Major polysilicon and merchant solar cell manufacturer, Tongwei Group and subsidiary Tongwei Solar are to significantly increase high-purity polysilicon production and high-efficiency solar cell production over the next five years.
Major polysilicon producer Wacker Chemie has reported preliminary full-year 2019 financial results, highlighting higher than previously guided asset impairment charges on its polysilicon division as ASPs (Average Selling Price) remain at record lows leading to an EBITDA loss of €55 million.
The first steps have been taken in ending the trade war between the US and China now that the ‘Phase 1 Trade Agreement’ has been signed. A surprise inclusion for the PV and semiconductor industries has been China’s agreement to reopen the trade doors for US-made solar-grade polysilicon.
Major polysilicon producer Wacker Chemie has directly blamed the Chinese governments support of its domestic polysilicon manufacturers for the need to make a major write-down of its polysilicon production facilities in Germany and the US with a massive €750 million impairment charge in its FY 2019.
Major polysilicon producer Wacker Chemie has warned its overall group profitability for 2019 would be around 30% lower than the prior year, due to continued weak demand from the solar industry in China and continued polysilicon prices declines to industry record lows.
‘Solar Module Super League’ (SMSL) member, JA Solar has licensed a number of patents from Shin-Etsu Chemical on doping Ga in silicon crystals and using the Ga-doped p-type crystalline silicon wafers for making solar cells to mitigate the impact of Light Induced Degradation (LID).
Leading ‘Solar Module Super League’ (SMSL) member, JinkoSolar has sourced a further two-year supply of high-purity polysilicon from Daqo New Energy to meet its material requirements under current in-house mono-wafer capacity expansions.
China-based polysilicon producer Daqo New Energy Corp has been impacted by weaker than expected financial results for the second quarter of 2019, due to the lack of demand in China and record low polysilicon prices.