October 13, 2026
In March, the Chief Sales Officer of one of America’s largest solar distributors told us things would pick up. In June, he said the coming months should help. In what follows, we detail what he’s…
October 7, 2026
China’s polysilicon cuts are talk until they show up in the meeting minutes. First Solar is at 10.9x trailing earnings and the sell-side cannot agree on why. Key Takeaways Nothing new in price, which is…
September 30, 2026
Polysilicon Futures Spot Contract Price (CNY$36,685/ton = $5.23/kg) – down -1.36% w/w Note: Adjusted for CNY exchange rate and 13% VAT.Source: Guangzhou Futures exchange. Solar Pricing Metrics – 9/30/2026 Note: EnergyTrend discontinued slurry saw price…
September 30, 2026
KEY TAKEAWAYS The California Solar Initiative (“CSI”) posted June, July and August in one update this week, so we get to grade our own homework three times over. In July we said June would decide…
September 23, 2026
Polysilicon Futures Spot Contract Price (CNY$37,090/ton = $5.30/kg) – up 0.69% w/w Note: Adjusted for CNY exchange rate and 13% VAT.Source: Guangzhou Futures exchange. Solar Pricing Metrics – 9/23/2026 Note: EnergyTrend discontinued slurry saw price…
September 16, 2026
Polysilicon Futures Spot Contract Price (CNY$36,835/ton = $5.27/kg) – down 2.07% w/w Note: Adjusted for CNY exchange rate and 13% VAT.Source: Guangzhou Futures exchange. Solar Pricing Metrics – 9/16/2026 Note: EnergyTrend discontinued slurry saw price…
September 15, 2026
A Democratic sweep in November gets residential solar a bill, not a law. Meanwhile the IRS has found the industry’s soft spot. What our latest Washington check means for RUN, ENPH and SEDG. Bottom Line…
September 9, 2026
Polysilicon Futures Spot Contract Price (CNY$37,615/ton = $5.38/kg) – up 1.90% w/w Note: Adjusted for CNY exchange rate and 13% VAT.Source: Guangzhou Futures exchange. Solar Pricing Metrics – 9/9/2026 Note: EnergyTrend discontinued slurry saw price…
September 2, 2026
Polysilicon Futures Spot Contract Price (CNY$36,900/ton = $5.26/kg) – down 2.0% w/w Note: Adjusted for CNY exchange rate and 13% VAT.Source: Guangzhou Futures exchange. Solar Pricing Metrics – 9/2/2026 Note: EnergyTrend discontinued slurry saw price…
September 1, 2026
Twelve deals are through their loss triggers; mark the 90+ pipeline at zero recovery and it is twenty-four. None of them are Sunrun’s, which is the point — this file sets the price of residential…
August 26, 2026
Polysilicon Futures Spot Contract Price (CNY$37,645/ton = $5.37/kg) – down 0.4% w/w Note: Adjusted for CNY exchange rate and 13% VAT.Source: Guangzhou Futures exchange. Solar Pricing Metrics – 8/26/2026 Note: EnergyTrend discontinued slurry saw price…
August 19, 2026
Polysilicon Futures Spot Contract Price (CNY$37,815/ton = $5.39/kg) – down 0.5% w/w Note: Adjusted for CNY exchange rate and 13% VAT.Source: Guangzhou Futures exchange. Solar Pricing Metrics – 8/19/2026 Note: EnergyTrend discontinued slurry saw price…
August 17, 2026
A pledge is not a mandate, a meeting is not a floor, and half a million tons of inventory does not read press releases. Reiterate SELL on JKS, CSIQ, and DQ. BOTTOM LINE Last week’s…
August 13, 2026
Polysilicon Futures Spot Contract Price (CNY$38,010/ton = $5.41/kg) – up 7.1% w/w Note: Adjusted for CNY exchange rate and 13% VAT. Source: Guangzhou Futures exchange. Solar Pricing Metrics – 8/12/2026 Note: EnergyTrend discontinued slurry saw…
August 5, 2026
Polysilicon Futures Spot Contract Price (CNY$35,480/ton = $5.05/kg) – up 8.6% w/w Note: Adjusted for CNY exchange rate and 13% VAT.Source: Guangzhou Futures exchange. Solar Pricing Metrics – 8/5/2026 Note: EnergyTrend discontinued slurry saw price…