China’s upstream sector witnessed growth in all major metrics throughout H1 2020 as the industry shrugged off any meaningful impact from the pandemic, figures released today by the China Photovoltaic Industry Association (CPIA) show.
China-based high-purity polysilicon producer Daqo New Energy has reported that in the first quarter of 2020, the average total production cost of polysilicon was reduced to US$5.86/kg, down from US$6.38/kg in the previous quarter, a new industry record.
Major polysilicon and wafer producer GCL-Poly Energy Holdings reduced losses in its Materials business segment in 2019 by continuing to reduce polysilicon production while boosting solar wafer capacity by 5GW.
Major polysilicon and merchant solar cell producer, Tongwei Group is adding 40,000MT of high-purity polysilicon at a cost of around RMB 4 billion (US$563 million), which is to result in its total polysilicon capacity reaching 155,000MT in 2021.
Major China-based polysilicon producer takes average production cost of primarily monocrystalline-grade polysilicon to industry record low of US$6.38/kg in Q4 2019, while guiding lower costs of around US$6.10/kg for Q1 2020.
South Korean solar-grade polysilicon producer, Hanwha Solutions is to exit the business by the end of 2020, following OCI’s decision to shutter polysilicon plants in the country.
Plans for sizeable layoffs by 2022 will mostly affect administrative and non-operational staff in Germany, says poly player of new roadmap launched after €55m losses last year.
Major Korean polysilicon producer is to close two solar grade polysilicon plants in Korea as production costs are almost double the current record low ASPs.
