{"id":39960,"date":"2020-05-21T07:50:35","date_gmt":"2020-05-20T21:20:35","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=39960"},"modified":"2020-05-21T07:50:35","modified_gmt":"2020-05-20T21:20:35","slug":"daqo-polysilicon-report-mb1533","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/daqo-polysilicon-report-mb1533\/","title":{"rendered":"Daqo Powers Ahead With Polysilicon Production"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignnone size-full wp-image-39961\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/daqo-polysilicon.jpg\" alt=\"Daqo New Energy polysilicon\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/daqo-polysilicon.jpg 1200w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/daqo-polysilicon-300x158.jpg 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/daqo-polysilicon-1024x538.jpg 1024w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/daqo-polysilicon-768x403.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Daqo New Energy has claimed another successful quarter for its polysilicon activities, with production volume up around 22% and sales volume up nearly 44% on Q4 2019.<!--more--><\/p>\n<p>Daqo New Energy is a major producer of polysilicon (aka multicrystalline silicon or poly-Si) , which is a high purity polycrystalline form of silicon used in the manufacturing of solar cells. While the word is comprised of &#8220;poly&#8221;, it is also used to produce <a href=\"https:\/\/www.solarquotes.com.au\/panels\/photovoltaic\/monocrystalline\/\">monocrystalline solar cells<\/a>.<\/p>\n<p>Daqo New Energy has been in the polysilicon game since 2007, and its manufacturing facility in Xinjiang, China currently has a nameplate annual production capacity of 70,000 tonnes. At one point, the company also manufactured <a href=\"https:\/\/www.solarquotes.com.au\/panels\/daqo-review.html\">Daqo solar panels<\/a>.<\/p>\n<p>Among the big module manufacturers using <a href=\"https:\/\/www.solarquotes.com.au\/blog\/daqo-longi-polysilicon-mb1168\/\">Daqo&#8217;s polysilicon are Longi<\/a> and <a href=\"https:\/\/www.solarquotes.com.au\/panels\/jinko-solar-review.html\">JinkoSolar<\/a>.<\/p>\n<p>Daqo New Energy has just released its unaudited financial results for the first quarter of 2020. Among the highlights:<\/p>\n<ul>\n<li>Polysilicon production volume was 19,777 tonnes in Q1 2020, compared to 16,204 tonnes in Q4 2019.<\/li>\n<li>Polysilicon sales volume was 19,101 tonnes in Q1 2020, compared to 13,291 tonnes in Q4 2019.<\/li>\n<li>Polysilicon average total production cost was $5.86\/kg in Q1 2020, compared to $6.38\/kg in Q4 2019.<\/li>\n<li>Polysilicon average selling price (ASP) was $8.79\/kg in Q1 2020, compared to $8.77\/kg in Q4 2019.<\/li>\n<\/ul>\n<p>COVID-19 appeared to have very little impact on the company in Q1, with Daqo New Energy CEO Longgen Zhang noting it was operating at full capacity during the quarter. As for the current quarter, Mr. Zhang states:<\/p>\n<blockquote><p>&#8220;We expect to see some rush orders from solar PV developers in China for legacy projects delayed from last year in order to meet the grid connection deadline set for the end of June. However, a recovery of demand from markets outside of China is critical going forward as overseas markets currently account for approximately 75% of total global solar end market demand.&#8221;<\/p><\/blockquote>\n<p>Daqo New Energy expects to produce 15,500 to 16,500 tonnes of polysilicon during the second quarter given the company is currently conducting scheduled annual maintenance at its Xinjiang facilities.<\/p>\n<p>The full report <a href=\"http:\/\/ir.xjdqsolar.com\/index.php?s=\/Index\/newsdetail\/id\/303\">can be viewed here<\/a>.<\/p>\n<h2>How Much Silicon Is In A Solar Panel?<\/h2>\n<p>Back in January I attempted to figure out <a href=\"https:\/\/www.solarquotes.com.au\/blog\/thinner-solar-cells-mb1384\/\">how much silicon is used in a solar panel<\/a> (conventional 60 cell module), and calculated it at around 660 grams. In a comment on that post, SQ&#8217;s Ronald put it at 544 grams, but noted wastage and breakage can double the silicon required.<\/p>\n<p>So, based on Daqo New Energy&#8217;s annual production capacity of 70,000 tonnes, it would be enough polysilicon to produce:<\/p>\n<ul>\n<li>106,060,606 solar panels (my calculation).<\/li>\n<li>128,676,470 solar panels (based on Ronald&#8217;s calculation).<\/li>\n<li>64,338,235 solar panels (Ronald&#8217;s calculation including wastage and breakage).<\/li>\n<\/ul>\n<p>.. each year. Take your pick (and Ronald&#8217;s figures are likely the better choice), but in any case it&#8217;s a lot of <a href=\"https:\/\/www.solarquotes.com.au\/panels\/\">solar panels<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Daqo New Energy has claimed another successful quarter for its polysilicon activities, with production volume up around 22% and sales volume up nearly 44% on Q4 2019.