On May 13, 2025, the company Jiangsu Daqo New Energy (002506.SZ) announced that it achieved a revenue of 2.43 billion yuan from its polysilicon sales for the month. According to Wind, this marks the first time the company has reported such revenue since December 5, 2024. Between October and December 2024, Jiangsu Daqo also reported substantial polysilicon sales during a strong industry period.
In November 2024, it was confirmed that Jiangsu Daqo’s polysilicon output would reach 48.42 billion yuan for that year, driven by increased demand and higher prices. The polysilicon market has seen significant growth over the past year, as confirmed by data from Wind.
Following a recent surge in demand, Jiangsu Daqo is now positioned to capitalize on the increasing global interest in polysilicon. As of May 2025, the company is expected to continue its upward trend in revenue generation, with projections showing a potential revenue increase of 500% compared to 2022.
Despite the positive growth trajectory, challenges remain as the industry faces fluctuations in pricing and supply chain constraints. Jiangsu Daqo aims to navigate these challenges by enhancing operational efficiency and expanding its production capabilities.
In 2022, Jiangsu Daqo had plans to increase its polysilicon capacity to meet the growing market demands, particularly in response to the increasing adoption of solar energy technologies. The company has set ambitious targets for growth and aims to solidify its leadership position in the global polysilicon market.
As the renewable energy sector continues to evolve, Jiangsu Daqo’s strategic initiatives are expected to play a crucial role in the company’s future success. The firm is committed to innovation and sustainability as it seeks to meet the demands of a rapidly changing energy landscape.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/may-receives-significant-capital-inflow-as-investors-anticipate-spring-recovery/
