German chemical group Wacker Chemie saw its polysilicon sales nearly double in 2021, lifting its earning significantly amid higher raw-material and energy costs, preliminary financial results showed.
‘Solar Module Super League’ manufacturer JinkoSolar is to invest RMB450 million (US$70.3 million) in Tongwei Solar subsidiary Sichuan Yongxiang Energy Technology to help finance a 100,000MT “high-purity” polysilicon facility.
Chinese power restrictions are likely to change in Q1 next year and will consider the power necessity and industrial demand of certain regions. Nonetheless, polysilicon prices will remain high well into next year and could rise even further. And, distributed solar is the future of solar PV generation in China. Exclusive to PV Tech Premium users.
Polysilicon manufacturer Xinte Energy has raised RMB2.3 billion (US$355.9 million) from its owner TBEA in order to fund its target polysilicon capacity of 100,000 metric tonnes (MT)
Daqo New Energy and JA Solar have signed a long-term supply deal for high-purity polysilicon, the latest in a growing line of deals as manufacturers look to lock in polysilicon supply.
China-based integrated monocrystalline PV manufacturer Solargiga Energy has warned that despite a 37% increase in total revenue for 2020, supply chain issues led to expected losses of around RMB215 million (US$33 million) for the year.
In the full-year 2021, Daqo said it expects to produce approximately 80,000 to 81,000MT of polysilicon, compared to 77,288MT in 2020. The slight increase will be due to debottlenecking activities.