Major China-based polysilicon producer, Xinte Energy has signalled a significant decline in expected profits for the first half of 2019, due to polysilicon ASPs declining 43% from the prior year period.
Major polysilicon producer Wacker Chemie has continued to be impacted by record low polysilicon prices, due to overcapacity and weak demand caused by China’s ‘531 New Deal’ and lack of new support policies in China since June, 2018.
Wacker Chemie has reported a 27% decrease in revenue for its polysilicon division, due to a marked decline in demand from China and a fall in average selling prices (ASPS). Weak pricing is expected to continue in 2019, lowering profitability further.
Major polysilicon producer Wacker Chemie has reported its polysilicon division was heavily impacted by the slump in demand due to China’s ‘531 New Deal’ as a reason for the sharp decline in revenue and profitability which declined significantly in 2018.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has announced that its new Xinjiang polysilicon production plant’s annual nameplate capacity will be increased to 60,000MT, up from the revised plans mid-year to increase the capacity from 40,000MT to 50,000MT.
The Institute for Solar Energy Research Hamelin (ISFH) and the Leibniz Universität Hannover have produced lab cells using polysilicon on oxide – POLO – junctions, in an interdigitated pattern on the rear side and a specially treated p-type monocrystalline wafer to record a cell conversion efficiency of 26.1%.
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.
Major polysilicon producer Wacker said polysilicon shipment volumes fell substantially in the first quarter of 2017, while revenue declined around 10%. The China market had been relatively weak with only a slight rebound in demand at the end of the quarter.
Since Wacker Chemie opened its new 20,000MT polysilicon plant in Charleston, Tennessee in 2016, there was a good chance that the German-headquartered chemicals firm could overtake incumbent market leader, GCL-Poly.