Daqo disregards COVID-19 anxieties with favorable overview for 2020
The Chinese polysilicon titan's take-home pay dropped virtually 23% year on year to $29.5 million in monetary 2019, although it uploaded a 16% year-on-year enter income to $350 million. It anticipates its polysilicon result to rise in the year in advance, regardless of the danger positioned by the coronavirus break out.
Mar 13, 2020 // Markets & Finance News, China, Asia, Longgen Zhang, Daqo, Coronavirus, covid-19
‘Mono will supply 80% of the world’s solar by 2021’
Polysilicon manufacturer Daqo has announced the start of pilot production in Xinjiang and expects to ramp up to full output by the end of the year, doubling the company’s annual capacity to 70,000 MT. Some 90% of its poly will be mono by that stage and Daqo expects 40% to be suitable for n-type products next year.
Sep 18, 2019 // Manufacturing News, China, polysilicon, Asia, Longgen Zhang, Daqo, Eric Luo
Daqo prepares for flood of new PV orders in China
The polysilicon manufacturer took a step back in the last quarter to take two steps forward in the next, bringing forward annual maintenance operations at its main production facility to prepare for a solar gold rush expected to start next month.
Aug 14, 2019 // Manufacturing News, Markets & Finance News, China, polysilicon, Longgen Zhang, Daqo, mono wafers