Daqo's subsidiaries to supply high-purity polysilicon to a leading PV firm

Leading supplier of high-purity polysilicon Daqo New Energy announced that its subsidiaries Xinjiang Daqo and Inner Mongolia Daqo had signed a six-year high-purity polysilicon supply agreement with a leading PV manufacturing company in China.

High-Purity Polysilicon for Solar PV Manufacturing
Image: Daqo New Energy

Under the agreement, Xinjiang Daqo and Inner Mongolia Daqo will provide this company with 432,000 metric tons of high-purity mono-grade polysilicon from January 1, 2023 to December 31, 2028. Both parties will negotiate and confirm the actual prices monthly based on market conditions.

As per the company's prediction, the demand for high-purity polysilicon is expected to increase at a robust rate, as their downstream customers are expanding their capacities very fast and want secure supplies of raw materials.

We expect that high-efficiency solar modules based on N-type technology will increase the market share very rapidly starting from next year. N-type technology requires even higher purity of polysilicon than the current P-type mono technology. We have confidence to benefit from this trend and differentiate us from our competitors by providing high-purity polysilicon to address the fast growing demand for N-type products.

—commented Longgen Zhang, chief executive officer of Daqo New Energy.

Founded in 2007, Daqo New Energy has a total polysilicon nameplate capacity of 105,000 metric tons and is one of the world's lowest-cost producers of high-purity polysilicon.

=
2nd Annual AgriVoltaics EuropeNov 7 - Nov 9, 2023Amsterdam, Netherlands
Agrivoltaics is the clean energy solution that helps farms and agriculture to protect themselves from great weather conditions and other damaging factors. Innovative companies in this field design new solar…
More Details >
40th European Photovoltaic Solar Energy Conference and Exhibition (EU PVSEC 2023)Sep 18 - Sep 22, 2023Lisbon, Portugal
The EU PVSEC is a premier international conference and exhibition for photovoltaic research, technologies and applications. It brings together the global PV community to showcase the latest developments, foster networking…
More Details >

Leave a Reply

Your email address will not be published. Required fields are marked *

CLOSE
Pop-up Subscribe Header

Subscribe to get updates delivered to your inbox.

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram