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.
Daqo gets government approval and cheaper power for poly production expansion
The Chinese giant wants to increase polysilicon production by 70,000 MT in two phases after construction work began at the start of this month
$897.5 million arbitration request filed against Yingli
Following the publication of its disastrous 2017 financials, Yingli Green Energy Holding Company Limited has now seen the filing of a request for arbitration for US$897.5 million in payments due from one of its long term polysilicon suppliers.
REC Silicon swings to profit in Q1 2018
The Norwegian headquartered polysilicon manufacturer saw its revenue and shipments increase significantly year-on-year. The global polysilicon market, the company stressed, is still dominated by long-term fixed sales contracts and high polysilicon inventory levels.
Wacker to restart US polysilicon production
Wacker Chemie AG has said it is gradually ramping up production at its beleaguered U.S. polysilicon production site, with product expected to be again available in Q2. The shutdown has affected its Q1 earnings, with sales down 18% compared to a year ago.
Longi plans 228 MW PV project, signs $787 million polysilicon supply agreement
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.
GCL-Poly reports 8% revenue growth for 2017
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.
Wacker reports €1.07 billion EBIDTA for 2017
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.
Wacker reveals details on explosion at its US facility
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.
