Tag: polysilicon

Solar Module Pricing To Ease With Rising Global Polysilicon Production Capacity

Solar Module Pricing To Ease With Rising Global Polysilicon Production Capacity

June 15, 2022 |

Strong solar module demand will continue to prop up component prices and place upward pressure on solar capital costs through the near term. Upstream polysilicon production will fail to meet strong demand over the near term, pushing up the price of modules and inflating solar CapEx over 2022. However, new production capacity additions across the solar module value chain will boost supply in the market, stabilising prices before returning CapEx to a downward trend in 2023.

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China solar unit defaults on $500 million bond amid 700% rally

China solar unit defaults on $500 million bond amid 700% rally

February 2, 2021 |

A unit of GCL-Poly Energy Holdings Ltd. defaulted on a $500 million bond after ending an exchange offer with existing bondholders. GCL New Energy Holdings Ltd. announced the default in an exchange filing. The firm, which operates solar power plants, is majority owned by GCL-Poly, one of the world’s leading makers of solar-grade polysilicon, and whose shares have soared 700 per cent since China announced plans to be carbon neutral by 2060.

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