the CNMIA stated in its newest market replace that polysilicon costs continued their downward pattern this week. The common value of n-type rod silicon stood at CNY 43,000 ($5,951.48) per ton, down 5.08%. The common value of p-type polysilicon fell to CNY 37,300 per ton, down 4.36%. The common value of n-type granular silicon fell to CNY 37,500 per ton, down 6.25%. Prices have now fallen under the price of manufacturing, driving pessimism available in the market. Faced with the prospect of promoting at a loss, most producers select to cease manufacturing and bear upkeep to navigate the difficult pricing surroundings. As a end result, silicon provide is predicted to fall this month, with manufacturing ranges prone to drop under 180,000 tonnes. In addition, the typical value of p-type M10 silicon wafers fell to CNY 1.25 every this week, down 20.4%. The common value of n-type G10L wafers fell to CNY 1.24 per piece, down 11.4% weekly. The common value of n-type G12R wafers now stands at CNY 1.71 every, whereas the typical value of p-type G12 wafers has fallen to CNY 1.9 per piece. In addition, the typical value of n-type G12 wafers is now at CNY 1.94 per piece, down 11% from final week. In May, wafer companies deliberate round 63 GW of manufacturing, with joint ventures growing exterior purchases on account of decrease prices. The CNMIA stated silicon wafer costs could have entered a bottoming-out part. In May, photo voltaic cell manufacturing targets had been set at roughly 62 GW, with the worth of M10 TOPCon cells falling to CNY 0.34/W, down greater than 10%. On the module entrance, a manufacturing schedule of 55 GW is printed for May. The value of 182 mm TOPCon bifacial double-glass modules fell to CNY 0.86/W, down nearly 8% from final week.

TCL Zhonghuan revealed plans to boost CNY 13.8 billion by issuing convertible bonds. The plan contains CNY 3.5 billion allotted for an ultra-thin monocrystalline silicon wafer sensible manufacturing unit mission with an annual output capability of 35 GW, and CNY 10.3 billion for a 25 GW n-type TOPCon cell sensible manufacturing unit mission . The silicon wafers mission, with a complete funding of CNY 3.65 billion, shall be in-built Yinchuan Economic Development Zone in China’s Ningxia Hui area, with an estimated building interval of about 18 months. The 25 GW n-type TOPCon cell clever manufacturing unit, with a complete funding of CNY 10.665 billion, shall be positioned in Guangzhou Yonghe industrial zone. It shall be applied in two phases, with a complete building interval of roughly 24 months.

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