PV Crystalox in talks to sell polysilicon plant

Facebook
Twitter
LinkedIn
Reddit
Email

Former management at PV Crystalox’s polysilicon plant in Germany are in talks with the company to acquire the shuttered plant.

According to PV Crystalox the polysilicon plant in Bitterfeld, Germany was due to be decommissioned and the site cleared. To avoid the costs associated with site clearance, the company is keen to sell the plant, possibly with a cash payment to the former plant management, which have secured local grants and subsidies, previously given to PV Crystalox.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The Bitterfeld polysilicon plant had nameplate capacity of 1,800MT per annum before being shutdown in late 2011 when polysilicon prices fell below production costs.

PV Crystalox also said that solar wafer spot prices had stopped declining with a modest improvement in pricing but remained below actual industry production costs.

The company also said it expected its wafer shipments in the first half of the year to be ahead of its shipments in the same period a year ago at 75-85MW, compared to 61MW in the first half of 2012.

The company said that it expected non-Chinese producers to benefit from a “favourable market environment” in the second half of the year due to the anti-dumping duties being imposed on Chinese solar products in the EU.
 

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 10, 2024
Dallas, Texas USA
Solar Media Events
April 17, 2024
Lisbon, Portugal
Solar Media Events
May 1, 2024
Dallas, Texas
Solar Media Events
May 21, 2024
Napa, USA