GCL-Poly confirms completion of its granular silicon facility, anticipates US$ 850m net profit in 2021
Major polysilicon and wafer manufacturer GCL-Poly Energy Holdings verified the completion of its granular silicon facility as well as, in a significant turnaround of its lot of money in 2020, is expecting RMB5.4 billion (US$ 850 million) in net profit for 2021, according to a business statement.
Jan 25, 2022 // Manufacturing News, Markets & Finance News, China, Asia, silicon, LONGi, GCL-Poly, granular silicon
Tongwei tops polysilicon ranks as organization table established for shakeup in 2022
The solar polysilicon industry is experiencing an altering of the guard, and all four of the leading suppliers will certainly be Chinese next year, research firm Bernreuter Research has predicted.
May 13, 2021 // Manufacturing News, Tongwei, xinte energy, polysilicon, wacker chemie, Daqo New Energy, GCL-Poly, bernreuter research
GCL-Poly, GNE to sell 790 MW of Chinese solar plants to reduce debt
Chinese polysilicon maker GCL-Poly Energy Holdings Ltd (HKG:3800) and its troubled solar plants running device GCL New Energy Holdings Ltd (HKG:0451), or GNE, are preparing to offer interests in 790 MW of solar assets to an unit of China Three Gorges Group Co Ltd
Apr 1, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, China, Asia, GCL-Poly, PV Power Plant, GNE
GCL-Poly warns of enormous net loss for 2020
Major polysilicon and wafer manufacturer GCL-Poly Energy Holdings anticipates to report a bottom line for 2020 not less than RMB5.8 billion (US$ 891 million).
Mar 22, 2021 // Markets & Finance News, China, polysilicon, Asia, GCL-Poly, covid-19, p-type mono wafers
GCL-Poly touts FBR silicon matching Siemens procedure on purity
Significant polysilicon producer GCL-Poly has actually asserted its FBR (Fluidized Bed Reactor) granular polysilicon has actually accomplished monocrystalline purity needs at its 10,000 MT FBR plant, using considerable carbon footprint advantages over the standard process utilized for mono-wafer production.
Mar 10, 2021 // Manufacturing News, GCL-Poly, siemens polysilicon, fluidized bed reactor, polysilicon production
GCL-Poly and Wuxi Shangji group on 300,000 MT granular polysilicon plant JV
Major polysilicon producer GCL-Poly has become part of an agreement with monocrystalline tools as well as wafer manufacturer Wuxi Shangji Automation Co to partner on developing a 300,000 MT Fluidised Bed Reactor (FBR) 'granular' polysilicon plant in Inner Mongolia.
Mar 1, 2021 // Manufacturing News, GCL-Poly, fbr polysilicon, wuxi shangji automation co
GCL-Poly's FBR polysilicon manufacturing capacity on target for end of 2020
Significant polysilicon producer GCL-Poly Energy Holdings anticipates to meet formerly set targets of accomplishing 10,000 MT manufacturing capacity of its Fluidized Bed Reactor granular polysilicon innovation by the end of 2020.
Dec 15, 2020 // Manufacturing News, monocrystalline wafer, GCL-Poly, fbr polysilicon, china,
GCL-Poly breaks ground on new polysilicon center
Polysilicon producer GCL-Poly has started construction on the first phase of a brand-new 54,000 MT polysilicon manufacturing center.
Sep 8, 2020 // Manufacturing News, polysilicon, GCL-Poly, siemens process, fbr process
GCL-Poly anticipates losses of over US$ 200 million in first fifty percent of 2020
Significant polysilicon and also solar wafer manufacturer, GCL-Poly has actually warned capitalists that it expects to make a bottom line of at the very least RMB 1.5 billion (US$ 217 million) for the very first half of 2020 as market demand and also other issues influenced profitability.
Aug 26, 2020 // Markets & Finance News, c-si manufacturing, monocrystalline wafer, GCL-Poly, siemens polysilicon
GCL-Poly abandons $35m fundraising exercise
Today's announcement indicates either the board or the listing board of the Hong Kong exchange where the business is noted put a spanner in the jobs.
May 29, 2020 // Markets & Finance News, Hong Kong, GCL-Poly
Poly manufacturer takes out of wafer JV with semiconductor firm
GCL-Poly has actually drawn its dedication to infuse US$ 68m right into a 30 GW manufacturing capability wafer fab joint endeavor developed with Tianjin Zhonghuan in the Chinese self-governing area of Inner Mongolia, pointing out a choice to concentrate on 'extra affordable items'.
Mar 17, 2020 // Manufacturing News, Markets & Finance News, China, Asia, wafer, GCL-Poly
Canadian Solar trumpets new cell conversion efficiency breakthrough
Canadian Solar has attained what it describes as a new milestone for PV cell conversion efficiency, taking five months to break its own record in the field.
Sep 18, 2019 // Manufacturing News, Canadian Solar, wafer, GCL-Poly, p5, multicrystalline, isfh, mono PERC cells, Dr. Shawn Qu
GCL-Poly generates another $349m towards paying down debt
The polysilicon maker has turned a quick $160 million profit from the sale of its stake in a fund it paid $189 million to establish just five months ago. The heavily indebted manufacturer needs to raise funds to pay for its production capacity expenditure.
Sep 9, 2019 // Manufacturing News, Markets & Finance News, polysilicon, Jiangsu Zhongneng Polysilicon Technology Development Co Ltd, GCL-Poly, Xinjiang GCL New Energy Technology Technology, Energy Holdings Ltd, Hua Neng Group Hong Kong Ltd
GCL project development business has $1.6bn current liabilities deficit
The opening pages of the first-half update published on the Hong Kong exchange made all the right noises with the company set to be acquired by a Chinese state-owned entity. But the balance sheet makes for shocking reading.
Aug 22, 2019 // Markets & Finance News, China, Hong Kong, Asia, GCL-Poly, China Hua Neng Group Hong Kong Ltd, China Three Gorges New Energy Co Ltd, GCL New Energy, Shanghai Rongyao New Energy Co Ltd