SSX Daily News BLAST - 11/10/2021

Upcoming National Holidays

Today: South Korea, Taiwan, USA

Tuesday: Brazil, Nepal, Spain, India (West Bengal)

Wednesday: Nepal, Thailand, India (West Bengal)

Thursday: Nepal, India (West Bengal)

Friday: India (Delhi, Gujarat, Maharashtra), Ukraine

Tongwei cell prices increased

M6 RMB1.12/wp (+5.7% from 30th Aug)

G12 RMB1.12/wp (+7.7% from 30th Aug)

http://www.tw-solar.com/xinwen/qiyexinwen/

Reliance aquires REC at $771M

“RIL will strongly support REC’s planned expansions, including 2-3-Gw cells and module capacity in Singapore, brand-new 2-Gw cells and module unit in France, and another 1-Gw module plant in the US,” said the RIL statement.

“In India, silicon-to-PV panel manufacturing gigafactory, starting with 4GW per annum capacity and eventually growing to 10 Gw per annum,” added the statement.

https://www.business-standard.com/article/companies/ambani-buys-norway-s-rec-solar-holdings-from-china-s-bluestar-for-771-mn-121101000474_1.html

Reliance acquires 40% stake in Sterling and Wilson Solar

https://www.ril.com/getattachment/1ce9e813-699e-4386-b8e0-f4543aefd3f3/Reliance-New-Energy-Solar-to-Acquire-40-Stake-in-S.aspx

[INDIA] Gov looking to postpone solar customs duty or project deadlines

https://economictimes.indiatimes.com/news/economy/policy/government-may-defer-duty-on-solar-gear-imports-extend-project-deadlines/articleshow/86920848.cms

Maxeon to set up 2.6 GW module hub in Mexico for U.S. market

https://pv-magazine-usa.com/2021/10/08/maxeon-to-set-up-2-6-gw-module-hub-in-mexico-for-u-s-market/

Hongyuan secured order with Longheng for wafers from Oct'21 to Sep'24

Quantity to be purchased--- Q4 2021: 23 million, 2022: 227 million, 2023: 240 million and Q1 to Q3 2024: 180 million. (TOTAL: 670M pcs)

The total amount may fluctuate up to not more than 15%.

https://mp.weixin.qq.com/s/unGI5pIzwhZOze_P83oNHg

Luoyang Glass to deploy two solar glass production lines

Capacity of 1,200 tons each;

To be completed within 30 months over 2 phases.

https://mp.weixin.qq.com/s/svGE1LEXdnUThGJy4XH4UA

CNNC module tender: Jinko wins at RMB1.94($0.267)/wp

19MW of 540W mono PERC modules

delivery within 20 days of contract signing

https://mp.weixin.qq.com/s/vGjfkhpWr_FmCOX050q96Q

Guangdong Hydropwer module tender results

193MW of 540W bifacial half cut cells modules

- 1st Division: 150MW 4Q21 delivery; highest bid @RMB2.1($0.289)/wp; Trina/Longi/JA bid RMB2.05($0.282)/wp.

- 2nd Division: 43MW 1Q21 delivery; highest bid @RMB2.1($0.289)/wp; lowest bid from Jinko @RMB1.88($0.258)/wp.

https://mp.weixin.qq.com/s/XcNZEbWEUk6YsW9hFLxKAA

182mm module cost crosses RMB2.0/Wp

https://mp.weixin.qq.com/s/-6vaBEa9doCYNw6Q_iHZSQ

Share prices of PV firms dropped drastically on first day of trading after Golden Week

https://mp.weixin.qq.com/s/ZB2LYPcxBsgpcLEPGBJTrw

Joint statements from ten Chinese government agencies on promoting green buildings and rooftop photovoltaic installation

https://mp.weixin.qq.com/s/N0ec7BCZyW7mVLi04E2-mw