China’s March Towards 3000 GW Renewables By 2030, 2025 Solar Price Trends Updated On Mon, Feb 3rd, 2025 by Saurenergy In news from China, the National Energy Administration (NEA) of the country has confirmed that in 2024, China added 373 GW of renewable capacity. This is a 23 percent year on year rise. Those additions, which accounted for 86% of all power capacity added, also took the share of renewables in total capacity to 56 […] Read more
Trump Entry, Chinese New Year To Mark A Turning Point On Solar Prices? Updated On Tue, Jan 21st, 2025 by Saurenergy As the Chinese New Year holidays start on Jan 29, like always, the country is already preparing for the massive national holiday, which will run into the first week of February. For the Chinese solar sector, and by extension, a large part of the global solar sector, it is the post-holiday changes that will be […] Read more
China’s Polysilicon Leaders Announce Production Cuts To Arrest Low Prices Updated On Thu, Dec 26th, 2024 by Saurenergy Tongwei Group and Daqo New Energy, two of the world’s largest, and China’s largest producers of solar grade polysilicon materials, have announced a cutback on production of high-purity polysilicon amid falling prices and financial losses. The firms ended H1 of 2024 with significant losses from their operations, and in likelihood, H2 has been no better. […] Read more
Polysilicon Market Bleeds Top 4 Chinese Manufacturers With Losses In H1 Updated On Wed, Sep 4th, 2024 by Saurenergy German polysilicon market specialist Bernreuter Research reports that the top 4 Chinese polysilicon manufacturers all slipped into losses in the first half of 2024. Consequently, at least three of the top 4 have cut down on capacity utilisation in the second half of the year, even as Tongwei continues to maintain output. In the first […] Read more
Polysilicon Industry Set to Push Out New Entrants In 2024, Predicts Bernreuter Updated On Wed, Nov 29th, 2023 by Saurenergy Germany research firm Bernreuter Research predicts an imminent, and third shakeout in the global polysilicon industry in 2024. This would be caused by sustained, low polysilicon prices that will only go lower, before any sort of recovery post 2024. The trigger will be Chinese polysilicon market leader Tongwei that will usher in a phase of […] Read more
Polysilicon Prices Continue Slide, Developers Hopeful Of Lower Solar Module Prices Updated On Wed, Jun 21st, 2023 by Saurenergy For all the record capacity additions and installations in solar power, polysilicon prices have continued their downward move, halfway into 2023. Rising polysilicon prices, Prices that had peaked at CNY (Chinese Yuan) 360,000/mt ($39/kg) have dropped to as low as 80,000 CNY/Mt (around $9.5 /kg), helping push down solar panel costs for manufacturers. Even as […] Read more
Turmoil Ahead In Solar, As Key Suppliers Continue To Raise Solar Input Prices Updated On Thu, Jul 28th, 2022 by Saurenergy Consider this. The price of Polysilicon, the earliest processed input in the solar supply chain, averaged CNY (Chinese Yuan) 76/kg in 2020. In 2021, thanks to a series of incidents at key manufacturing plants and rising demand, prices averaged CNY 117/kg. However, prices as of July 24 have climbed to well over CNY 260/kg, after […] Read more
Rising Polysilicon Prices cast A Shadow On PV Cost Trends For Rest Of 2022 Updated On Wed, Jun 8th, 2022 by Saurenergy Polysilicon prices have been steadily rising since the beginning of January 2022. Even after steady growth in the first half of 2022, prices were predicted to rise more in June, according to a report. The report by Onfolink-Group says that when looking at the statistics for the last five weeks, there is still a steady […] Read more
Jinko Solar Q1 Results Report 8.4 GW of Shipments, Up 56% YoY Updated On Mon, May 2nd, 2022 by Saurenergy Module major Jinko Solar has announced its Q1 results, and as expected, the results are a major jump over the corresponding period last year. Total revenues were RMB 14.76 billion ($2.24 billion), a growth of 86% year-on-year (YoY). Gross profit came in at RMB 2.23 billion ($338.6 million), a 64% YoY increase even as it […] Read more