<\/p>\n","protected":false},"author":17,"featured_media":39961,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-39960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Daqo Powers Ahead With Polysilicon Production - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"Daqo New Energy has claimed another successful quarter for its polysilicon activities, with production volume up around 22% on Q4 2019.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/daqo-polysilicon-report-mb1533\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daqo Powers Ahead With Polysilicon Production\" \/>\n<meta property=\"og:description\" content=\"Daqo New Energy has claimed another successful quarter for its polysilicon activities, with production volume up around 22% on Q4 2019.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/daqo-polysilicon-report-mb1533\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-20T21:20:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/daqo-polysilicon.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/daqo-polysilicon-report-mb1533\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/daqo-polysilicon-report-mb1533\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Daqo Powers Ahead With Polysilicon Production\",\"datePublished\":\"2020-05-20T21:20:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/daqo-polysilicon-report-mb1533\/\"},\"wordCount\":449,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/daqo-polysilicon-report-mb1533\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/daqo-polysilicon.jpg\",\"articleSection\":[\"General Solar &amp; 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He's been reporting on Australian and international solar energy news ever since.","url":"https:\/\/www.solarquotes.com.au\/blog\/author\/michael\/"}]}},"jetpack_featured_media_url":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/daqo-polysilicon.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2FF2s-aow","jetpack-related-posts":[{"id":45353,"url":"https:\/\/www.solarquotes.com.au\/blog\/daqo-trina-solar-mb1785\/","url_meta":{"origin":39960,"position":0},"title":"Daqo Inks Polysilicon Supply Deal With Trina Solar","author":"Michael Bloch","date":"December 3, 2020","format":false,"excerpt":"China's Daqo New Energy has entered into another huge polysilicon supply agreement with a major solar panel manufacturer. Daqo New Energy is a major player in the polysilicon game, with a stated nameplate annual polysilicon production capacity of 70,000 tonnes (higher now - see below). At 1 kilogram of polysilicon\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Daqo polysilicon and Trina Solar","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/daqo-polysilicon-trina.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/daqo-polysilicon-trina.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/daqo-polysilicon-trina.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/daqo-polysilicon-trina.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/12\/daqo-polysilicon-trina.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":20513,"url":"https:\/\/www.solarquotes.com.au\/blog\/longi-daqo-polysilicon-mb0530\/","url_meta":{"origin":39960,"position":1},"title":"Daqo Inks Major Solar Polysilicon Supply Deal With Longi","author":"Michael Bloch","date":"April 3, 2018","format":false,"excerpt":"China's Daqo New Energy Corp. has announced the signing of an agreement with Longi Green Energy Technology Co., Ltd that will see Daqo supplying\u00a0 39,600 tonnes of ultra-high-quality, monocrystalline-grade polysilicon to the company. Polysilicon is a high purity, polycrystalline form of silicon that is used as a raw material in\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Daqo polysilicon","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/04\/polysilicon-daqo-longi.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/04\/polysilicon-daqo-longi.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/04\/polysilicon-daqo-longi.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/04\/polysilicon-daqo-longi.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":32669,"url":"https:\/\/www.solarquotes.com.au\/blog\/daqo-longi-polysilicon-mb1168\/","url_meta":{"origin":39960,"position":2},"title":"Daqo Inks Another Huge Polysilicon Deal with Longi","author":"Michael Bloch","date":"August 12, 2019","format":false,"excerpt":"Polysilicon producer Daqo announced last week it had signed a new major polysilicon supply agreement with Longi Green Energy Technology. The agreement involves the supply of 112,800 metric tonnes of ultra-high-purity polysilicon[1. Polycrystalline silicon can be used to produce silicon monocrystals] over a three year period - 36,000 tonnes in\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Daqo solar grade polysilicon","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/08\/daqo-longi-polysilicon.