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PV Price Watch: PV production unaffected by Sichuan earthquake but polysilicon price rises again with power rationing

September 8, 2022
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PV Price Watch: PV production unaffected by Sichuan earthquake but polysilicon price rises again with power rationing
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Polysilicon costs have risen 29 occasions this yr alone. Picture: GTAT.

An earthquake within the Southwestern Chinese language province of Sichuan has not led to any materials decline in manufacturing of photo voltaic merchandise regardless of the province being residence to a number of essential industrial clusters, in line with Chinese language market intelligence agency WeBank, however energy rationing throughout the nation has seen the value of polysilicon soar once more.  

On Monday (5 September), a 6.8 magnitude earthquake hit Luding County in Ganzi prefecture at 12:52pm, in line with the China Earthquake Networks Centre.

The strongest earthquake to strike the quake-prone area in half a decade has already claimed scores of lives and destroyed roads, buildings and infrastructure methods however it has did not disrupt PV manufacturing within the area, in line with WeBank.

Sichuan is residence to a number of photo voltaic producers, together with JinkoSolar, GCL Know-how, Beijing Specific and Gaoce. The province has round 200,000MT of polysilicon capability, 53GW of wafer capability and 42GW of cell capability.

GCL Group mentioned it had carried out on-the-ground assessments and that the manufacturing at its Leshan Granular Silicon Venture was carrying on regardless of the quake, whereas Tongwei mentioned the earthquake’s epicentre was removed from manufacturing centres and had not affected the corporate’s manufacturing in Sichuan.  

The earthquake comes on the again of energy rationing in China that has already seen PV manufacturing curtailed.

In line with knowledge from China’s Silicon Trade Department and PV InfoLink, the typical worth of polysilicon in China rose 0.7% to RMB310,000/MT this week, constituting the 29th worth rise this yr alone.

See also  Tongwei Solar shingled modules offer high efficiencies and reliable, clean power generation at competitive costs

As beforehand reported by PV Tech Premium, energy rationing in main solar-producing provinces prompted output to drop off as corporations responded to authorities fiats to scale back their energy consumption.

Sichuan ordered its industries to droop manufacturing from 15 August – 20 August, with this later prolonged in some instances to 27 August. This has additionally been the case in lots of different key photo voltaic provinces and has led to an increase within the worth of photo voltaic grade polysilicon.

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Tags: earthquakepolysiliconPowerPriceProductionrationingRisesSichuanunaffectedWatch
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