REC Silicon is progressing with efforts to restart operations at its Moses Lake polysilicon production facility in the US, a move the company said is underpinned by the passage of the country’s Inflation Reduction Act.
Canadian Solar plans to build an integrated PV manufacturing plant in Western China, with a capacity of 200,000MT of high-purity polysilicon, 10GW of both cells and modules and multi-GW productions of raw and auxiliary materials.
China’s polysilicon price finally stabilised this week, according to the Silicon Industry Branch of the China Nonferrous Metals Industry Association, following several long-term contracts being signed, helping to reduce market volatility in the short-term.
The value of Chinese solar PV exports during the first half of 2022 more than doubled year-on-year as module shipments surged, according to new government figures.
Solar polysilicon prices jumped by a further 4% this week, fuelling industry assessments that prices will soon jump above the RMB300/kg (US$44.74/kg) barrier.