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Elsewhere, Wafer manufacturer Shangji Automation has secured a long-term wafer supply agreement from cell maker Aiko Solar and wafer maker Zhonghuan Semiconductor reported record revenue for 2021. Furthermore
Currently, prices for solar modules have risen to USD 22 cents, up from USD 18 cents in September 2020. Prices for future orders stand at USD 26 cents, which would mark a whopping 44% jump in costs over 9 months.
New solar wafer player Gaojing secures Daqo polysilicon supply deal Email
Daqo New Energy’s deal with Gaojing is the latest in a slew of deals for polysilicon supply in the solar sector. Image: Daqo New Energy.
Gaojing Solar Energy Technology, a newly-emerged solar wafer provider in China, has secured a three-year high purity polysilicon supply deal with Daqo New Energy.
The deal follows up on a similarly-termed contract Gaojing secured earlier this week with Xinte Energy, and will contribute towards the ramp of a 50GW, 210mm large-size solar wafer facility to be developed over the next two years.
Gaojing is to develop the facility, to be based in Qinghai province, in three phases. Construction on the first, 15GW phase has already commenced and is expected to be complete by the end of June 2021 before reaching full operations by September this year.
By Edith Hancock
As the solar industry has matured and sustainable investment has moved up on the global market’s list of priorities, power purchase agreements (PPAs) have become a mutually beneficial arrangement between developers and the corporate world. But SMEs have remained difficult to cater for in comparison to larger, more bankable offtakers or utilities with permanent facilities. Edith Hancock explores how this might be changing.
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