Major China-based polysilicon producer and PV project developer, Xinte Energy Co has issued a profit warning for the first quarter of 2019, due to further polysilicon price declines. Xinte is a subsidiary of TBEA Co.
China-based polysilicon producer Xinte Energy Co, a subsidiary of TBEA has secured a major supply deal with wafer producer Wuhai Jingyuntong New Materials Technology Co, a subsidiary of Beijing Jingyuntong Technology Co (JYT).
Recent first half 2016 downstream PV installation figures for China have led industry advisory firm AECEA to project full-year figures could be in the 25GW to 30GW range, significantly ahead of planned installs of around 18GW.
