Daqo New Energy’s Q1/2024 Net Income Narrows Down
Accumulated Inventories & Lower ASPs Impact Chinese Polysilicon Maker’s Business
Wednesday, 01 May 2024
Chinese polysilicon manufacturer Daqo New Energy saw a decline in its Q1/2024 revenues and net income due to lower average selling price (ASP), and points to the significant pressure on the wafer sector from accumulated inventories and negative margi.
Major Boost For Proposed Queensland’s Polysilicon Project
State Government Prescribes AUD 7.8 Billion Green Poly Project For Fast-Track Approval
Tuesday, 26 Mar 2024
The Quinbrook Investment Partners’ polysilicon production project in Australia’s Queensland has received major support from the state government as the latter plans to fast track its approval process. Touted to create one of the country’s 1st.
German Study On China’s Silicon Capacity Concentration
Rebuilding Independent European Solar Industry Difficult With Low Priced PV Products From China
Monday, 27 Nov 2023
The current concentration of global silicon and polysilicon production capacities in China and the country’s continued investment in expanding its capacity will make it difficult for Europe to rebuild an independent solar industry, warns the German.
Polysilicon Manufacturing Planned In Australia
Quinbrook Infrastructure Secures Land In Queensland For Solar & Storage Powered Polysilicon Plant
Tuesday, 31 Oct 2023
Upstream solar manufacturing is on its way to Australia after private equity firm Quinbrook Infrastructure Partners secured a major parcel of land in Queensland, Australia to build a large state-of-the-art polysilicon manufacturing factory. The T.
Chinese Polysilicon Company Eyeing Middle East
GCL Technology May Establish 120,000 Tons/Year Manufacturing Facility In Saudi Arabia
Wednesday, 06 Sep 2023
China-based global solar PV manufacturer GCL Technology Holdings is reportedly in talks with Saudi Arabia to set up a 120,000 tons/year polysilicon manufacturing fab in the Middle Eastern nation.
Chinese Solar PV Industry’s Output Growing
MIIT Reports 65% Annual Increase In China’s H1/2023 Production Of Polysilicon To Solar Modules
Monday, 07 Aug 2023
Chinese output of solar PV products along the supply chain, from polysilicon to modules, increased by more than 65% YoY between January 2023 and June 2023, according to the Ministry of Industry and Information Technology (MIIT).
Low Polysilicon Prices Impact Daqo’s Q2/2023 Results
Aggressive Pricing Due To Oversupply Pulled Down Solar Silicon Producer’s Revenues; Annual Guidance Maintained
Friday, 04 Aug 2023
Chinese polysilicon producer Daqo New Energy says oversupply and excess industry inventory led to delays and reductions of orders from its downstream customers that pulled down its Q2/2023 revenues by 10% sequentially and 49% annually to $636.7 milli.
China Solar PV News Snippets
Block 27-28 June For TaiyangNews SNEC/Intersolar Review Conference & More From Shanghai Electric Power Generation, Geely Joinet Energy, RoboTechnik
Monday, 19 Jun 2023
The 2-days TaiyangNews Conference on June 27-28 to reflect on major technology trends seen at SNEC Shanghai and Intersolar Munich; Shanghai Electric Power invests in Haimen HJT facility; Construction to begin for Geely Joinet Energy 100,000 tons poly.
Daqo’s Production Capacity Expands
Chinese Polysilicon Manufacturer Scales Up Manufacturing Capacity To 205,000 MT
Friday, 16 Jun 2023
The world’s leading polysilicon manufacturer from China, Daqo New Energy has reached an annual nameplate production capacity of 205,000 MT after its 100,000 MT phase 5A facility in Inner Mongolia’s Baotou city reached full production capacity.
SNEC Exclusive: GCL Tech Executive Interview
TaiyangNews & SNEC Solar Leadership Conversations With GCL Tech Co-CEO Tianshi Lan
Sunday, 11 Jun 2023
GCL Tech Co-CEO Tianshi Lan met with TaiyangNews Managing Director Michael Schmela for an exclusive interview during SNEC Conference & Exhibition 2023 in China’s Shanghai as part of TaiyangNews & SNEC Solar Leadership Conversations (click on photo to watch video).
