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BEIJING, July 22 (Reuters) – China is still expected to add up to 65 GigaWatts (GW) of solar power capacity in 2021, its solar manufacturing association said on Thursday, taking total solar installations beyond 300 GW by the end of the year.
Solar power installation reached only about 13 GW in the first six months, as a supply constraint on photovoltaic raw material and soaring product prices slowed the development of new solar projects. read more
“(The progress of) utility-scale solar projects in the coming months will depend on price movements alongside the solar supply chain,” Wang Bohua, honorary president of the China Photovoltaic Industry Association (CPIA), said at an industrial conference.
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The price of polysilicon, a key raw material for making solar cells, was three-and-a-half times higher in June than at the end of last year. read more
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