Daqo

China's Daqo New Energy Corp (NYSE: DQ) stated on Thursday that 2 of its units have actually been awarded a five-year contract to supply high-purity polysilicon to a huge solar production business in China.

A subsidiary of polysilicon manufacturer Daqo New Energy is anticipating net profit throughout the first half of 2022 to be greater than four times greater than the same period last year.

Polysilicon producer Daqo New Energy has actually launched a US$ 120 million share buyback scheme after seeing its cash reserves swell.

Polysilicon producer Daqo New Energy has actually received authorization from the Shanghai Stock Exchange for an exclusive offering on China's A-share market to sustain its capability expansion.

Daqo New Energy recorded a guidance-beating efficiency in the opening quarter of 2022, capitalizing excess supply, lower manufacturing prices and greater than expected average selling prices (ASPs).

Daqo New Energy recorded a damage to its quarterly profits as well as margin in Q4 2021 after manufacturing costs spiralled as well as sales dropped against a slide popular.

Polysilicon producer Daqo New Energy's has actually signed a long-lasting supply contract for high-purity mono-grade polysilicon for an overall amount of 30,000 MT in between 2022 and end of 2026, basically selling out its stock for this year.

Polysilicon producer Daqo New Energy is expecting a five-fold rise in internet profit from its Xinjiang subsidiary as it remains to progress growth plans.

Xinjiang Daqo, a fully-owned device of Daqo New Energy Corp (NYSE: DQ), has actually gotten energy intake approval for its planned polysilicon projects in China's Inner Mongolia autonomous area.

Daqo New Energy has started pilot production at its brand-new 35,000 MT Stage 4B polysilicon manufacturing facility, which has actually been completed ahead of timetable.

Polysilicon producer Daqo New Energy posted record business profits in Q3 2021 as the firm rode a wave of polysilicon cost hikes, however warned of a tough environment for future capacity developments.

The solar power market has actually grown rapidly even as nonrenewable fuel sources remain the leading source of international power use.

Trina Solar has actually signed an additional upstream manufacturing supply arrangement, penning a long-term high purity polysilicon supply handle Daqo New Energy.

Significant polysilicon manufacturer Daqo New Energy has been compelled to revise down assisted polysilicon sales quantities in the 3rd quarter of 2020, as a result of customers delaying investing in orders as market prices hit US$ 12.5/ kg.

The announcement from Tongwei on 10 August revealing new cell rate surges was a shock for the whole PV market. Contrasted to its previous quote on 24 July, the cost of poly cells increased by another 6 USD cents/W, with a more boost of 8 cents/W for 156.75 mm, 158.75 mm and also 166mm mono cells.