Focus topics


China expands polysilicon production

China is investing billions in new factories for the production of polysilicon, the base material for solar panels. According to market analysts, polysilicon prices will remain high until the summer. By 2023, however, they could drop “to a historic low,” Bloomberg quotes one expert as saying. According to the report, the supply of solar modules will increase massively over the next few years, causing prices to fall. At the end of 2021, the price of polysilicon was still at a 10-year-high. After three Chinese manufacturers opened new factories with a total capacity of 160,000 tons per year – more than a quarter of the previous global capacity – prices already fell by 17 percent, according to Bloomberg.

Continue reading now

Get 30 days of free access to the Professional Briefing to read these and more quality news every day.

Are you already a guest at the China.Table? Log in now

Related

    Xi travels to Saudi Arabia
    Cyberattack on Amnesty International Canada
    Further relaxations in Beijing
    Production at Apple and Tesla remains impaired