SSX Daily News BLAST - 06/10/2021

Upcoming National Holidays

Today: China, Cambodia, India (Telangana, West Bengal)

Thursday: China, Cambodia

Monday: South Korea, Taiwan, USA

Tuesday: Brazil, Nepal, Spain, India (West Bengal)

Wednesday: Nepal, Thailand, India (West Bengal)

Intersolar Munich opens today

Sinopec 2.1GW module tender: finalists are disclosed as Longi, Eging, Jinko and JA

*only LONGi’s price is below RMB1.9/wp, while the other three are above RMB1.9/wp.

The average price of the four is RMB1.915/wp.

https://mp.weixin.qq.com/s/S2TwO8LlTcP_ep1wksGpZA

Zhonghuan provides RMB880M capital to subsidiary Huangsheng for construction of G12 high-efficiency shingled-cells module production facility in Yixing

Phase II annual output 3GW

https://news.solarbe.com/202110/01/344278.html

https://www.163.com/dy/article/GL3JF7VI0519M06G.html

Camera invention allows detection of damage on panels in daylight

https://www.scmp.com/news/china/science/article/3151264/snap-chinese-team-develops-camera-quickly-spot-defects-solar

Emmvee signs MoU with Karnataka Government to set up 3 GW manufacturing facility

*the plant is an addition to the manufacturer's existing solar modules manufacturing plant of 0.5 GW capacity

https://www.prnewswire.com/in/news-releases/emmvee-signs-mou-with-karnataka-government-to-set-up-3-gw-manufacturing-facility-in-dobaspet-851242369.html

India’s solar energy generation growth slumped to 24.7% YoY in Sept, from 41% YoY in Aug

Less than 3 days fuel stock at 135 coal-fired power plants; shortage expected to last up to 6 months!

https://www.reuters.com/world/india/indias-solar-energy-output-growth-slows-september-2021-10-05/

SunPower announces restructuring aimed at doubling down on residential market

*to focus exclusively on residential solar

*acquiring homes solar company Blue Raven

*to sell its commercial and industrial business

https://www.cnbc.com/2021/10/05/sunpower-announces-restructuring-aimed-at-doubling-down-on-residential-market.html

Luxembourg jumps on solar bandwagon with tax subsidies for small installations, launches 55MW tender for larger-scale plants

https://www.themayor.eu/en/a/view/luxembourg-tempts-more-people-to-start-producing-solar-energy-with-tax-cuts-9035

Brazil’s A5 auction result sees 236MW of solar with average price of $0.03109/kWh

*The selected projects must begin commercial operations by 2026.

https://www.pv-magazine.com/2021/10/05/solar-secures-236-mw-of-capacity-in-brazils-a5-auction-with-average-price-of-0-03109-kwh/