"Wacker's polysilicon business is expected to generate both volume and sales growth in 2015," the Germany-based chemicals company said.
"The company's assumption is that the photovoltaic market will continue on its growth trajectory."
Nevertheless, Wacker continues, overcapacity is still symptomatic of the entire supply chain. The company plans to continue reducing polysilicon production costs as a consequence.
As a cost-cutting measure, Wacker had already shifted part of its polysilicon expansion to the US, where electricity costs are lower than in its home-market Germany due to cheap prices for natural gas amid America's fracking boom.
Its