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/08\/daqo-longi-polysilicon.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/08\/daqo-longi-polysilicon.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/08\/daqo-longi-polysilicon.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/08\/daqo-longi-polysilicon.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":59398,"url":"https:\/\/www.solarquotes.com.au\/blog\/daqo-polysilicon-supply-results-mb2375\/","url_meta":{"origin":39960,"position":3},"title":"Daqo Solar Polysilicon &#8220;Fully Booked&#8221; For 2022","author":"Michael Bloch","date":"March 1, 2022","format":false,"excerpt":"Solar polysilicon giant Daqo New Energy has announced another significant supply agreement and published its 2021 fourth quarter and fiscal year results. Polysilicon is a material used in the manufacture of photovoltaic cells used in solar panels. China's Daqo currently has a total polysilicon nameplate capacity of 105,000 metric tonnes\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Daqo New Energy polysilicon","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/daqo-polysilicon-deal-results.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/daqo-polysilicon-deal-results.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/daqo-polysilicon-deal-results.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/daqo-polysilicon-deal-results.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/daqo-polysilicon-deal-results.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":53141,"url":"https:\/\/www.solarquotes.com.au\/blog\/daqo-polysilicon-prices-mb2123\/","url_meta":{"origin":39960,"position":4},"title":"Daqo Doing Well From High Polysilicon Prices","author":"Michael Bloch","date":"August 19, 2021","format":false,"excerpt":"While polysilicon giant Daqo New Energy sold a little less in the second quarter, its revenue jumped 72% due to high polysilicon prices. Raw polycrystalline silicon, usually referred to as polysilicon, is a material needed to manufacture polycrystalline and monocrystalline solar cells. Around 98 percent of the world's solar panels\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Daqo New Energy - Polysilicon","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/polysilicon-prices-daqo.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/polysilicon-prices-daqo.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/polysilicon-prices-daqo.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/polysilicon-prices-daqo.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/polysilicon-prices-daqo.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":46702,"url":"https:\/\/www.solarquotes.com.au\/blog\/daqo-forced-labour-mb1843\/","url_meta":{"origin":39960,"position":5},"title":"Polysilicon Giant Daqo Responds To Forced Labour Concerns","author":"Michael Bloch","date":"January 18, 2021","format":false,"excerpt":"One of the world's largest producers of a key material for solar panels, polysilicon, has addressed concerns its operations may be benefiting from forced labour. Daqo New Energy has a stated nameplate annual polysilicon production capacity of 70,000 tonnes. It's one of the world's lowest cost producers of high-quality polysilicon\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Daqo New Energy - forced labour allegations","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/01\/daqo-forced-labor.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/01\/daqo-forced-labor.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/01\/daqo-forced-labor.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/01\/daqo-forced-labor.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/01\/daqo-forced-labor.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/39960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=39960"}],"version-history":[{"count":4,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/39960\/revisions"}],"predecessor-version":[{"id":39965,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/39960\/revisions\/39965"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/39961"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=39960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=39960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=39960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}