Chinese solar manufacturing giant Canadian Solar shipped 30.7GW of solar modules and posted US$274 million in net income in 2023, both “record” figures for the company.
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.