daqo

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Daqo Q2 2024 Revenue Falls 65% YoY Amid Plummeting Polysilicon Prices

China-based polysilicon manufacturer Daqo New Energy Corporation reported a significant decline in both revenue and net income for the second quarter (Q2) of 2024 due to...

August 29, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: Cabinet Approves New Rooftop Solar Subsidy Program

The Union Cabinet has approved the Pradhan Mantri-Surya Ghar: Muft Bijli Yojana, aimed at installing rooftop solar systems on 10 million households, with a total outlay...

March 1, 2024

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Mercom Staff

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Daily Wrap-up
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Daqo’s Q3 Net Income Plummets 92.5% YoY as Polysilicon Prices Continue to Drop

China-based photovoltaic (PV)-grade polysilicon manufacturer Daqo New Energy Corporation has recorded a net income of $44 million in the third quarter (Q3) of the...

November 6, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Daqo New Energy’s Q2 Net Income Plunges 83.5% YoY as Polysilicon Prices Drop

China-based photovoltaic (PV)-grade polysilicon manufacturer Daqo New Energy Corporation, in the second quarter (Q2) of the financial year (FY) 2023, reported a net...

August 4, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Polysilicon Maker Daqo’s Q1 Net Income Slides 48% on Lower Demand

China-based photovoltaic (PV)-grade polysilicon manufacturer Daqo New Energy Corporation reported a net income of $278.8 million in the first quarter (Q1) of the...

May 2, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Daqo’s Q4 Net Income Surges to $373 Million on Higher Polysilicon Sales

China-based manufacturer of photovoltaic (PV)-grade polysilicon Daqo New Energy Corporation posted a year-over-year (YoY) spike of 164% in its net income at $372.9...

March 1, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Funding and M&A Roundup: Greenvolt Raises €150 Million in IPO for Renewables Expansion

From: Mercom Capital Group Greenvolt, a Portugal-based renewable energy firm, raised €150 million (~$177 million) in an initial public offering (IPO) to fund its...

July 19, 2021

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Staff

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Other

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Renewable Energy
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Explosion at Hoshine Silicon’s Polysilicon Plant in China Threatens Supply

A massive explosion was reported at a polysilicon factory in the city of Shihezi in China’s Xinjiang region. The plant produces raw materials for polysilicon used in the...

June 11, 2021

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Rahul Nair

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Manufacturing

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Solar
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China’s Solar Polysilicon Manufacturer Daqo Reports 150% Rise in Gross Profit in Q3 2020

China-based Daqo New Energy Corporation announced that its gross profit stood at $45.3 million in the third quarter or 2020 (Q3 2020), up over 150% from $18.1 million in...

November 26, 2020

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Nithin Thomas

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Finance and M&A

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Solar
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Daqo New Energy to Invest $576 Million in Polysilicon Manufacturing Facilities Through IPO

Chinese solar photovoltaic (PV) grade polysilicon manufacturer Daqo New Energy Corporation has revealed plans to raise $732 million (~₹53.7 billion) for new polysilicon...

September 16, 2020

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Nithin Thomas

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Finance and M&A

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Solar

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