TrendForce says silicon material and wafer prices have remained largely stable this week, while Longi Green Energy has signed a strategic deal with China Energy Construction for green energy projects.
TrendForce said in a new report that silicon material and wafer prices remained stable this week, with minor variations in some categories. Refeed monocrystalline silicon traded at $5.08/kg, dense silicon at $4.81/kg and n-type silicon at $5.50/kg. M10 wafers remained at $0.15/piece, while G12 wafers remained at $0.22/piece. N-type 182mm wafers were priced at $0.14/piece, and n-type 210mm wafers fell 1.43% to $0.19/piece. N-type 210R wafers continued their decline to $0.15/piece. The research firm said cell prices remained stable, with M10 and G12 cells trading at $0.037/W and monocrystalline tunnel oxide passivated contact cells (TOPCon) at $0.038/W. Passivated emitter and rear contact (PERC) modules ranged from $0.095/W to $0.097/W, while premium modules, including 182mm TOPCon and 210mm heterojunction (HJT) bifacial double-glass modules, were priced at $0.099/W and $0.12/ W respectively. Photovoltaic glass was quoted at $1.65/m² for a thickness of 2.0 mm and $2.75/m² for a thickness of 3.2 mm.
Longi green energy has signed a strategic cooperation agreement with China Energy Construction’s Gezhouba Group to promote multiple green energy initiatives. The partnership will focus on green hydrogen and ammonia production, large-scale solar power plants and distributed building-integrated solar photovoltaics (BIPV), with the aim of extensive collaboration between these sectors.
HiUV applied materials has announced plans to invest up to $10 million to establish a U.S. subsidiary in Ohio. The investment, approved by the board on December 11, will focus on high-performance polymer films for PV encapsulation, supporting local manufacturing and expanding HiUV’s US market presence as part of its globalization strategy.
Fox ESSa Chinese manufacturer of residential energy storage systems and inverters, has restarted its initial public offering (IPO) process after previously withdrawing. The company recently applied for supervisory advice to the Zhejiang Securities Bureau, in cooperation with Guotai Junan Securities as an advisory firm. Although the listing will not be made public, Fox ESS said it plans to complete its guidance process by April 2025. The IPO represents the company’s efforts to strengthen its position in the rapidly growing renewable energy sector.
Talesun solar energy said the Suzhou Intermediate People’s Court has approved Jiangsu Talesun Group’s restructuring plan, aiming to address CNY1.805 billion ($248 million) in financial issues, including fund embezzlement and irregular guarantees. The plan, managed by Talesun Group’s liquidation team, is expected to improve the company’s financial health and strengthen operational resilience, with a significant impact expected to occur in 2024.
Hunan Huamin Holdings said its subsidiary Dali Hongyu Smart New Energy Development plans to install a rooftop PV project on the roof of a facility owned by Hongxin New Energy Technology (Yunnan). The project is worth approximately CNY80 million, depending on the final settlement amount. Installation is expected to begin within three months after completion of legality formalities.
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