Wacker still waiting for expiry of minimum prices for polysilicon in China
The Munich-based chemical group believes that the Chinese Ministry of Commerce may make a decision at the end of October. Wacker’s U.S. plant is still in the start-up phase following a temporary shutdown due to an explosion.
US members of congress warn of REC Silicon plant closure
A group of U.S. senators and representatives from Washington and Montana led by the top democrat on the U.S. Senate Energy and Natural Resources committee are calling on President Trump to negotiate with China and save REC’s Moses Lake facility.
GCL-Poly issues profit warning
GCL-Poly Energy Holdings Ltd expects profits for the six months ended June 30, 2018, to drop between 60 and 70%, down from the around RMB 1.2 billion (US$173.6 million) it earned in the previous year.
HPQ Silicon’s plan to launch integrated PV production moves forward
The Quebec-based mining company has received financial support to the tune of $1.4 million from the local government to start a pilot production of 50 MT. The production equipment will be installed at the company’s facility in Montreal at a cost of $6.8 million.
Daqo New Energy maintains production amid falling prices
Chinese polysilicon producer Daqo New Energy says it maintained full production capacity in June, and reiterated its full year production guidance of 22,000-23,000 MT. The company’s Q2 financials show, however, sales volume and profits fell over the previous quarter, thanks to loss of demand in China.
Norway’s REC Silicon lays off 40% of US workforce, reduces production
REC Silicon ASA has announced that it will today lay off around 100 employees from its workforce based in Washington, the U.S., and reduce production, as a “direct result” of the trade dispute between the U.S. and China.
PVInsights reports strong price drop for monocrystalline products
The latest figures from the Taiwanese analysts show that prices for monocrystalline solar PV products have fallen sharply in a week-on-week comparison. The price drop for wafer was even stronger.
Ambitious PV expansion plans for China’s Tongwei, Longi and Sunport still on track
Many expansion plans are still firmly afoot in the Chinese solar PV manufacturing industry, if the information pv magazine gathered from some of the country’s leading manufacturers at last week’s Smarter E event, is anything to go by. Indeed, Tongwei , Longi, Sunport and BYD are all progressing at full speed with their capacity ramp ups.
BNEF expects 34% fall in PV module prices in 2018
The organization is expecting carnage throughout the solar value chain as the result of reduced policy support for deployment in China.
China’s Sunpower Group closes supply deal with Xinjiang Xinte
The $16.4 million contract relates to the supply of raw material towers and cold-hydraulic heat exchangers for an upgrade project by the Chinese polysilicon manufacturer.
