GCL-Poly Energy Holdings reported around a US$432 million loss from its solar materials business in 2012, which includes polysilicon and solar wafers.

The solar materials segment generated annual sales of approximately US$1.69 billion, down from approximately US$2.6 billion in 2011.

Polysilicon nameplate capacity remained at 65,000MT, although the company produced 37,055MT of polysilicon, an increase of 26.0%, compared to 29,414MT produced in the preceding year.

GCL-Poly said that it produced around 5,622MW of wafers in 2012, an increase of 25.3% over the prior year. Wafer shipments were approximately 5,594MW in 2012.

The company generated approximately US$99 million from trading in third party modules in 2013.

Price decline

The company reported that the average selling price (ASP) of polysilicon in 2012 had been US$20.8/kg, compared to US$47.7/kg in 2011, representing a 56.4% decline year-on-year.

Solar wafer ASP in 2012 was US$0.25/W, down from US$0.54/W in 2011. The price decline year-on-year was 53.7%.

Production costs

GCL-Poly said that despite lower utilization rates in the second-half of 2012, its average polysilicon production costs decreased only 5.6% from US$20.8/kg in 2011 to US$19.7/kg in 2012.

Future cost reductions from polysilicon are expected to come from silane production ramp and the production of FBR-based granular polysilicon.

However, wafer production costs fell significantly (41.7%), down from approximately US$0.43/W in 2011 to US$0.25/W in 2012.

PV Project pipeline

Management noted that its solar power plant business would be the business growth driver going forward. The company claimed to have project pipeline of around 1GW spanning over several years. In particular the US market would be a key driver for its project business.

At the end of 2012 the company said it had 327MW PV projects ready to commence construction. Revenue from sales of solar farm projects US$332.0 million in 2012.

World Energy Storage Day (WESD)

22 September 2021

To commemorate the World Energy Storage Day(WESD) on 22 September, being recognized worldwide, Customized Energy Solutions (CES) and India Energy Storage Alliance (IESA) is organising the 5th global conference and virtual expo, which will be held virtually on 22 September 2021. WESD is a global movement initiated by various apex trade bodies working to promote and adopt energy storage, e-mobility & green hydrogen technologies for a sustainable future. The forthcoming edition of WESD is expected to attract global participation with an intent to facilitate bi-lateral trade, market development and new research and innovation, which will invite 100+ countries, 100+ regulators & policy makers, 100+ International speakers,1000+ organisations, 100+ partners & exhibitors and 20,000+ global delegates.

Solar Solutions International

28 September 2021

Solar Solutions International is the largest trade show for solar energy in Northwest Europe. Now the solar market has grown up, it's time for the next step. Solar Solutions International displays more than 500 innovations and over 100 practical seminars concerning the latest in energy storage, smart products, and an ever evolving array of solar panels. As an exclusively B2B trade show, Solar Solutions International offers both exhibitors and visitors the chance to network at the highest level. Duurzaam Verwarmd, the largest trade show for sustainable HVAC technology in the Benelux, is held simultaneously. This way your one visit gets you up to date with all of the developments in both sustainable energy and heating.

Intersolar Europe

6 October 2021

Intersolar Europe is the world’s leading exhibition for the solar industry. It takes place as part of The smarter E Europe – the continent’s largest platform for the energy industry. Under the motto “Connecting solar business,” manufacturers, suppliers, distributors, service providers and project planners and developers from around the world meet in Munich every year to discuss the latest developments and trends, explore innovations firsthand and meet potential new customers.

Solar & Storage Finance USA Virtual Summit

6 October 2021

The future is bright for a new era of US solar and storage, and the 8th annual Solar & Storage Finance Summit will provide opportunities to discuss solutions to the industry’s challenges and provide a networking platform designed to bring together the top minds in the industry to do business. With a mix of high-level, informative presentations and panels, a stellar cast of speakers and audience members with deal-making capacity, the 2021 edition of the event will be a sell-out success.

Intersolar South America

18 October 2021

Intersolar South America, South America’s largest exhibition and conference for the solar industry, takes place at the Expo Center Norte in São Paulo, Brazil on October 18–20, 2021, and has a focus on the areas of photovoltaics, PV production and solar thermal technologies. At the accompanying Intersolar South America Conference, renowned experts shed light on hot topics in the solar industry.

EV World Congress

19 October 2021

This year’s EV World Congress will hold a special role, not only as the first live EverythingEV event in over a year – a chance to renew your connections and re-engage with the EV sector face to face – but also as a chance to share insight and inspiration as world starts to look towards move on post COVID towards hitting ambitious decarbonisation goals in 2030 and beyond. As ever, we will be bringing world leading organisations, cities, and technology providers to the UK to inspire EV innovators, and delve into the challenges facing the sector as the UK looks to revolutionise road transport.