Hemlock calls on Trump to restore access to the Chinese polysilicon market
The last round of the trade war decimated U.S. polysilicon, and Hemlock Semiconductor is calling on Trump to address this in the Section 201 remedy.
2017: The PV year in review
Trade cases, insolvencies, record-breaking low auction prices, China’s eye watering installation rates – all this and more characterized the 2017 solar PV industry. pv magazine reflects on the biggest stories, trends and developments of the past year; and summarizes what the industry can expect in 2018.
Coal specialists EMO, JERA enter solar industry
The Dutch shipment company and the Singapore-based coal trader will begin providing the global solar industry with specialty metallurgical coals.
Solar PV 2018: Installs of 111 GW, a polysilicon factory boom and $0.30/W for modules
On the back of high solar PV installs, which will smash records this year at just under 100 GW, BNEF’s optimistic demand forecasts place growth at 111 GW in 2018, rising to 121 GW in 2019. It further sees a polysilicon factory boom, with production 10% up on 2017; and module prices dropping to as low as US$0.30/W for market leaders.
GCL-Poly unveils $542 million wafer supply deal
A unit of Chinese energy group GCL-Poly Energy has agreed to supply wafers to PV module manufacturer GCL System Integration and one of its subsidiaries in a deal worth up to CNY 3.59 billion ($542.3 million).
China adjusts anti-dumping duties on polysilicon from South Korea
The new anti-dumping duties are effective from November 22 and range from 4.4% to 113.8%.
Polysilicon shortage in China drives 35% price spike, Bloomberg reports
Amid an unexpected shortage of a key raw material, solar manufacturers in China are now under pressure of higher costs and narrowing margins.
Daqo posts $24.1 million net profit in Q3
Daqo New Energy recorded a net profit of $24.1 million in the third quarter of 2017, as the polysilicon and solar wafer producer’s revenue rose nearly 18% from the preceding three-month period to $89.4 million.
REC Silicon sees 38% sales increase in Q3
Leading polysilicon producer REC Silicon posted revenue of $75.5 million in the third quarter – 23% above the previous quarter. REC saw a 38.2% increase in sales volume, despite polysilicon production for the quarter coming in slightly below guidance.
Wacker Chemie raises 2017 expectations to €1 billion EBITDA
German chemical supplier has raised its financial outlook for the year for the second time in three months, on the back of a strong third quarter. The company is now forecasting a full year EBITDA (earnings before interest, tax, depreciation and amortization) of €1 billion.
