An investigation by China’s Ministry of Commerce of the People's Republic of China (MOFCOM) on polysilicon dumping by South Korean producers has resulted in only small tariff increases for the largest importers.
Major Korean-based polysilicon producer OCI Chemical is expanding its production of high-purity polysilicon to meet greater demand for P-type monocrystalline wafers used with PERC (Passivated Emitter Rear Cell) technology.
China-based polysilicon producer Daqo New Energy reported better than expected third quarter 2017 results, due to continued strong demand in China, coupled to a significant spike in polysilicon prices on supply chain shortages and annual facilities maintenance early execution.
China-based integrated and merchant PV manufacturer Tongwei Group is starting capacity expansion plans at its subsidiary Tongwei Solar (Hefei) Co at two locations in China at a cost of US$1.8 billion over the next three to five years.
Major polysilicon producer Wacker Chemie reported its strongest quarter of polysilicon sales since 2012, due to volume growth as the solar industry sets to reach a global end market demand of around 100GW.
According to market research firm, Bernreuter Research, global solar installations are expected to be in the range of 95GW to 97GW in 2017, while Polysilicon supply was more than adequate to meet around 100GW of end market demand.
China-based polysilicon producer Daqo New Energy is to increase its capacity at its Xinjiang plant by 7,000MT, which is intended to serve the high-purity needs of monocrystalline solar wafers and the expanding semiconductor sector.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings reported lower revenue and profits than expected in the first half of 2017, primarily due to wafer price erosion, only partially offset by higher wafer production volumes and stable polysilicon prices.
China-based integrated monocrystalline PV manufacturer Solargiga Energy Holdings' sales have rebounded in the first half of 2017, fuelled by demand in China for high-efficiency wafers including N-type wafers for ‘Top Runner’ PV power plant projects.
China-based integrated PV manufacturer Renesola has appointed a third-party financial and legal firms to provide advise on the proposal by its chairman and CEO, Xianshou Li to purchase the PV manufacturing and LED distribution businesses so the company can move completely downstream.