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 […]
The US imposition of duties on Solar panel imports from China has raised the hackles of the Chinese Government which considers the solar industry to be strategic to its future growth. While it will not affect the Chinese exports in a big way considering the easy workarounds, it has the potential of making the Chinese […]
Solar Stocks have made their investors suicidal with drops of of 80-90% from the top common even amongst the biggest solar companies. A number of solar companies like Q-Cells, Solar Millenium, Solon which used to be amongst the 10 biggest ones have gone bankrupt. In fact most of the German solar companies have either gone […]
Polysilicon capacity has almost grown by 10x in the last 5-6 years as massive demand growth from solar panels made suppliers add capacity without thinking about future sustainability. OCI and GCL Poly which had no polysilicon capacity till 4-5 years ago added almost a hundred thousands tons of polysilicon capacity to become the top 2 […]