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SSX Daily News BLAST - 19/10/2021

Saudi Arabia hit by substantially higher bid prices in latest solar tenders for 300MW plant

Lowest shortlisted bid price from JinkoSolar at $0.0148/kWh is 40% above contract of $0.0104/kWh signed early this year.

https://www.bloomberg.com/news/articles/2021-10-18/saudi-solar-power-prices-surge-amid-silicon-supply-crunch

https://www.moenergy.gov.sa/en/MediaCenter/News/Pages/ministry-of-energy-announces-shortlisted-bidders-for-phase-3-nrep.aspx


Q3 saw 13.3GW module tenders in China

11GW awarded to suppliers; 2.3GW shortlisted suppliers.

55% bifacial; 45% mono-facial.

82% above 500Wp.

Dual-glass 530Wp+ @RMB1.805-1.85/Wp, average price @RMB1.828/Wp;

Bifacial 530Wp+ @RMB1.763~1.86/Wp, average price @RMB1.8/Wp;

Average price of N-type 550Wp @RMB2.02/Wp.

Top bid winners: LONGi 5.18GW, Jinko 1.96GW, Trina 1.55GW.

https://mp.weixin.qq.com/s/THA9EvWPx0bmlyQ8zDuHBw


China announces start on site of 13GW of solar plants

China began work on $10.1bn worth of photovoltaic farms in its northwest Qinghai Province over the weekend. When complete, they will generate almost 11GW of electricity.

https://www.globalconstructionreview.com/china-announces-start-on-site-of-13gw-of-solar-plants/


Hebang Biology subsidiary in JV to build 10GW high-efficiency Mono wafer production facility

Construction of Anhui Fuxing Crystal Technology Co., LTD to take 2 years;

wafers targeting 24.5-26.5% cell conversion efficiency.

https://mp.weixin.qq.com/s/lpuvD3hMZbpc5k_MkwtvKA


Suzhou Horad to supply equipment to Shanxi Huachu Photoelectric’s 5GW TopCon module manufacturing project

10 production lines slated focusing on 182-210mm cells; project has a total investment of RMB1.07B.

https://www.sohu.com/a/495800294_121123896


REC Silicon – Settlement of claims under indemnity loans

https://www.streetinsider.com/Globe+Newswire/REC+Silicon+%E2%80%93+Settlement+of+claims+under+indemnity+loans/19072857.html


Swiss Solar announces new European PV module factory

Its website states that "Swiss Solar is planning to start manufacturing in Germany and to increase its production capacity to 1.5 GW by mid-2022"

https://www.pv-magazine.com/2021/10/18/swiss-solar-announces-new-european-pv-module-factory/

https://www.swissenergy-solar.ch/about-swiss-solar-ag/


LG Chem eyeing a piece of the solar panel frame pie

development of proprietary high-performance engineering plastic material

https://www.galvnews.com/news_ap/business/article_33d0f9a2-370e-5274-8ff8-ebe3a0633942.html


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