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polysilicon production

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Why experts raised eyebrows when REC Silicon abandoned US polysilicon production

January 21, 2025
Experts and shareholders in REC Silicon have raised questions since the company shut down its Moses Lake, WA polysilicon operation.
Hemlock Semiconductor headquarter offices

Hemlock Semiconductor secures up to US$325 million funding under CHIPS Act

January 10, 2025
The US Department of Commerce (DoC) has awarded polysilicon producer Hemlock Semiconductor up to US$325 million in direct funding.
REC_Silicon_production_plant

REC Silicon abandons US polysilicon production at Moses Lake

January 2, 2025
The company claimed that its US offtake customer, Hanwha Qcells, “Is not able to wait any longer for delivery of product".
Image: Corning.

Corning to build solar wafer manufacturing plant in Michigan

October 30, 2024
Materials science firm Corning has unveiled plans to build a solar wafer manufacturing plant in the US, according to a local news outlet.
Daqo New Energy previously increased its annual polysilicon production guidance to 129,000 – 132,000MT. Image: Daqo New Energy.

Daqo New Energy cuts polysilicon production as losses continue

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.
Image-by-GCL-Tech

GCL posts US$400 million losses in Q1-3 2024

October 28, 2024
The company attributed this loss to the ongoing decline in the average selling prices of polysilicon and silicon wafer products.
Delegates of United Solar Holding and Oman in the ground breaking celebration of a polysilicon factory

United Solar secures US$156 million financing for polysilicon plant in Oman

October 3, 2024
United Solar is currently building a 100,000 ton polysilicon factory in Oman which it expects to be operational in 2025.
Adani Solar's booth at RE+ 2024 in Anaheim, California.

RE+: Adani Solar targets 10GW of solar cells and modules in next 18 months, rethinks polysilicon plant timeline

September 12, 2024
Adani Solar has halted its plan to build a 10GW polysilicon manufacturing plant due to the tumbling prices of polysilicon.
Daqo_poly_plant_facility_outside

Top polysilicon producers post losses in H1 2024 after price crunch

September 3, 2024
According to Bernreuter Research, Tongwei Solar, GCL Technology, Daqo New Energy, and Xinte Energy all posted net losses in H1 2024.
Daqo_polysilicon_plant_2019

Daqo sells polysilicon at lower price than production cost in Q2 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.

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