PV demand contributes to more than 80% of the polysilicon demand, and is the key driver of the growth in polysilicon demand

Out of some 400 enterprises in China in 2011/2012, we identified around 160 with significant levels of capacity remaining active

China is now expected to reach 40GW of installations by 2015. There is a certain amount of expectation that small companies will be marginalized and financial support will be given to an elite group.

The company’s revenues have witnessed a 24% year-on-year and 36% sequential drop to $263M