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SSX Daily News Blast - 10/03/2022

Daqo estimates Q1 polysilicon sales volume @ 37~38kt, up 72~77% YoY

Qingdian Energy to integrate current 100kt metal silicon production capacity with a new PV silicon-based project in Xinjiang: annual output of 400kt metal silicon, 200kt polysilicon and 60GW of ingoting and slicing

Project to be completed in 3 phases within 5 years.

Phase 1: 100kt polysilicon + 10GW of polysilicon pulling slicing, expected to start construction this month in March, and be put into production in 2023.

Hongyuan New Material to sell 552M pcs of Mono wafers to Aiko 2022 ~ 2024

<20% fluctuation in sales volume.

Assuming all 182mm wafers, sales volume is about 4.15GW.

RePowerEU sets out EU’s plans to wean off Russian gas, includes boosting 2030 solar target to 420GW and accelerating solar deployment

"On solar energy, the [European] Commission estimates that by accelerating the roll out of rooftop solar PV systems by up to 15TWh this year the EU could save an additional 2.5 bcm of gas. We will present a dedicated communication on solar energy in June to unlock solar energy's potential."

India to hold fresh auction under PLI scheme for solar manufacturing, inserts min 90% localisation clause

Upcoming National Holidays

Next week Thursday: Bangladesh

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