Maxeon Solar Technologies saw its gross loss widen in Q1 2022 despite outlook-beating revenue after the sale of excess polysilicon at a loss dragged on its performance.
Solar polysilicon, wafer and cell prices have all risen once again in the past week as demand continued to outstrip supply, with COVID-19 lockdowns in China continuing to disrupt the value chain.
Last week saw yet another price increase from some of the solar industry’s largest manufacturers, continuing a trend that has placed some of the sector’s largest providers under heightened margin pressure and PV project developers the world over under strain.
JinkoSolar has increased its PV manufacturing capacity expansion plans for 2022 once again in spite of margin pressure affecting its bottom line, citing accelerating demand in Europe and beyond.
Both GCL Technology and Daqo New Energy have leapfrogged Wacker Chemie in Bernreuter Research’s annual polysilicon top ten rankings, completing a China-based top three.
Solar polysilicon and cell manufacturer Tongwei has stated plans to significantly increase its manufacturing capacity over the next four years after confirming a six-fold increase in net profit in Q1 2022.
Daqo New Energy recorded a guidance-beating performance in the opening quarter of 2022, cashing in on excess inventory, lower production costs and higher than anticipated average selling prices (ASPs).
Kontron AIS is supporting PV manufacturers with a standardised Manufacturing Execution System (MES) for production control, material track and trace and equipment performance tracking, covering all processes from crystal growing over wafer and solar cell production to module assembly.
Zhonghuan Semiconductor (TZS) is to invest RMB2.06 billion (US$323 million) in a new 120,000MT-capacity polysilicon project and additional polysilicon R&D facilities in Inner Mongolia.
