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Top polysilicon producers post losses in H1 2024 after price crunch

2024-09-05

Top polysilicon producers post losses in H1 2024 after price crunch

Both Daqo New Energy and GCL posted dramatic slumps in income in Q2, particularly. Image: Daqo New Energy.

The world’s four largest polysilicon producers all recorded net losses in the first half of 2024 because of the ongoing crash in Chinese polysilicon prices.

According to reporting from polysilicon market analyst Bernreuter Research, Tongwei Solar, GCL Technology, Daqo New Energy, and Xinte Energy all posted net losses in H1 2024.

 

(The above content is reproduced from pv-tech,By  Will Norman)

 

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