‘Mono will supply 80% of the world’s solar by 2021’
Polysilicon manufacturer Daqo has announced the start of pilot production in Xinjiang and expects to ramp up to full output by the end of the year, doubling the company’s annual capacity to 70,000 MT. Some 90% of its poly will be mono by that stage and Daqo expects 40% to be suitable for n-type products next year.
Daqo signs 112,800 MT polysilicon supply deal with Longi
Daqo New Energy has agreed to supply 112,800 MT of polysilicon to Longi Green Energy Technology. The two parties did not disclose the financial terms of the three-year deal.
Daqo raises margin by doubling down relentlessly on costs
The Chinese polysilicon producer appears to be navigating a steady path to much bigger output without loading too much debt onto its shoulders – no wonder it feels able to cock a snook at its rivals.
Daqo relentlessly increases polysilicon output
Chinese polysilicon maker Daqo New Energy today announced it has raised its production capacity to 30,000 MT, with a further 5,000 to follow within six months, and 35,000 on top of that by the end of March 2020.
China’s PV policy change led to Daqo’s wafer exit
The 31/5 PV policy change in China led to Daqo New Energy Corp.’s exit from the wafer manufacturing business. Around 450 employees are set to be made redundant.
Daqo gets government approval and cheaper power for poly production expansion
The Chinese giant wants to increase polysilicon production by 70,000 MT in two phases after construction work began at the start of this month
Longi plans 228 MW PV project, signs $787 million polysilicon supply agreement
Longi Green Energy Technology Co., Ltd has announced plans to build a 228 MW solar PV project in China. The Chinese vertically integrated solar PV manufacturer has also signed a 39,600 metric ton (MT) high purity polysilicon agreement with Daqo New Energy Corp.
Daqo sees turnover and profits increase significantly in Q4 and full fiscal 2017
The Chinese polysilicon provider reports overall increasing sales and production, as well a considerable increase in polysilicon ASPs for the second half of last year.
Daqo polysilicon order book reaches 90.2% on Chinese demand
The Chinese polysilicon supplier reveals that its order book is 90.2% filled as of the end of January, in response to surging demand among Chinese solar firms.
Daqo posts $24.1 million net profit in Q3
Daqo New Energy recorded a net profit of $24.1 million in the third quarter of 2017, as the polysilicon and solar wafer producer’s revenue rose nearly 18% from the preceding three-month period to $89.4 million.
