BRIEF: Daqo remains in the red as first-quarter revenue falls sharply
Polysilicon producer Daqo New Energy Corp. (DQ.US; 688303.SH) announced on Tuesday its revenue plunged 70.2% year-on-year to $123.9 million in the first quarter. It reported a loss of $71.8 million…
New solar policy support, and a stock market cleanup
It’s too soon to think that the bottom for the solar sector is there. But if you're a long-term investor and you're patient, you may have to wait a year or so before you start getting some meaningful appreciation in the stock price.
Operating at just half capacity, Daqo looks to Beijing for policy support
The polysilicon maker said plunging prices have begun to stabilize recently and could even rise over the next two months if Beijing announces new policy support Key Takeaways: Daqo’s revenue…
INDUSTRY BRIEF: Daqo, Tongwei promise to scale back polysilicon production
Two of China’s leading producers of polysilicon, a key material used to make solar panels, have promised to scale back their production to ease an industry glut. Daqo New Energy…
GCL Technology plunges into the red, eyes Middle East production
The polysilicon maker said it lost nearly 3 billion yuan in the first three quarters of the year, but hopes to rebound as it starts to put more of its…
Daqo toes the line as Beijing tries to cool down solar oversupply
The polysilicon maker said it is currently using just half its capacity, a level that appears to be set by the central government as it tries to stabilize the market…
Drinda New Energy powers up IPO for overseas expansion
The leading Chinese maker of photovoltaic cells has applied for a Hong Kong listing, hoping a broad market rally will galvanize its IPO prospects Key Takeaways: Drinda fell into the…