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SSX Daily News BLAST - 16/11/2021

Anti-Circ: not happening, but the initiating group may re-file again, says ROTH

pshen@roth.com


China Central Budget to allocate RMB3.87B ($610M) for new energy electricity subsidies; PV gets RMB2.28B share

wind RMB1.55B

PV RMB2.28B

biomass RMB38.24M

https://mp.weixin.qq.com/s/Z1KGNqSblZsXlui8dfoAFw


Shuangliang to sell 0.95B pcs of M10 wafers to Longheng New Energy

from Jan 2022 to Dec 2024

2022: 0.15B pcs, 2023: 0.3B pcs, 2024: 0.5B pcs

Monthly price to be agreed by both parties.

Minimum qty to be shipped/bought every month: 80% of initial agreement.

https://mp.weixin.qq.com/s/yCz76amRhFKlUOj_P1-TVQ


Indian transformer manufacturer to set up 4 GW solar fab

Shirdi Sai Electricals, an Indian transformer manufacturer and EPC contractor

https://www.pv-magazine.com/2021/11/15/indian-transformer-manufacturer-to-set-up-4-gw-solar-fab/


JINDAL INDIA SOLAR ENERGY LIMITED to set up manufacturing capacities for solar PV modules

From polysilicon to modules.

Total grant (over 5yrs): Rs1390cr ($187M)

https://www.indiainfoline.com/article/news-top-story/jindal-poly-films-subsidiary-bags-order-for-setting-up-manufacturing-capacities-for-solar-pv-modules-121111500208_1.html


China's Oct daily aluminium output falls to over one-year low

https://auto.economictimes.indiatimes.com/news/auto-components/chinas-oct-daily-aluminium-output-falls-to-over-one-year-low/87709620


Q CELLS increases energy storage investment and acquires 190MW/380MWh battery energy storage project in Texas

https://mp.weixin.qq.com/s/NLDMAgbi-QsjXf8CRgVdVA


Sungrow FPV, US Floating Solar partner to develop North American floating solar

https://www.solarpowerworldonline.com/2021/11/us-floating-solar-to-bring-sungrow-fpv-floating-solar-systems-to-north-america/


Chile taps massive solar potential of Atacama Desert in plans to export PV power to China

https://www.pv-magazine.com/2021/11/15/chile-wants-to-export-solar-energy-to-asia-via-15000km-submarine-cable/


Upcoming National Holidays

Today: Mexico

Wednesday: Myanmar

Thursday: Myanmar, Cambodia, Sri Lanka, Morocco

Friday: India, Cambodia