Polysilicon, A Performer For Germany’s Wacker In 2022
‘Particularly Good Prices’ Helped Wacker Chemie’s Polysilicon Business Sales Improve 49% Annually To €2.28 Billion In 2022, As Per Preliminary Estimates
German chemicals producer and polysilicon manufacturer Wacker Chemie’s polysilicon business division is likely to report 49% annual growth in sales at €2.28 billion in 2022 thanks to ‘particularly’ good prices for solar-grade silicon and high.
China PV News Snippets
Carbon Footprint Certificate For Trina Vertex Modules & More From Suzhou Good-Ark, Daqo New Energy, DMEGC
Trina Solar Vertex modules awarded Carbon Footprint Certificate; Suzhou Good-Ark silver paste shipments increase rapidly; Daqo New Energy to sell 137,000 tons of polysilicon; DMEGC to expand European market share.
China PV News Snippets
Hefei Sineva Delivers Inline Perovskite Vacuum Coating Machine & More From Daqo, OJing, Jiangsu Runergy
Hefei Sineva delivers Perovskite production equipment; Daqo to sell RMB 14.6 billion worth monocrystalline materials; OJing repors RMB 939 million revenue in Q3/2022; cell maker Runergy to raise RMB 4 billion for expansion.
China PV News Snippets
Tongwei Q3 Performance Report Released & More From YuanTech, S.C.New Energy
Tongwei revenue for Q3/2022 reaches RMB 102 billion; YuanTech to invest in PV module facility; Shipping begins for SC New Energy n-type laser SE equipment Tongwei Q3 performance report released: Tongwei Solar, announced its Q3/2022 result and stated .
China PV News Snippets
Longyuan & Linqu Ink 1.13 GW PV Deal; & More From Golden Glass, Guangzhou, Daqo, Baofeng
Longyuan to develop 900 MW PV plus storage project in Linqu; Golden Glass production lines progress; Guangzhou to build 400 MW PV projects; Daqo to sell 30,000 tons of solar-grade polysilicon materials; Baofeng to develop a chain of PV projects.
China PV News Snippets
Suntech TOPCon factory put into production; Daqo; Shanghai Tianyang; Chint; Shenzhen Bauing
While Suntech’s 2 GW TOPCon high-efficiency cell smart factory is put into production, Daqo New Energy raises RMB 11 billion for silicon project, Shanghai Tianyang issue shares privately, Zhejiang Chint transfers 311.41 MW household PV, and Shenzhen Bauing signs 3-years deal with EGing PV.
China PV News Snippets
Guan & Chongqing Sign RMB 10 Bn PV Project Deal…& More
Guan & Chongqing sign RMB 10 bn PV glass & module facility deal: The People’s Government of Chongqing City and Guangzhou Guan Sheng Group recently held a signing ceremony for a RMB 10 billion ($1.57 billion) photovoltaic glass production and deep processing base project.
Daqo Releases Q3/2021 Financial Results
Chinese Polysilicon Maker’s Q3/2021 Revenues Surged Over High Prices
With more than 30% sequential increase in the average selling price (ASP) of polysilicon in Q3/2021 at $27.55 per kg, Chinese polysilicon maker Daqo New Energy reported a strong quarter with ‘record-high’ production volume of 21,684 per metric ton (MT).
China PV News Snippets: Luoyang, Polysilicon
Luoyang To Increase Subsidiaries’ Capital By RMB 1.4 Billion; Price Negotiations For Polysilicon, Wafer, Cell & Modules Continue
Luoyang to increase subsidiaries’ capital by RMB 1.4 billion: Float glass manufacturer Luoyang Glass released an announcement regarding the use of raised funds to increase the capital of its wholly-owned subsidiaries.
Daqo New Energy Expects To Raise RMB 6.45 Billion With IPO
Chinese Polysilicon Maker Daqo New Energy Expects To Raise RMB 6.45 Billion With Subsidiary’s IPO On Shanghai Stock Exchange’s STAR Market; Abu Dhabi Investment Authority Among Cornerstone Investors
Daqo New Energy of China has finally announced the share pricing of its principal operating subsidiary Xinjiang Daqo New Energy that it plans to list on Shanghai Stock Exchanges’ (SSE) Sci-Tech Innovation Board, also called STAR Market.
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 Chemie’s Q1/2021 Polysilicon Sales Up 62% YoY
Strong Demand For Polysilicon & Higher ASP Help Germany’s Wacker Chemie Report 14% Annual Growth In Group Sales For Q1/2021
Strong demand for solar grade polysilicon and higher prices helped Wacker Chemie improve its Q1/2021 sales (€298 million) as well as EBITDA (€51 million) for the business segment, explained the management.
Xinte Energy Grew 2020 Annual Revenues By Over 54%
New Polysilicon Capacity Release Helped Chinese Polysilicon Producer Xinte Energy Improve 2020 Revenues For 2020 By Over 54%; 100,000 Tons Capacity Expansion On Track
Part of the TBEA Group, Chinese polysilicon supplier Xinte Energy Co., Ltd., achieved a 54.85% annual increase in its revenues for the year 2020 with a total of RMB 13.5 billion, thanks mainly to the capacity release of its 36,000 ton polysilicon pro.
REC Silicon & Violet Power Partnership Terminated
REC Silicon & Violet Power Call Off Strategic Partnership; Norwegian Polysilicon Maker Says Will Collaborate Commercially With ‘Established’ & ‘Proven’ Solar Supply Chain Partners
Norwegian polysilicon supplier with production capacities in the US, REC Silicon ASA has terminated its strategic partnership with upcoming solar manufacturing company Violet Energy, Inc., doing business as Violet Power.
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.
GCL-Poly & Wuxi Shangji Announce Joint Venture
GCL-Poly Energy & Wuxi Shangji Automation To Launch Joint Venture For Production Of 300,000 MT Granular Silicon In Inner Mongolia, China
Chinese polysilicon producer GCL-Poly Energy Holdings Limited has announced it is entering a joint venture with PV production equipment maker and mono-wafer company Wuxi Shangji Automation to develop and produce 300,000 MT granular silicon.
China PV News Snippets: Kong Sun, Jinko, LONGi
Kong Sun PV Installed Capacity At 1.1 GW; Jinkopower & China Power To Jointly Bid For 600 MW PV Uzbekistan Project; LONGi & Jinjing Sign PV Glass Purchase Order
Kong Sun PV plants’ capacity reach 1.1 GW: Investment group Kong Sun Holdings Limited’s solar power plants have generated an aggregate volume of about 125 GWh of electricity in January 2021, the company said in an announcement.
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).
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