Imports from South Korea and the U.S. dwindled, year-on-year, ensuring Germany’s Wacker and the Malysian unit of Korean company OCI will supply the bulk of the world’s non-Chinese solar polysilicon this year.
Due to forced labor concerns, a ban on imports from Xinjiang to the United States appears likely. This could be another blow for polysilicon producers hit by industrial accidents and the threat of floods in the third quarter of 2020. Chinese polysilicon prices have surged more than 50% in a matter of a months. Consequently, wafer prices have skyrocketed, bringing increasing costs to the solar cell and PV module segments. In the face of price hikes, some projects are now postponed until the first half of 2021.
Polysilicon manufacturer Daqo has announced the start of pilot production in Xinjiang and expects to ramp up to full output by the end of the year, doubling the company’s annual capacity to 70,000 MT. Some 90% of its poly will be mono by that stage and Daqo expects 40% to be suitable for n-type products next year.
Chinese polysilicon producer GCL-Poly Energy Holdings yesterday announced plans to increase the production capacity of its new factory, currently under construction in Xinjiang, China, to 60,000 metric tonnes (MT) per year. Accordingly, the company expects total investment in the project to increase to around $862 million.
Daqo New Energy has secured approval from its board of directors to proceed with its so-called “Phase 3B expansion plan” for its polysilicon plants in Western China’s Xinjiang region.
Kong Sun Holdings has revealed that its solar projects throughout China generated roughly 1162.2 GWh in the nine months to the end of September 2017, up 82.57% year on year, as it expanded its operational PV portfolio by more than 500 MW.
GCL-Poly Energy has signed a framework agreement with semiconductor manufacturer Tianjin Zhonghuan, under which the two sides will collaborate of the production of polysilicon and wafers, in addition to downstream PV project development.
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