polysilicon

Chinese polysilicon stocks soar as government curbs loom, igniting investor optimism amid a turbulent solar market. Will production limits spark a new dawn for solar prosperity?

REC Silicon, a leading Norwegian polysilicon producer, will halt production at its Butte plant in Montana due to electricity supply and demand issues. The company will focus on its silicon gases business instead.

Tongwei Co. pushes ahead with ambitious expansion plans while Chinese solar sector braces for inevitable consolidation and price wars. The 28 billion yuan ($3.9 billion) factory in Inner Mongolia promises 500,000 tons of industrial silicon and 400,000 tons of polysilicon annually.

The solar industry is facing unprecedented volatility as polysilicon prices have plunged and rebounded over a short period. Manufacturers have been forced to rapidly adjust pricing strategies, affecting their profits and the world's clean energy supply.

3 Chinese firms raise targets on greater orders: SMM report Polysilicon and also wafer costs are falling as a result of new capacity

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.

To safeguard long-lasting polysilicon supply, JinkoSolar has inked a significant polysilicon supply take care of a worth of more than RMB103.3 billion (US$ 14.9 billion). This comes just weeks after it signed a similar contract with Xinte Energy for RMB102.1 billion (US$ 14.7 billion).

The Chinese government has actually released a notification to its PV industry that asks for the optimization of the market as well as further buildout of its framework while warning versus hoarding products as well as the establishment of solar monopolies.

REC Silicon is progressing with efforts to restart procedures at its Moses Lake polysilicon production center in the United States, a step the firm claimed is underpinned by the passage of the country's Inflation Reduction Act (IRA).

Canadian Solar strategies to develop an incorporated PV factory in Western China, with a capacity of 200,000 MT of high-purity polysilicon, 10GW of both cells and modules and multi-GW manufacturings of raw and also complementary products.

Solar wafer as well as cell prices have actually risen once again this week, with the price of polysilicon remaining to climb unmitigated.

The value of Chinese solar PV exports during the very first fifty percent of 2022 more than doubled year-on-year as module deliveries surged, according to new government figures.

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.

Tongwei has actually ended up being the latest upstream solar maker to raise costs as the cost of basic materials remains to spiral.

The solar sector supply chain's jitters continued this week after polysilicon prices hit one more high, driving silicon wafer prices better up as well.