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Daqo New Energy’s Q3 2026 Revenue Down 21% Amid Weak Demand, High Inventory

Source: Mercom India

CEII brief

Mercom India reported on 29 Oct 2026: Daqo New Energy’s Q3 2026 Revenue Down 21% Amid Weak Demand, High Inventory.

China-based photovoltaic-grade polysilicon manufacturer Daqo New Energy reported revenue of $194.15 million in the third quarter (Q3) of 2026, down 20.6% year-over-year (YoY) from $244.601 million.

— Mercom India
Read the full story on Mercom India

Context from CEII

Exchange rates and the cost of capital shape every energy project, especially in emerging markets where equipment is priced in dollars.

₦1,346.24 per US dollar, reference rate today

Countries in this story

Original reporting © Mercom India. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.

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