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SSX Daily News Blast - 28/02/2022

Daqo signs 2022-2026 contract for 30kt of polysilicon

Ningxia Baofeng to invest in an integrated supply chain facility in Jiuquan (Gansu Province)

350kt/year of metal silicon, 300kt/year polysilicon, 50GW wafer, 30GW cells and modules, and 15GW PV + wind power generation power station

Phase 1: ¥20 bil investment for the construction of 50kt/year polysilicon, 2.5GW/year pulling, 2.5GW/year wafer slicing, 2.5GW/year cells and 2.5GW/ year module production, and 0.5GW PV power generation and 1.75GW wind power generation.

Construction scheduled to start on 20 March 2022, and completed and put into operation by the end June 2023.

China Resources' 30GW module tender: All bid prices >¥1.8($0.252)/wp, lowest @¥1.8o/wp, highest @¥1.864/wp

  • Div 1: 500MW of 540Wp+ mono modules (485MW of bifacial dual-glass and 15MW of mono-facial single-glass)

    • No.1: Jinko @¥1.847/wp

    • No.2: Risen @¥1.864/wp

    • No.3: Huansheng Solar @¥1.854/wp

  • Div 2: 1GW of 540Wp+ bifacial dual-glass mono modules

    • No.1: Akcome @¥1.8/wp

    • No.2: Eging @¥1.83/wp

    • No.3: Risen ¥1.845/wp

  • Div 3: GW of 540Wp+ mono modules (850MW of bifacial dual-glass and 150MW of mono-facial single-glass).

    • No.1: Huansheng Solar @¥1.816/wp

    • No.2: Jinko @¥1.834/wp

    • No.3: Risen @¥1.841/wp

  • Div 4: 500MW of 540Wp+ bifacial dual-glass mono modules

    • No.1: Akcome @¥1.822/wp

    • No.2: Solargiga @¥1.86/wp

    • No.3: Jinko @¥1.857/wp

The delivery time is Q2-Q3 of 2022, and the mainstream delivery time is focused on Q2.

Golden Glass’ 1.2GW HJT cells+modules line starts operation

Installation of HJT cell production line is complete and in commissioning stage; expected to be put into production in March 2022. The main products are large-size half-cut HJT solar cells.

Production starts at Tonghe New Energy (Jintang)’s 15GW slicing project

Taiwan’s TSEC to invest USD50M to boost annual output from 400MW to 1.3GW

Tencent pledges to make its operations and supply chain fully carbon neutral by 2030

China: 176.29GW of newly added capacity installed in 2021, solar accounting for 31.27%

Hydropower, thermal power, nuclear power, wind power and photovoltaic at 23.49GW, 46.28GW, 0.34GW, 47.57GW and 54.93GW respectively.

China faced rising cost in solar plant installation for the first time in 15 years, cost up 4% YoY in 2021

Masdar, W Solar in JV to develop clean energy projects, focusing on Africa and Central Asia

Vietnam to face reductions in solar capacity growth

Upcoming National Holidays

Today: Taiwan, Indonesia, Latin America/Caribbean (Carnival)

Tuesday: South Korea, India, Malaysia, UAE, Latin American/Caribbean (Carnival)

Thursday: Indonesia

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