Daqo New Energy
Leading 4 Manufacturers of Polysilicon in China; Tongwei Leads the Race
All leading 4 suppliers are now located in China; they generated greater than 100,000 MT each in 2022. all leading 4 producers are currently situated in China; they produced greater than 100,000 MT each in 2022. The six biggest Chinese manufacturers alone have additional capacities of about 1.5 million MT in the pipe for 2023 as well as 2024.
May 17, 2023 // Manufacturing News, Tongwei, xinte energy, Daqo New Energy, bernreuter research, gcl technology, polysilicone industry in China
Daqo New Energy wins five-year polysilicon supply deal in China
China's Daqo New Energy Corp (NYSE: DQ) stated on Monday that of its subsidiaries has actually received a five-year agreement to provide high-purity polysilicon to a leading solar producer in the nation.
Nov 22, 2022 // Manufacturing News, Markets & Finance News, China, Asia, Daqo New Energy
Daqo Subsidiaries Sign Polysilicon Supply Agreement with Solar Producer
Subsidiaries Xinjiang Daqo as well as Inner Mongolia Daqo will certainly supply this leading production business with a total quantity of 432,000 MT high-purity mono-grade polysilicon. The supplies are scheduled for January 1, 2023 to December 31, 2028.
Oct 26, 2022 // Manufacturing News, polysilicon, Daqo New Energy, Longgen Zhang, solar module, Chine, xinjiang daqo, high-purity polysilicon, Inner Mongolia Daqo
Daqo's Q2 profits treble Y-o-Y, lower polysilicon production costs result in record quarterly profits
Primarily driven by a 28% decrease in its polysilicon production cost, Daqo New Energy recorded its best manufacturing volume and also profits in Q2 2022.
Aug 4, 2022 // Manufacturing News, Markets & Finance News, financial results, Daqo New Energy, xinjiang daqo, polysilicon production
Daqo anticipates more than quadrupling of H1 profit among poly rates rise
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.
Jul 12, 2022 // Manufacturing News, Markets & Finance News, China, polysilicon, financial results, Asia, Daqo New Energy, Daqo, upstream, company results
Daqo releases US$ 120m share buyback scheme
Polysilicon producer Daqo New Energy has actually launched a US$ 120 million share buyback scheme after seeing its cash reserves swell.
Jun 2, 2022 // Markets & Finance News, Daqo New Energy, Daqo, new york stock exchange, shares
Daqo obtains authorization for US$ 1.66 bn fundraise to expand polysilicon output
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.
May 4, 2022 // Manufacturing News, Markets & Finance News, China, Asia, Daqo New Energy, Daqo, inner mongolia, shanghai stock exchange, xinjiang daqo, polysilicon production, capacity expansion
Chinese manufacturers tighten up hold over polysilicon production rankings as expansions gather pace
Both GCL Technology as well as Daqo New Energy have leapfrogged Wacker Chemie in Bernreuter Research's annual polysilicon top 10 rankings, completing a China-based leading three.
Apr 28, 2022 // Manufacturing News, Tongwei, xinte energy, polysilicon, wacker chemie, Daqo New Energy, hemlock, gcl technology
Daqo turns focus to expansions after cashing in on polysilicon sales to record 'best-ever' quarter
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).
Apr 25, 2022 // Manufacturing News, China, polysilicon, Asia, Daqo New Energy, Daqo, materials, silicon metal
Polysilicon manufacturing expenses, wafer manufacturing facility exercise rates bear down Daqo Q4 efficiency
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.
Mar 1, 2022 // Manufacturing News, Markets & Finance News, polysilicon, Daqo New Energy, wafers, Daqo, supply chain, utilisation rates
Daqo 'sold out' of polysilicon for 2022 after new 30,000 MT deal
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.
Mar 1, 2022 // Manufacturing News, China, polysilicon, Asia, Daqo New Energy, Daqo, xinjiang daqo
Daqo Xinjiang subsidiary forecasting five-fold profit jump as development plans development
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.
Jan 25, 2022 // Manufacturing News, Markets & Finance News, China, polysilicon, Asia, Daqo New Energy, Daqo, upstream, Xinjiang
Daqo pushes US$ 1.6 bn capital injection to increase Inner Mongolia polysilicon project
Daqo New Energy has actually supplied a RMB10 billion (US$ 1.6 billion) capital injection to a subsidiary which is to bear down future polysilicon production projects in Inner Mongolia.
Jan 5, 2022 // Manufacturing News, Markets & Finance News, polysilicon, Daqo New Energy, inner mongolia, silicon metal
Invesco Solar ETF Supplies New Buy Factor Amid 'Largest Single Financial Investment' In Clean Energy
The Invesco Solar ETF, which holds top solar supplies such as Enphase Energy (ENPH) and SolarEdge (SEDG), is the IBD Supply Of The Day as a solid rebound from an essential support level offers a brand-new access.
Nov 12, 2021 // Markets & Finance News, Sunrun, First Solar, Enphase Energy, SolarEdge, Daqo New Energy, Invesco Solar
LONGi walks wafer rates as prices volatility set to remain
LONGi has increased its wafer rates for the very first time in almost two months with the market supported for continued high prices throughout the remainder of the year.
Aug 20, 2021 // Manufacturing News, Markets & Finance News, Tongwei, polysilicon, solar cell, Daqo New Energy, LONGi, solar wafer
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