Daqo New Energy missed Q1 estimates, with lower EPS and sales. The company expects Q2 2024 total polysilicon production volume to be approximately 60,000 MT to 63,000 MT, similar to that of Q1 2024 as the company maintains full production.
The industry’s battle with overcapacity may be drawing to a close after years of bruising price wars and rapid capacity build-up plunged half the players into the red and forced many out of business, analysts say.
For the solar industry, perovskites, which are easily synthesized and manipulated materials, are key to solar stocks rising. And scientists have figured out how to use perovskites to mimic the semiconducting properties of silicon.