daqo new energy

January 20, 2025
Preliminary financial results from three Chinese manufacturers show a downward trend across the solar manufacturing industry over 2024.
December 31, 2024
Tongwei Solar and Daqo New Energy have announced that, to minimise price competition, they will reduce and control polysilicon production.
October 30, 2024
The results continue the downward trend in polysilicon manufacturers’ fortunes as the market faces oversupply, cutthroat competition and prices below the cost of production.
September 3, 2024
According to Bernreuter Research, Tongwei Solar, GCL Technology, Daqo New Energy, and Xinte Energy all posted net losses in H1 2024.
August 27, 2024
Daqo New Energy's polysilicon average selling price dropped from US$7.66/kg in Q1 2024 to US$5.12/kg in Q2 2024, while its average production cost sat at US$6.19/kg.
February 28, 2024
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.
October 31, 2023
Decreasing polysilicon average selling price (ASP) has reduced by a third China-based polysilicon manufacturer Daqo New Energy’s revenue in the third quarter of 2023.
August 4, 2023
The continued decrease in polysilicon prices has halved Daqo New Energy's revenues during the second quarter of 2023.
April 27, 2023
Lower average selling price (ASP) and polysilicon volume sales have dented the revenue of Daqo New Energy in the opening quarter of 2023.
March 2, 2023
Higher polysilicon average selling prices (ASP) have led polysilicon producer Daqo New Energy to register a record US$4.6 billion in revenue in 2022.

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