Hoku Scientific (HOKU) announced the signing of a definitive contract for sale and delivery of polysilicon to Suntech Power (STP) over a ten-year period beginning in mid-2009. As I write this the HOKU is up 63% in pre-market. It was up around 75% in after-hours yesterday. The contract also provides for an initial deposit of $2 million [...]
MEMC Electronics (NYSE: WFR) and Sunpower Corp. (Nasdaq: SPWR) reported earnings last week and we got some more insight into the Polysilicon supply last week:
Credit Suisse analyst Satya Kumar, “We see so much new poly coming online that it is now becoming a question of when, not if poly will go into oversupply; and our [...]
An article at Notable Calls tells us that according to Think Equity’s David Edwards, who visited with several public and private Chinese solar module manufacturers, silicon shortage is waning and that availability is increasing.
Several producers have reported greater than 10% declines in feedstock prices – both at the wafer and silicon level – in the [...]
How long will the polysilicon shortage last? This question has been on my mind for a while now and so far I still haven’t found a clear answer. I have read forecasts that say the shortage will last until 2008 but then I have also read that shortage will last well until 2010 [...]
