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In Depth

Why Solis Inverters became the Preferred Choice of Airports PV Power Station at Home and Abroad.

23 August 2019
Why Solis Inverters became the Preferred Choice of Airports PV Power Station at Home and Abroad.

Efficient and convenient air traffic is one of the prerequisites for the development of modern society and economy, especially for the development of high-tech industry.

Solis inverter debuted on the news feature of “Good crops on photovoltaic power stations” by CCTV in its "Half-Hour Economy

23 August 2019
Solis inverter debuted on the news feature of “Good crops on photovoltaic power stations” by CCTV in its "Half-Hour Economy

China CCTV economical channel's "Half-Hour Economy" broadcast a news feature on “Good crops on photovoltaic power stations

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UPCOMING EVENTS

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SolarQuarter Tweets

SolarRoofs Karnataka 2019 is almost here! Buy your ticket today https://t.co/CVIqStbToI See you on Oct 04, 2019!… https://t.co/Oe18YhHYwj
About 9 hours ago
Announcing Award Categories For 2019 At India's Biggest Smart Electric Mobility Event - https://t.co/tMEkj3W1FP
Thursday, 22 August 2019 09:02
Sri Lanka Solar Week 2019 is almost here! Buy your ticket today https://t.co/HSLG4PzL8E See you on Aug 29, 2019!
Thursday, 22 August 2019 04:30

Daqo New Energy to Stop Wafer Manufacturing, Focus on Polysilicon Manufacturing Business

Daqo New Energy Corp., a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it plans to discontinue its solar wafer manufacturing operations in September 2018 so that the Company can focus on its core polysilicon manufacturing business. Daqo New Energy Corp. , a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it plans to discontinue its solar wafer manufacturing operations in September 2018 so that the Company can focus on its core polysilicon manufacturing business. 


The Company expects to incur approximately US$21.6 million in fixed-asset impairment and restructuring charges during the third quarter of 2018, including approximately US$1.6 million in employee severance payments and approximately US$20.0 million in impairment of long-lived assets.


Mr. Longgen Zhang, CEO of Daqo New Energy, commented, "We made a strategic decision to discontinue our solar wafer manufacturing operations to accommodate the increasingly challenging market conditions for multi-crystalline wafers. We expect to complete the shutdown of the solar wafer business in the third quarter of 2018. This move will allow us to focus all of our resources and expertise on our core polysilicon manufacturing business and Phase 3B expansion project which will begin pilot production in the fourth quarter of 2018."

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