The world’s largest solar wafer manufacture GCL Poly is looking to further expand its already giant capacity. The company reported great results seeing a very large increase in the sales of both solar wafers and polysilicon as the global solar demand increased by 30%. The company which has around 12 GW of solar wafer capacity [...]

GCL Poly Granted Credit Line In the wake of overcapacity and the Chinese Government’s decision to discontinue giving financial aid to 80% of its companies, another Chinese company was successful in bagging a whopping US$800 million (CNY 5 billion) from the China Development Bank. This decision came after GCL Poly (GCL) decided to get its [...]

Leading solar wafer companies like Renesola (SOL), GCL Poly Energy, SAS and others remain under pressure due to the below cost prices of solar wafers. The whole solar wafer industry saw a huge expansion during 2010 and 2011 along with the other parts of the supply chain. As solar wafer equipment prices came down, companies [...]

GCL Poly China based GCL Poly is the biggest solar wafer producer in the world. GCL Poly raised its wafer capacity almost 85% in 2011. The company’s strategy of setting up plants near its major customers landed it major deals and lower the cost in the supply chain. This Chinese company  became one the biggest producers [...]

Polysilicon Polysilicon Companies have seen an amazing amount of profits in the period between 2008-2011 end as prices of polysilicon shot up to $400/kg which resulted in profit margins of greater than 90% which is superlative for what is an essentially a commodity. Polysilicon capacity has almost grown by 10x in the last 5-6 years [...]

The last two years have been brutal for the solar panel industry, has a never ending oversupply & has led to thousands of bankruptcies around the world. In the midst of the carnage, top Chinese solar panel producers have kept on increasing capacity and production to take market share from others. This has led to [...]