Kyocera Corporation a multinational electronics and related components manufacturer has made a significant US$459 million impairment charge on long-term polysilicon supply contracts, as well as downsizing its solar operations in the US, which were the primary reason for its Life & Environment Group (solar PV included) reporting a large operating loss in fiscal 2018.
Polysilicon producer Wacker Chemie plans to restart production at its Charleston US facility in the second quarter of 2018, after an explosion on September 7, 2017.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has reported a significant increase in nameplate wafer capacity in 2017, going from 18.5GW in 2016 to 30GW at the end of 2017, a 62.2% rise.
Specialist solar PV equipment supplier centrotherm International’s woes have multiplied in the second-half of 2017 as the company plans to liquidate a segment of its polysilicon equipment and engineering subsidiary, SiTec GmbH and deconsolidate the entire subsidiary.
Consumption of polysilicon used by the solar industry will decline to below 4g/W during 2018, hitting 3.92g/W at the end of Q4’18, according to a new value-chain model developed by the in-house market research team at PV Tech.
Leading integrated high-efficiency monocrystalline module manufacturer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology has signed a three year deal to purchase polysilicon from Korean-headquartered polysilicon producer OCI Co worth around US$1.02 billion.
China-based polysilicon producer Daqo New Energy has announced that its long-term CEO, Dr. Gongda Yao is stepping down from all executive positions and would leave the company at the end of March, 2018.
Aiming to make its local solar manufacturers competitive on the global stage, the Indian government has proposed direct financial support of INR110 billion (US$1.7 billion) and a 12GW allocation of public sector tenders mandated to include locally sourced PV equipment.
