polysilicon

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Polysilicon Imports into China Drop as Manufacturers Shift to Vietnam

Polysilicon imports into China dropped 28.5% in 2023 to 62,965 metric tons (MT), the lowest level since 2011, according to Germany-based polysilicon market research firm...

March 1, 2024

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Arshreet Singh

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Markets & Policy
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Daqo Q4 2023 Earnings Fall Amid Crashing Polysilicon Prices

China-based polysilicon manufacturer Daqo New Energy Corporation reported lower revenue and net income in the fourth quarter (Q4) of 2023, as polysilicon prices...

February 29, 2024

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Arshreet Singh

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Finance and M&A
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High Electricity Costs Force REC Silicon to Shut Polysilicon Production in Montana

Norway-based polysilicon manufacturer REC Silicon is shutting down polysilicon production at its Butte facility in Montana, U.S., owing to high electricity costs. The...

February 12, 2024

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Arshreet Singh

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Manufacturing
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REC Silicon Q4 Revenue Rises on Semiconductor Strength, Signals Recovery

Norway-based polysilicon manufacturer REC Silicon reported a revenue of $40.5 million in the fourth quarter (Q4) of 2023, a 28% year-over-year (YoY) rise from $31.6...

February 8, 2024

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Arshreet Singh

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Finance and M&A
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REC Silicon’s Q3 Revenue Falls 5% YoY as Polysilicon Prices Drop

Norway-based polysilicon manufacturer REC Silicon reported a revenue of $34.8 million in the third quarter (Q3) of 2023, a 5% year-over-year (YoY) decrease from $36.7...

November 16, 2023

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Arjun Joshi

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Other

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Renewable Energy
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China to Dominate 80% of Global Solar Manufacturing Capacity Until 2026

With an investment of $130 billion in the solar industry this year, China will hold more than 80% of the world’s polysilicon, wafer, cell, and module manufacturing...

November 15, 2023

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Staff

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Manufacturing

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Markets & Policy

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Solar
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Daily News Wrap-Up: NHPC’s Auction for 3 GW ISTS-Connected Solar Projects

Solairedirect Energy India (ENGIE), Avaada Energy, Hazel Hybren (Mahindra), Jakson, Sprng Energy, Green Infra Wind Energy (Sembcorp), Apraava Energy, and Hinduja...

November 7, 2023

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Mercom Staff

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Daily Wrap-up
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Trina Solar to Build $200 Million Module Manufacturing Facility in Texas

China-headquartered solar photovoltaics (PV) company Trina Solar has announced plans to invest over $200 million to build a solar module manufacturing facility in Wilmer,...

September 12, 2023

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Staff

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Modules

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Solar
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Daqo New Energy’s Q2 Net Income Plunges 83.5% YoY as Polysilicon Prices Drop

China-based photovoltaic (PV)-grade polysilicon manufacturer Daqo New Energy Corporation, in the second quarter (Q2) of the financial year (FY) 2023, reported a net...

August 4, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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REC Silicon’s Q1 Loss Widens to $34.4 Million on Slow Semiconductor Market

Norway-based polysilicon manufacturer REC Silicon‘s net loss widened to $34.4 million for the first quarter (Q1) of the financial year (FY) 2023 compared to the...

May 16, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Polysilicon Maker Daqo’s Q1 Net Income Slides 48% on Lower Demand

China-based photovoltaic (PV)-grade polysilicon manufacturer Daqo New Energy Corporation reported a net income of $278.8 million in the first quarter (Q1) of the...

May 2, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Daqo’s Q4 Net Income Surges to $373 Million on Higher Polysilicon Sales

China-based manufacturer of photovoltaic (PV)-grade polysilicon Daqo New Energy Corporation posted a year-over-year (YoY) spike of 164% in its net income at $372.9...

March 1, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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REC Silicon Posts Q4 Net Loss of $26 Million on Lower Demand

Polysilicon manufacturer REC Silicon’s net loss widened to $26 million for the fourth quarter (Q4) of the financial year (FY) 2022 compared to the net loss of $13.1...

February 24, 2023

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Gourav Mishra

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Modules

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Solar
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China’s Solar Exports Jump 80% in 2022 Despite New Trade Barriers

China’s annual export of solar photovoltaic (PV) products, such as polysilicon wafers, cells, and modules, surpassed $51 billion in 2022, a year-over-year increase...

February 21, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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Shirdi Sai Electricals to Bid for PLI-II, Expand Manufacturing Capacity to 10 GW

With an estimated 220 GW of solar capacity required by the decade’s end to meet the 280 GW goal set by the government, India needs a significant manufacturing...

February 7, 2023

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Satish Shetty

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Manufacturing

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Modules

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Solar

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