Silicon Joint Venture In Malaysia
Japan’s Tokuyama Joins Hands With South Korea’s OCI For 10,000 MT Semi-Silicon Production Fab
Friday, 02 Jun 2023
Japanese chemicals producer Tokuyama has joined hands with South Korean polysilicon producer OCI to explore the opportunity to develop a semiconductor-grade polycrystalline silicon manufacturing fab with around 10,000 MT annual production capacity in Malaysia.
Chinese Grip On Global Polysilicon Supply Firm
Tongwei Stays On Top Of Bernreuter Research’s Top 10 Polysilicon Producers List With 345,000 MT Capacity
Wednesday, 17 May 2023
Chinese polysilicon suppliers Tongwei, GCL Technology and Daqo New Energy continued to stay on the top 3 positions of Bernreuter Research’s world’s top 10 polysilicon producers list, while their compatriot Xinte Energy pushed Germany’s Wacker Chemie to the 5th position.
Expanding From Raw Silicon To Modules
World’s Leading Raw Silicon Supplier Hoshine Silicon Formalizes 20 GW Module Production Plans
Tuesday, 16 May 2023
Leading Chinese raw silicon supplier to the global solar PV industry, Hoshine Silicon Industry has confirmed its plans to enter solar module manufacturing after the company board gave a stamp of approval for it to set up a project with 20 GW annual production capacity in China.
Wacker’s Polysilicon Sales Dropped In Q1/2023
Volatile Polysilicon Prices Pulled Down Demand Leading To Wacker Reporting Q1 Sales & EBITDA decline
Friday, 05 May 2023
German polysilicon producer Wacker Chemie AG blames significantly lower volumes for solar grade silicon due to volatile prices of polysilicon and a maintenance related plant shutdown for lower sales and EBITDA on annual basis for this segment in Q1/2023.
Daqo New Energy Gets Mixed Bag In Q1/2023
Daqo’s Q1 Revenues Slip With Decrease In Quarterly ASPs; Expects Growing Demand To Improve Prices
Friday, 28 Apr 2023
Leading polysilicon producer from China, Daqo New Energy saw its Q1/2023 revenues decline by over 17% QoQ and more than 44% YoY to $709.8 million as polysilicon ASPs dropped from $37.41/kg in the previous quarter to $27.83/kg as more polysilicon capa.
GCL Looking For Silicon Expansion Outside China
Chinese Polysilicon Manufacturer GCL Gives US A Pass Despite Inflation Reduction Act Citing High Costs
Tuesday, 11 Apr 2023
One of the leading global suppliers of polysilicon, China’s GCL Technology Holdings is not enticed by the financial incentives offered by the US government through the Inflation Reduction Act (IRA) as it is keener to look elsewhere to establish its.
China PV News Snippets
TaiyangNews Solar & Sustainability Conference On 30 March & More From LONGi, Tongwei, Jinchen Solar
Wednesday, 22 Mar 2023
TaiyangNews to hold Solar & Sustainability Conference on 30 March 2023; LONGI’s 29 GW high-efficiency monocrystalline cell facility put into production; Construction begins for 2nd phase of Tongwei’s 200,000-ton silicon Yunnan facility Taiyan.
Daqo New Energy’s 2022 Revenues Shot Up 175% YoY
50% Annual Increase In Average Polysilicon Prices Increased Daqo’s 2022 Net Income By 148.4%; Forecasts To Produce Up To 46% More In 2023
Thursday, 02 Mar 2023
One of the world’s leading polysilicon suppliers, Daqo New Energy sailed on the soaring demand for polysilicon whose price shot up by as much as 50% YoY in 2022 helping the Chinese company report 175% annual growth in revenues to $4.61 billion and .
JA Solar Announces RMB 40 Billion Investment For New Fab
JA Solar To Build New Solar PV Manufacturing Cluster With Polysilicon, Ingot, Wafer & Module Capacity In China’s Inner Mongolia
Monday, 23 Jan 2023
Chinese solar panel manufacturer JA Solar Technology says it will invest RMB 40 billion to build a vertically integrated solar PV production facility, from 150,000 ton to 100,000 ton polysilicon going up to 10 GW solar module capacity, in China’s Inner Mongolia.
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