The new production capacity of solar glass is released as scheduled, and the soda ash market continues to rise

 The increase in domestic distributed and overseas demand in the first quarter of 2022 far exceeded market expectations. According to data from the National Energy Administration, the total installed capacity of photovoltaics in China from January to March totaled 13.2GW, a year-on-year increase of 788%. In the context of the rapid development of new energy, the new energy production capacity of photovoltaic glass is concentrated, and the photovoltaic glass production capacity planned to be put into production in 2022 is about 40,000 tons. From January to April, photovoltaic glass production capacity was released as scheduled, with 11 new ignition and resumption production lines, and the daily melting volume of photovoltaic glass increased by 11,100 tons, equivalent to an increase of about 60,000 tons of soda ash per month. As of last Thursday, there were a total of 279 photovoltaic glass production lines in the country, with a total daily melting volume of 51,910 tons, an increase of 3.39% month-on-month and a year-on-year increase of 50.29%.

 The consumption of soda ash in photovoltaic glass has increased significantly, the production capacity and output of float glass are still higher than the same period last year, and the consumption of heavy alkali has continued to increase. As of last Thursday, there were a total of 304 float glass production lines in the country, 259 of which were in production, with a daily melting volume of 172,025 tons, an increase of 1.8% year-on-year. The profitability of the main downstream products of light caustic soda is not good, but the workload of Paohua caustic soda, daily glass, sodium metabisulfite, and sodium bicarbonate is relatively stable.