In the first half of this year, the country’s solar cell output increased by 57% over the same period last year.
China’s state-controlled manufacturer Luoyang Glass said that in June alone, China produced 42,000 tons of polysilicon and 14 GW of solar modules.
The glass manufacturer reported these figures when it released data for the first half of the year, and stated that China produced 238,000 tons of polysilicon in the first half of the year, as well as 105 GW of silicon wafers, 92.4 GW of solar cells and 80.2 GW of solar modules.
Luoyang said that these figures were “recently released by the Ministry of Industry and Information Technology”, in which battery production increased by 57% year-on-year, module production increased by 51% year-on-year, wafer manufacturing increased by 40% year-on-year, and polysilicon production increased by 16%.
The impact of the continuous increase in the price of solar panel glass in the first quarter of this year was reflected in the net profit of Luoyang New Energy’s glass division of 222 million yuan (34.2 million US dollars) in the first half of the year, which was higher than the 68.8 million yuan in the same period last year. From January to June last year. The figure for the six months of 2021 comes from new energy revenue of 1.4 billion yuan (US$216 million), up from 822 million yuan (US$127 million) a year ago.
In contrast, Luoyang’s other main business, providing glass for information displays, had a net profit of RMB 25.6 million (US$3.95 million) in the first half of the year and an operating income of RMB 195 million (US$30 million).
The manufacturer stated that the two new solar cell module glass production facilities in Hefei and Tongcheng are still expected to start operations next month and November, respectively, and are pushing plans for another new plant in Yixing.
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