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SSX Daily News BLAST - 11/10/2021

Upcoming National Holidays

Today: South Korea, Taiwan, USA

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

Wednesday: Nepal, Thailand, India (West Bengal)

Thursday: Nepal, India (West Bengal)

Friday: India (Delhi, Gujarat, Maharashtra), Ukraine

Tongwei cell prices increased

M6 RMB1.12/wp (+5.7% from 30th Aug)

G12 RMB1.12/wp (+7.7% from 30th Aug)

Reliance aquires REC at $771M

“RIL will strongly support REC’s planned expansions, including 2-3-Gw cells and module capacity in Singapore, brand-new 2-Gw cells and module unit in France, and another 1-Gw module plant in the US,” said the RIL statement.

“In India, silicon-to-PV panel manufacturing gigafactory, starting with 4GW per annum capacity and eventually growing to 10 Gw per annum,” added the statement.

Reliance acquires 40% stake in Sterling and Wilson Solar

[INDIA] Gov looking to postpone solar customs duty or project deadlines

Maxeon to set up 2.6 GW module hub in Mexico for U.S. market

Hongyuan secured order with Longheng for wafers from Oct'21 to Sep'24

Quantity to be purchased--- Q4 2021: 23 million, 2022: 227 million, 2023: 240 million and Q1 to Q3 2024: 180 million. (TOTAL: 670M pcs)

The total amount may fluctuate up to not more than 15%.

Luoyang Glass to deploy two solar glass production lines

Capacity of 1,200 tons each;

To be completed within 30 months over 2 phases.

CNNC module tender: Jinko wins at RMB1.94($0.267)/wp

19MW of 540W mono PERC modules

delivery within 20 days of contract signing

Guangdong Hydropwer module tender results

193MW of 540W bifacial half cut cells modules

- 1st Division: 150MW 4Q21 delivery; highest bid @RMB2.1($0.289)/wp; Trina/Longi/JA bid RMB2.05($0.282)/wp.

- 2nd Division: 43MW 1Q21 delivery; highest bid @RMB2.1($0.289)/wp; lowest bid from Jinko @RMB1.88($0.258)/wp.

182mm module cost crosses RMB2.0/Wp

Share prices of PV firms dropped drastically on first day of trading after Golden Week

Joint statements from ten Chinese government agencies on promoting green buildings and rooftop photovoltaic installation

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