polysilicon

Longi Green Energy Technology Co., Ltd has announced plans to build a 228 MW solar PV project in China. The Chinese vertically integrated solar PV manufacturer has also signed a 39,600 metric ton (MT) high purity polysilicon agreement with Daqo New Energy Corp.

Last year, the Chinese polysilicon maker saw robust demand for wafers and polysilicon, paticularly between the second and third quarters. Furthermore, the company said it achieved all its technological upgrade goals, and started construction on its new 20,000 MT polysilicon factory in Xinjiang in December.

The turnover of the Munich-based chemical company increased by 6%. The polysilicon business of Wacker Chemie also continued to increase last year; however, the production halt in the U.S. prevented even stronger growth.

Tennessee’s relevant safety authorities have submitted their report on the hydrogen explosion at the polysilicon plant of the German manufacturer in Charleston. They demand US$25,400 in fines from Wacker Chemie for violations of various regulations. The manufacturer continues its efforts to resume production.

Following an explosion at a U.S. production facility in 2017, the German polysilicon producer is under investigation by local authorities. Wacker Chemie must now pay a fine of US$20,000 for failing to comply with certain regulations regarding the provision of personal protective equipment and employee safety during maintenance work prior to the accident.

Polysilicon and wafer manufacturer ranking: PV demand reached record levels in 2017, with global installations surpassing 100 GW for the first time ever. Few in the industry expected deployments to hit this level, piling the pressure on to the supply chain. Armed with polysilicon and wafer manufacturer ranking data supplied by IHS Markit, pv magazine delves into the past year’s upstream landscape.

Norwegian headquartered manufacturer, REC Silicon has posted revenue of $78 million for the fourth quarter of 2017, a 3.4% increase over the previous quarter’s $75.5 million. The company also increased its EBITDA to $10.3 million, up from $3.6 million the previous quarter.

German-headquartered polysilicon producer attains 2017 sales and earnings target, posting €4.92 billion in sales and net income of €885 million.

The Chinese polysilicon supplier reveals that its order book is 90.2% filled as of the end of January, in response to surging demand among Chinese solar firms.

The Norwegian polysilicon producer saw its stake in the joint venture (JV) with Chinese silicon material manufacturer, NSF reduced, after the latter agreed to provide all of REC Silicon’s outstanding capital contribution for the project.