Daqo benefits from spike in polysilicon prices in Q3

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.

Tongwei initiating 20GW solar cell capacity expansion plans

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.

Daqo to expand polysilicon capacity to 30,000MT

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.

GCL-Poly in 1H 2017 revenue and profit slump on wafer price erosion

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.