Daqo Releases 2020 Revenue & Net Profit Guidance

Xinjiang Daqo New Energy Expects Net Profit Of RMB 0.95 Billion To RMB 1.05 Billion For 2020; Company Offers Revised Guidance For Polysilicon Production & Sales For Q4/2020 & 2020

Chinese polysilicon supplier Daqo New Energy expects full year 2020 revenues to fall into the range of RMB 4.5 billion to RMB 4.7 billion ($696 million to $727 million) while its net profit expectation is within RMB 0.95 billion to RMB 1.05 billion ($147 million to $162 million).

First Solar Selling US Project Development Business

Canadian Pension Fund Backed Leeward Renewable Energy To Purchase 10 GW AC Project Development Platform Of First Solar As Latter Focuses On Scaling, Developing & Selling Solar Module Technology

As part of the company’s ongoing efforts to focus on manufacturing business alone, First Solar, Inc. has agreed to sell its US project development platform with 10 GW AC utility scale solar capacity to Leeward Renewable Energy Development, LLC.

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