PV Crystalox squeezed on lower wafer and stable polysilicon pricing

Facebook
Twitter
LinkedIn
Reddit
Email

UK-based merchant solar wafer producer, PV Crystalox Solar reported increased shipments and revenue but margin decline due to lower wafer selling prices and stable polysilicon purchase pricing led to a loss in the first half of 2014.

The company reported wafer shipments of 99MW for the reporting period, up slightly from 84MW in the prior year period as sales to PV manufacturers in Europe and Taiwan increased.

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

PV Crystalox reported revenue of £30.1 million, up from £28.3 million in the prior year period. The margin squeeze led to a loss from continuing operations of £6.9 million compared to a small profit of £1.3 million in prior year period.

The wafer producer is currently operating at 30% utilisation rates with a nameplate capacity of 750MW.

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