NEWS WRAP: GCL Tech profit plummets on falling polysilicon prices
The maker of a key ingredient for solar panel production said its revenue fell 6.2% last year, as it recorded a 3 billion yuan loss in the second half of…
Now all grown up, should Daqo consider privatizing?
The polysilicon maker has more than enough cash to purchase all of its outstanding shares, as its stock remains stubbornly undervalued by investors Key Takeaways: Daqo’s output rose 80% in…
Daqo gets scorched by tumbling polysilicon prices
The maker of the key ingredient used in solar panel production announced the departure of its top two officials as it reported its revenue fell 50% in the second quarter…
Daqo’s profit plunges as growing polysilicon glut casts cloud over sector
The maker of the main ingredient used in solar panel production said its inventory rose sharply in the first quarter as its average selling price fell 25% from a fourth-quarter…
GCL Tech Stares at Dark Year Ahead After Bumper Profits in 2022
The leading maker of polysilicon said its profit tripled in the second half of last year, but analysts expect the figure to contract this year on falling pricesKey Takeaways:GCL Technology…
Daqo Unveils $1.2 Billion Price Tag for Second Phase of Expansion
Polysilicon maker revealed the final phase of its massive expansion will add 100,000 MT of capacity and should start producing by the end of next yearKey Takeaways:Daqo New Energy said…
ReneSola Grows on Shift to Solar Power Production
The company’s third-quarter revenue rose 86%, fueled by a doubling in revenue from its newer business operating solar power plantsKey Takeaways:ReneSola’s revenue rose 86% in the third quarter, as the…
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