Daqo CEO predicts polysilicon price will keep on rising
While some analysts have said the raw material shortage has eased sufficiently of late for its selling price to stabilize, the chief executive of Xinjiang-based producer Daqo made bullish statements about his company’s prospects yesterday, based on an expectation of continuing tight supply of the solar panel component.
UK energy company ordered to pay overdue FIT contribution
Newcomer Symbio Energy has been told it must hand over £450,000 it owes to the FIT program which reimburses small scale renewable energy generators. The payment is already a week overdue.
China made 14 GW of solar modules in June – and more than 80 GW in six months
The nation produced 57% more solar cells in the first half of this year than in the same period a year earlier, according to a financial update from state-controlled manufacturer Luoyang Glass.
France provides €50m for green SME investment in Bangladesh
Countryside SMEs, and particularly women entrepreneurs, will be among the first in line to receive loans to finance up to 70% of their clean energy investments.
Solar tariffs to be pegged to coal-fired power prices in grid-parity China
Solar glassmaker Xinyi reported Beijing’s plans as it outlined bumper first-half returns whilst warning investors the boost in glass prices seen last year is likely to be short-lived.
Guggenheim Solar Index: Solar’s shipment struggle
The outlook for U.S. residential solar remains strong, according to Jesse Pichel of ROTH Capital Partners. The large-scale segment, however, is hampered by rising costs and the likelihood of sanctions on Xinjiang-made materials.
The Chinese PV Industry Brief: Tongwei raises solar cell prices
Canadian Solar also reports solid Q2 results, with PV shipments reaching 3.7 GW and revenue totaling US$1.43 billion.
SMA warns of electronic component shortage
In the first half of the year, the German PV inverter maker recorded high demand for its inverters and storage solutions from the residential solar segment. The effects of the corona pandemic, however, have had an impact on the commercial segment and, although a recovery in demand is expected in the second half of the year, SMA said it is currently dealing with delivery issues.
Canadian Solar posts solid Q2 results, lowers 2021 shipment guidance
The solar PV module manufacturer reported strong growth for its energy storage business and an overall 105% year-on-year turnover growth. Its total module production capacity reached 19.7 GW at the end of June.
Higher polysilicon prices improve Wacker’s financials
The Munich-based chemical company was also able to significantly increase sales volumes for its polysilicon segment. In June, Wacker Chemie raised its forecast for the full year substantially.
