 30GW

Shanghai Pudong Independent to buy Comtec solar wafer production facility at ¥180M

Mubang High-tech to construct 8GW TOPCon cell facility in Jiangxi

No further details were disclosed.

Shortage of quartz sand sends domestic prices up by 30% this year, from >¥30k/t to >¥40k/t

Price of imported quartz sand from the U.S. and Norway has risen twice this year, up nearly 30%.

Price of 36” quartz crucible @ >¥10k~12k.

Japan’s Chubu Electric to pay $39M for 20% of India’s IPP OMC Power

Upcoming National Holidays

Today: China, Taiwan, UK, Thailand

Monday: South Korea, France, Netherlands, Germany, Norway, Spain

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