Close Menu
  • Home
  • News
    • Solar
    • Wind Energy
    • Bioenergy
    • Geothermal
    • Grid
    • Hydrogen
    • Hydropower
    • Ocean Energy
    • Politics
  • Climate
  • Energy Storage
  • Finance
  • Opinions
  • Peoples
  • Smart Energy
  • Transportation
  • Study
  • —
  • Account
  • Log In
Facebook X (Twitter) Instagram
  • About Us
  • Advertising
  • Privacy Policy
  • Contact
Facebook X (Twitter) LinkedIn WhatsApp
Account Monday, October 13
Energymagz
SUBSCRIBE Login
  • Home
  • News
    • Solar
    • Wind Energy
    • Hydropower
    • Hydrogen
    • Geothermal
    • Bioenergy
    • Ocean Energy
  • Region
    • Europe
    • North America
    • Asia
    • Africa
    • Middle East
    • Australia & Oceania
    • Latin America
  • Politics
  • Finance
  • Energy Storage
  • Grid
  • Climate
  • Peoples
  • Study
Energymagz
  • Wind Energy
  • Solar
  • Bioenergy
  • Geothermal
  • Hydropower
  • Ocean Energy
  • Hydrogen
  • Transportation
  • Smart Energy
Home » Finance » GCL Technology Reports Significant Losses Amid Declining Polysilicon Prices
Finance

GCL Technology Reports Significant Losses Amid Declining Polysilicon Prices

By Alan MaOctober 29, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Credit: GCL Technology
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Chinese polysilicon producer GCL Technology has reported net losses of RMB 2.9 billion (approximately US$406 million) for the first nine months of 2024. The company attributed these losses to a significant decline in the average selling prices (ASP) of polysilicon and silicon wafer products compared to the same period in 2023. During this timeframe, GCL's

To continue reading this article, please subscribe:

Monthly Plan

Price: $30 / month

Features:

  • Full access to all renewable energy news and analysis
  • Exclusive expert interviews and industry reports
  • Daily newsletter with latest updates
  • Access to multimedia content (videos, podcasts)
  • Commenting and community engagement

Sign Up

Annual Plan

Price: $300 / year (Save 17%)

Features:

  • Everything in the Monthly Plan
  • 2 months free compared to monthly subscription
  • Priority access to special reports and webinars
  • Early access to newsletters and featured articles
  • Exclusive members-only content and events

Sign Up

Already a subscriber? Log in here:

 
 
Forgot Password
Daqo New Energy GCL Technology Polysilicon Solar Tongwei
Follow on Flipboard Follow on X (Twitter) Follow on LinkedIn
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleFuelCell Energy and KHNP Partner to Explore Hydrogen Initiatives
Next Article ICG Acquires 50% Stake in Revent Energy to Boost South Korean Wind Projects

Related Posts

GCL Technology Expects Significant Loss for Q1–Q3 2024 Amid Falling Polysilicon Prices

October 28, 2024 Finance

Enefit Green Secures €100m Loan from EBRD for Sopi-Tootsi Wind Farm

August 5, 2024 Finance

OX2 Reports Net Loss for Q2 and First Half of 2024, Maintains Full-Year Guidance

July 29, 2024 Finance

Nine out of Top 12 Solar PV Module Manufacturers Are Chinese, Reveals Wood Mackenzie Ranking

June 12, 2024 Solar

ACWA Power Secures Debt Financing from Bank of China for Uzbekistan Solar Project

April 16, 2024 Finance

Wacker Chemie’s Polysilicon Business Takes Hit, Reports 61% Decline in Earnings for 2023

January 30, 2024 Finance
Latest Post

Enviromena Launches 71MWp Medebridge Solar Farm in Essex

October 13, 2025

Orsted Commissions 16.8MW St Wendel Wind Farm in Germany

October 13, 2025

NextEnergy Capital Brings 60MW Solar Farm Online as UK Fund Surpasses 380MW

October 13, 2025

Greenpeace UK Threatens Legal Action Over Crown Estate Seabed Leasing Practices

October 13, 2025

Co-op Power Relaunches with Focus on Sustainable Energy Procurement

October 13, 2025
Facebook X (Twitter) LinkedIn WhatsApp

News

  • Wind Energy
  • Solar Energy
  • Hydropower
  • Hydrogen
  • Geothermal
  • Bioenergy
  • Ocean Energy

Region

  • Europe
  • North America
  • Asia
  • Africa
  • Middle East
  • Australia and Oceania
  • Latin America

Friends

  • EVMagz
  • Pivle
  • SpaceMagz
  • Teknowire
  • Smashresume
  • Smashfreakz

EnergyMagz

  • About Us
  • Advertising
  • Privacy Policy
  • Cookie Policy
  • Contact

Subscribe to Updates

Subscribe for the latest in renewable energy from Energymagz.

© 2025 EnergyMagz. Designed by EnergyMagz.

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?