News on funding

News on suppliers, market trends and technology innovations in polysilicon and wafer production is selected, assessed and written for you by Bernreuter Research.

Technology Park of ASPI Group at the Port of Moses Lake, Washington, USA, where Violet Power is planning to build a solar panel factory

Break-up with REC points to deeper problems at Violet Power

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The decision of U.S.-based polysilicon manufacturer REC Silicon to terminate the partnership with Violet Power confirms doubts about the viability of the plans announced by the solar panel start-up.

Daqo New Energy’s polysilicon plant in Shihezi, Xinjiang Uygur Autonomous Region, China

Daqo subsidiary prepares for listing on Shanghai Stock Exchange

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Daqo New Energy (NYSE: DQ) is planning to float its China-based polysilicon subsidiary on the Science and Technology Innovation Board of the Shanghai Stock Exchange “within the next two years.”

Jiangsu Zhongneng’s polysilicon plant in Xuzhou, Jiangsu

GCL to close polysilicon plant in Jiangsu for new base in Sichuan

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Leading China-based polysilicon manufacturer GCL-Poly wants to replace its existing plant in Jiangsu province by a new 60,000-ton base in Leshan in the western province of Sichuan.

REC Silicon’s fluidized bed reactor polysilicon plant in Moses Lake, Washington at dusk

REC Silicon raises $20 million to bridge time until U.S.-China deal

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U.S.-based polysilicon manufacturer REC Silicon has raised $20 million through a private placement to contain liquidity until the U.S. strike a deal in the trade talks with China.