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
Polysilicon Prices Rising Steadily in China, Will Continue in April too: Silicon China Updated On Mon, Apr 11th, 2022 by Saurenergy The prices of raw silicon materials are on an unabated rise in China, signifying that the solar power projects across the world will be impacted as the solar PV manufacturing is getting dearer. Industry body Silicon China has released the latest silicon materials’ transaction prices. Silicon China is a part of China Nonferrous Metal Industry […] Read more
Supply Chain Issues Likely To Linger All Through 2021 And Beyond For Manufacturers Updated On Mon, Sep 13th, 2021 by Saurenergy The news from inverter manufacturer SMA Solar Technology of a miss on its guidance for 2021 on the back of undersupply of electronic components has not surprised anyone. The news is especially worrying for an industry that has otherwise been remarkably resilient in the wake of disruptions ever since Covid hit in early 2020. SMA’s […] Read more
New Surge in Downstream Demand has Driven the Polysilicon Shortage to a Crisis Point – JinkoSolar Updated On Sat, Apr 24th, 2021 by Saurenergy In an official statement, the global vice president of Chinese solar manufacturer JinkoSolar, Dany Qian, said that polysilicon prices are not expected to drop for at least six months. The company’s general manager for South & Central Asia, Daniel Liu, stated that Jinko is not backing out from any of the signed deals with its […] Read more
