US Government Ban On Xinjiang Produced Solar Products

Reuters: US Set To Blacklist Some Xinjiang Located Solar Manufacturers Citing Forced Labor Activities; Analysts Sense Trouble Brewing For US Solar Installations; China Says Will Take ‘All Necessary Measures’

A news report from Reuters cites 2 unidentified sources to claim that the US administration has ordered a ban on ‘imports of a key solar panel material’ from 5 Chinese companies producing it in Xinjiang, China.

Wacker’s 2020 Polysilicon Sales Up, But Group Sales Down

Wacker Chemie Returned To Profitability In 2020 With Polysilicon Sales Growing 2%; Citing Strong Demand For Polysilicon & Lower Production Costs, Company Guides For Q1/2021 Group EBITDA To Go Up Annually

After 2 ‘difficult’ years, German polysilicon and chemicals producer Wacker Chemie AG heaved a sigh of relief for its polysilicon business as net sales for this segment in 2020 grew 2% on annual basis. Wacker President and CEO Dr.

Solid Q4/2020 Reported By China’s Daqo New Energy

Daqo New Energy Posts Strong Q4/2020, Exiting 2020 With $129.2 Million Net Income; Guides For Up To 81,000 MT Production In 2021; Expects Tight Polysilicon Supply Scenario To Continue In 2021

Chinese solar grade polysilicon producer Daqo New Energy reported a strong Q4/2020 selling 23,186 MT polysilicon as guided, growing from 13,291 MT a year back, while its production volume grew as well to 21,008 MT compared to 16,204 MT in Q4/2019 (se.

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