polysilicon

Wacker Chemie has actually taken the very first steps of its restructuring program with the lay-offs set to specifically influence its German areas. Poor efficiency by the chemical firm's polysilicon organisation is the major source of the situation.

Significant Korean polysilicon manufacturer, OCI Chemical is to shut 2 solar quality polysilicon plants in Korea as manufacturing expense are nearly dual the present record low ASPs.

Major polysilicon producer Wacker Chemie has reported preliminary full-year 2019 financial results, highlighting higher than previously guided asset impairment charges on its polysilicon division as ASPs (Average Selling Price) remain at record lows leading to an EBITDA loss of €55 million.

The easing of economic tensions between the US and China is set to throw a lifeline to the solar industry, bringing some respite to the sector after years of back-and-forth trade tariffs and levies.

Major polysilicon producer Wacker Chemie has warned its overall group profitability for 2019 would be around 30% lower than the prior year, due to continued weak demand from the solar industry in China and continued polysilicon prices declines to industry record lows.

‘Solar Module Super League’ (SMSL) member, JA Solar has licensed a number of patents from Shin-Etsu Chemical on doping Ga in silicon crystals and using the Ga-doped p-type crystalline silicon wafers for making solar cells to mitigate the impact of Light Induced Degradation (LID).

Norwegian polysilicon manufacturer REC Silicon announced last Thursday it is considering selling its silane gas facility in Butte, in the US state of Montana.

Heineken is to fully power its Spanish operations via a new utility-scale solar plant, set to be developed by energy giant Iberdrola.

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.

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.

With the anti-dumping and countervailing duties imposed in November 2013 set to expire nine months ago, the Canadian International Trade Tribunal has extended them for another five years, ruling their expiry would harm the nation’s only domestic manufacturer.

Average spot polysilicon price has crossed below the $8/kg threshold for the first time, according to PVInsights. Market analyst Johannes Bernreuter said, however, that the industry should not read too much into $8/kg as a historical threshold and that prices may rise again in September, driven by strong demand in the Chinese market.

The High Court has approved plans for the Chinese state-owned power company to reassume control of its Hong Kong-listed solar project development business.

China-based polysilicon producer Daqo New Energy Corp has been impacted by weaker than expected financial results for the second quarter of 2019, due to the lack of demand in China and record low polysilicon prices.

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.