Eight major Chinese polysilicon producers commit to ending loss-making sales
Type: Partnership · Technology: Solar · Country: China · Announced: 2026-08-06
Eight of China's largest polysilicon producers have signed an industry initiative in Shanghai, committing to cease selling photovoltaic products below their total cost. This agreement, signed on August 6, 2026, by companies representing over 90% of China's polysilicon production capacity, aims to curb destructive price competition across the solar supply chain. The initiative mandates that selling prices, including bids in tenders, must not fall below costs calculated according to new accounting rules developed by the CPIA under guidance from SAMR and MIIT. Participants are also urged to report any potential below-cost sales to the CPIA and market regulators. This move follows intensified regulatory pressure, including a meeting on July 31, 2026, where major photovoltaic manufacturers were instructed to strengthen cost accounting and conduct internal compliance reviews, shifting the sector's focus from low prices to quality and technology.
Counterparties
- Xinte Energy (Partner)
- GCL Technology (Partner)
- Ministry of Industry and Information Technology (MIIT) (Regulatory Body)
- Qinghai Lihao Clean Energy (Partner)
- Xinjiang East Hope New Energy (Partner)
- Xinjiang Goens Energy Technology (Partner)
- Asia Silicon (Partner)
- Daqo New Energy (Partner)
- Tongwei (Partner)
- China Photovoltaic Industry Association (CPIA) (Regulatory Body)
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