polysilicon price

Adani Solar has halted its plan to build a 10GW polysilicon manufacturing plant due to the tumbling prices of polysilicon.

Polysilicon prices increased slightly across the board last week, but silicon producers continue to struggle with revenues.

According to Bernreuter Research, Tongwei Solar, GCL Technology, Daqo New Energy, and Xinte Energy all posted net losses in H1 2024.

In its 3Q 2024 Global PV Market Outlook, the commodity market research firm BNEF has revised its target for solar PV additions in 2024 to reach 592GW.

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.

The China Nonferrous Metals Industry Association's latest round of polysilicon and wafer prices continue to fall down.

PV Tech Premium explores whether the US will be able to bring solar wafer and polysilicon supply onshore in the current market climate.

The price of polysilicon continues to decline, in some cases below production costs, prompting a wait-and-see attitude within the PV industry.

Price of polysilicon decreased this week both for p-type and n-type materials with the former dropping below the historic low of US$6.75/kg reached in June 2020.

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.