Major Chinese polysilicon producer Daqo New Energy saw both production and sales of polysilicon increase by around 50% in 2023 compared with 2022, whilst the dramatic drop in polysilicon prices slashed revenues from US$4.6 billion to US$2.3 billion over the same period.
US cadmium telluride (CdTe) thin-film module manufacturer First Solar has increased its manufacturing capacity in 2023 by 6.8GW, most of which from its Series 7.
French independent power producer (IPP) Neoen has completed debt financing for a 1.5GW portfolio of solar, wind and battery energy storage assets in Australia.
TOYO SOLAR, a solar cell subsidiary of Tokyo-headquartered solar manufacturer VSUN SOLAR, has signed a long-term polysilicon supply agreement with South Korean-owned polysilicon producer OCI.