GCL Poly has secured two new credit lines worth a total of US$490 million. Downstream affiliate GCL New Energy also confirmed it had secured a 95% interest in a project in Jiangsu Province.
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.
Dow Corning, majority owner of major polysilicon producer, Hemlock Semiconductor, has posted a 12% increase in first-half year revenue and a net income up 20%, compared to the prior year period.
Materials specialist, AkzoNobel is collaborating with the Solar Energy Research Institute of Singapore (SERIS) at the National University of Singapore in a bid to offer lower-cost ALD and PECVD precursors for aluminium oxide passivation layer processing.
Japanese electronics materials firm, Shin-Etsu Chemical, is offering to license its production-ready bifacial monocrystalline solar cell technology that is claimed to have the highest conversion efficiency of 21% for conventional screen-printing processes.
R&D centre, Solar Energy Research Institute of Singapore (SERIS) has officially opened its module development and testing laboratory the CleanTech Park in Singapore.
Polysilicon producer, REC Silicon reported second quarter revenues of US$126.8 million, compared to US$113.3 million in the previous quarter, due to higher demand for fluidised bed reactor-based granular polysilicon and a 4% increase in selling prices.
PV module manufacturing leader Yingli Green Energy Holding Company will provide 3MW of PV modules to a demonstration project for distributed generation (DG) in Wuhan, China.
Solar silicon materials producer, Silicor Materials is to establish a 19,000MT plant in Iceland to convert metallurgical-grade silicon (MG-Si) feedstock to purified solar grade silicon that it claims can be produced at US$9/kg.
GCL-Poly subsidiary, Jiangsu Zhongneng Polysilicon Technology Development, is to supply silicon tetrachloride, a byproduct of polysilicon production to a new joint venture between Evonik Industries and GCL-Poly Energy Holdings that will produce fumed silica and ultra-pure silicon tetrachloride.
