long, JA Solar and Yingli won contracts to supply 1.05 GW of PV modules to the China Southern Power Grid. The state-owned utility released the results of its second module procurement tender on its website. Each company won a 350 MW contract, totaling 1.05 GW.
That’s right New Energy said its board of directors approved a $700 million share repurchase program, effective from Nov. 7, 2022, to Dec. 31, 2023. The company is authorized to buy back up to $700 million of its own issued and outstanding ordinary shares.
TBEA said it expects to produce around 120,000 metric tons (MT) of polysilicon by 2022, which is 53.5% year-on-year. It is said that this 2023 output will likely fall in the range of 240,000 MT to 250,000 MT. In the third quarter, it signed several long-term polysilicon supplement agreements with major companies such as Jinko Solar.
FuturaSun module production capacity doubled from 500 MW to over 1 GW. The Italian manufacturer opened its first module factory last year in Taizhou, Zhejiang province. It has opened a new production plant next to the original one, with two production lines of up to 550 MW, to process 166 mm to 210 mm half-cut cells. FuturaSun said it plans to allocate some of the new production capacity to other Asian markets.
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