REC Silicon’s polysilicon sales rise 18% sequentially in Q2, net loss increases
The Norwegian polysilicon producer saw its revenue drop slightly Y-o-Y to $61.0 million in the latest quarter. Average solar grade polysilicon prices, on the other hand, dropped by 6.9% from the previous quarter.
Bernreuter Research: Silicon consumption drops to 3.6 grams/W by 2020
The use of diamond wire significantly reduces wafer saw losses. Some photovoltaic manufacturers have begun to switch their production, after technical problems appear to have been resolved.
GCL-Poly’s polysilicon sales fall 43% in Q1
The Chinese energy group’s external sales of polysilicon fell about 43.4% year on year to 1,896 metric tons (MT) in the January-March period.
Daqo New Energy posts $23 million net profit in Q1
The Chinese polysilicon producer’s net income attributable to shareholders reached $22.9 million in the first quarter of 2017, from just $8.3 million a year earlier.
REC Silicon posts US$57.5 million revenue for first quarter 2017
Quarterly financial results from Norwegian based polysilicon producer REC Silicon show a drop in revenue from $80.4 million the previous quarter. EBITDA for the quarter was $4.6 million, also down from $4.9 million in the previous quarter.
China extends antidumping and anti-subsidy duties on polysilicon imported from EU
Mocfom’s decision to extend antidumping and anti-subsidy duties on polysilicon imported from the EU is likely a reaction to the 18-month extension of the EU duties on Chinese solar modules. German polysilicon maker Wacker Chemie had previously agreed a minimum import price with China.
Wacker says market environment for polysilicon is difficult
The German chemical company has said in its preliminary results for the first quarter of this year that polysilicon prices dropped significantly over the past weeks. Overall, the company expects to see its profits grow in 2017.
GCL-Poly investing $826m in construction of 60,000 MT polysilicon plant in China
The clean energy company is spending RMB 5.68 billion on the creation of the poly plant, which will comprise 40,000 tonnes of new production capacity and 20,000 tonnes of relocated capacity from the firm’s existing facility in Xuzhou.
Bernreuter Research: Wacker was the largest polysilicon manufacturer in 2016.
With a production output of 70,000 MT, Wacker was the largest producer of polysilicon last year. The previous market leader, Jiangsu Zhongneng Polysilicon, has had technical problems with the commissioning of its fluidized-bed reactor technology.
QSTec begins manufacturing activities at polysilicon factory in Qatar
The Qatar-based polysilicon manufacturer has begun producing polysilicon at its factory in Doha. The facility has a current annual production capacity of 8,000 MT, but QSTec confirmed its plans to expand it to 50,000 MT.
