SSX Daily News Blast - 27/01/2022

China Silicon Index wafer prices up WoW

M6 +1.35%

M10 +1.78%

G12 +9.59%

Boost in demand from India. Supply disruption from Qinghai earthquake early Jan.

Wafer operating rates up.

Jan output 23.4GW (up 24.5% MoM).

Demand in Feb expected to remain strong.

https://mp.weixin.qq.com/s/ET5yRPKZS4EVfhuwqric4A

State Power 4.5GW module tender average price >¥1.9 ($0.265)/wp

Module specs cover 166mm, 182mm, 210mm and N-type modules.

Average price of each division:

200MW of 166mm mono-facial 450W+ @ ¥1.9 ($0.265)/wp;

100MW of 166mm bifacial 445W+ @ ¥1.928 ($0.269)/wp;

2GW of 182mm mono-facial 540W+ @ ¥1.91 ($0.266)/wp;

1GW of 182mm bifacial 540W+ @ ¥1.938 ($0.27)/wp;

500MW of 210mm mono-facial 590W+ @ ¥1.924 ($0.268)/wp;

500 MW of 210mm bifacial 590W+ @ ¥1.937 ($0.27)/wp; and

200MW of N-type size ≥182mm bifacial 555W+ @ ¥2.079 ($0.29)/wp.

Bid prices show overall increase compared to previous tender results from Three Gorges, State Grid, China Nuclear’s module procurement tenders.

https://mp.weixin.qq.com/s/8ExZ0-zU4G3yEyinEv_X9Q

DMEGC plans 2.5GW module plant in Jiangsu

Target for project completion and operation is within 7 months after construction starts.

https://guangfu.bjx.com.cn/news/20220127/1201768.shtml

US Congress introduces COMPETES Act of 2022 to allocate $3 bil for domestic solar manufacturing

https://www.solarpowerworldonline.com/2022/01/america-competes-act-of-2022-authorizes-3-billion-for-domestic-solar-manufacturing/

ING forecasts strong 12% growth in European solar installations in 2022, outpacing wind

https://www.hellenicshippingnews.com/solid-growth-for-wind-and-solar-amid-energy-crisis/

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