The Silicon Industry Department of China Non-ferrous Metals Industry Association (CNMIA) has released its latest polysilicon price data, showing that the market remained largely stable. N-type polysilicon resupply prices were unchanged at CNY35,000-36,000 per tonne ($4,840-4,980/t), while n-type granular silicon traded at CNY34,000-36,000/t ($4,700-4,980/t), also flat on the week. The association noted that the market is entering a critical transition phase as inventories move from sustainable inventory building to rebalancing. Domestic polysilicon production is expected to reach about 83,000 tons in May, while slightly higher wafer operating rates have brought downstream demand roughly in line with monthly production, temporarily reducing supply-demand imbalances.
China Huaneng Group And Long signed a strategic cooperation agreement, expanding their relationship from project-based and purchasing cooperation to a broader strategic partnership. The two sides said they will jointly develop utility-scale renewable energy bases, distributed solar projects and integrated solar storage projects, while also cooperating in BC cell technologies, solar-plus-storage systems, intelligent power plants, green hydrogen production and virtual power plants. The partnership also includes plans to expand into overseas renewable energy markets under China’s Belt and Road Initiative.
Supplier of PV equipment Autowell technology said a previously disclosed equipment supply contract worth approximately CNY400 million ($55 million) had been terminated. The contract, originally signed in September 2024 by its wholly owned subsidiary Wuxi Autowell Supply Chain Management with an undisclosed international PV company, covered monocrystalline furnace equipment and associated ancillary systems. Autowell said the contract’s effectiveness conditions – including reaching a final investment decision (FID), issuing a notice to proceed and making an advance payment – were not met due to major policy and market changes in the client’s home country.
This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.
Popular content
