polysilicon

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.

China is anticipated to include 83-- 99GW of PV capacity each year from 2022 to 2025, while Europe is currently its biggest export market for solar products, according to a China Photovoltaic Industry Association (CPIA) report on the expectation for the PV industry over the next few years.

The price of polysilicon last week reached its highest level because 2011 and, according to Chinese module manufacturer JinkoSolar, there are no visible indicators that it might drop this year, as anticipated by numerous experts.

Tongwei has actually warned of ongoing tight supply of solar PV materials after recording an enter 2021 revenue over of 50%.

According to Rethink Energy's findings, 2022 will certainly be the 2nd as well as last year of the polysilicon lack. While the financial rebound of 2021 saw demand surpass supply by 50 GW, with possibly an also bigger void in 2022, pledges made by several lots firms must see manufacturing capacity triple over the next 3 years.

German chemical group Wacker Chemie saw its polysilicon sales nearly double in 2021, raising its revenues dramatically amidst greater raw-material and also power expenses, initial economic results revealed.

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.

Upstream solar significant Tongwei has actually anticipated for profits to more-than-double in its 2021 financial year on the back of increased product and cell prices experienced last year.

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 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.

Solar supplier Risen Energy has disclosed the details of a RMB44.6 billion (US$ 7 billion) production capacity expansion plan that will certainly cover n-type polysilicon ingots, modules as well as renewables projects.

Solar producer Xinyi Solar is to branch out into polysilicon manufacturing, introducing a joint endeavor to establish a manufacturing base in Yunnan, China, with a preliminary ability of 60,000 metric tons (MT).

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.

Solar manufacturing leader LONGi Solar has authorized a two-year wafer supply deal with Chinese PV producer DAS Solar which could be worth up to US$ 1.1 billion.

Canadian Solar has actually warned of solar cell overcapacity next year, pounding the breaks by itself cell manufacturing expansion strategies while accelerating on its module assembly roadmap.