News > Materials

  • OCI

    OCI’s polysilicon shipments reach new quarterly record

    23 April 2014, 10:36

    Korean-based materials and PV project developer, OCI has reported a new quarterly record in polysilicon shipments and higher average selling prices (ASPS), reflecting the continued strong demand in the PV industry in the first quarter of 2014.

  • Solargiga

    Solargiga Q1 shipments and sales jump

    22 April 2014, 11:40

    Solar wafer-to-module processing service provider, Solargiga Energy Holdings, has reported preliminary unaudited first quarter 2014 sales and shipments that are significantly higher than the same period a year ago.

  • The company had posted revenue in the first nine months of 2013 of US$375.6 million, enabling the company to post unaudited full-year revenue of US$629.7 million, just exceeding the high-point of previous guidance of US$575 million to US$625 million.

    LDK Solar reports unaudited fourth quarter loss of US$104.1 million

    17 April 2014, 14:54

    LDK Solar has claimed through its Cayman Island liquidators that unaudited accounts indicate the company had revenue of US$273.1 million in the fourth quarter of 2013, up from US$156.6 million in the previous quarter.

  • LDK Solar

    LDK Solar’s liquidators seek stay on NYSE de-listing

    16 April 2014, 09:35

    Liquidators for LDK Solar, Zolfo Cooper have requested the New York Stock Exchange (NYSE) to change its decision to de-list its American depositary shares (ADS).

  • The company said that the revenue decline in March was primarily related to an increase in OEM business as the company supported key customers due to the risk of volatile polysilicon prices.

    Green Energy Technology’s wafer sales slide 10% in March

    09 April 2014, 12:36

    Major Taiwan-based solar wafer producer, Green Energy Technology (GET) has reported a sales decline of 10% in March.

  • Total revenue for 2013 was US$109 million, compared to US$86.9 million in the prior year. The increase was said to be primarily due to higher sales volume of both polysilicon and solar wafers.

    Daqo prepping new 6,000MT polysilicon plant on increased demand

    07 April 2014, 13:41

    China-based polysilicon and wafer producer, Daqo New Energy Corp reported narrowing quarterly losses on improved shipments of polysilicon and wafers in the fourth quarter of 2013.

  • PV waste

    Samil Power becomes first Chinese inverter manufacturer to meet EU waste rules

    01 April 2014, 11:02

    Samil Power has become the first Chinese inverter manufacturer to register for the Waste Electrical and Electronic Equipment (WEEE) directive in the EU.

  • Elkem solar

    Chinese investment firm takes 50% stake in Elkem Solar

    01 April 2014, 10:40

    Guangyu International, based in Hong Kong, has invested US$200 million in Norwegian solar-grade silicon wafer producer, Elkem Solar, for a 50% stake in the company. The company said that the deal had been in the making for some time.

  • LDK

    LDK Solar bondholders take haircut as NYSE starts de-listing proceedings

    01 April 2014, 10:07

    The start of recent bankruptcy proceedings of LDK Solar’s offshore operations has triggered both an agreement with a majority of its bondholders to take a massive haircut on the defaulted bond and the start of de-listing proceedings for its American Depositary Shares and an immediate trading suspension by the NYSE.

  • Shunfeng wafers

    Shunfeng posts losses higher than revenue in 2013; name change due

    27 March 2014, 17:00

    China-based wafer manufacturer and operator of Wuxi Suntech, Shunfeng Photovoltaic International, has reported full-year 2013 revenue of approximately US$246.2 million, compared to US$170.5 million in the previous year.

  • LDK silicon plant

    LDK Solar founder being forced into personal bankruptcy proceedings

    26 March 2014, 13:56

    The founder, shareholder and current chairman and CEO of LDK Solar, Xiaofeng Peng is being forced into personal bankruptcy proceedings by Apollo Investment Asia Limited to the tune of US$75.5 million, according to SEC filings made on behalf of the company’s liquidators in the Cayman Islands.

  • RENA wet tool

    RENA enters insolvency proceedings under self-administration

    26 March 2014, 11:45

    Wet chemicals equipment processing specialist, RENA, has started insolvency proceedings under self-administration as it attempts to restructure after failing to gain a financing solution for debts encountered at a subsidiary, SH+E.

  • China PV power plant

    Name change expected for GCL-Poly

    25 March 2014, 12:47

    The holding company of polysilicon producer, GCL-Poly, is planning to change the name of the group to GCL New Energy Holdings Limited to better reflect its move into the downstream PV project business and renewable energy in general.

  • ReneSola reported full-year net revenue of US$1,519.6 million, 56.8% higher that the previous year.

    ReneSola’s PV module shipments increase 142% in 2013

    24 March 2014, 16:17

    Although the shutdown of its Sichuan Phase I polysilicon production line impacted profitability in 2013, tier one PV manufacturer, ReneSola reported a 142.5% year-on-year increase in PV module shipments, reaching 1,728.8MW with plans to reach 2.5GW in 2014.

  • The latest transaction will see Samsung Fine Chemicals stake in the new plant fall to only 15%, yet its investment has been equal with that of SunEdison. Samsung Fine Chemicals said that it would be focusing its business in other industry sectors in the future.

    Samsung lowers its stake in polysilicon plant JV with SunEdison

    21 March 2014, 18:45

    As part of the expected IPO of SunEdison’s semiconductor wafer and polysilicon operations into SunEdison Semiconductor Limited (SSL), Samsung Fine Chemicals is planning to purchase US$100 million in shares in the spin-off company in private placement.


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