{"id":56767,"date":"2021-12-08T05:09:51","date_gmt":"2021-12-07T18:39:51","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=56767"},"modified":"2021-12-08T05:09:51","modified_gmt":"2021-12-07T18:39:51","slug":"daqo-polysilicon-plant-mb2265","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/daqo-polysilicon-plant-mb2265\/","title":{"rendered":"Daqo Solar Polysilicon Plant Pilot Production Powers Ahead"},"content":{"rendered":"

\"New<\/p>\n

News of new solar polysilicon production kicking in is certainly more exciting than it was eighteen months ago.<\/p>\n

The cost of polysilicon, a material needed to manufacture photovoltaic<\/a> cells used in solar panels<\/a>, has skyrocketed in the past year or so. But the upward climb seems to have levelled off in recent weeks, and with any luck will start trending down.<\/p>\n

Here’s how the polysilicon spot price has tracked this year, which was sitting around US$36.64 per kg as at last Thursday.<\/p>\n

\"Polysilicon<\/a><\/p>\n

If the January spot price seems low compared to this month, at one point in July last year it was below USD $7\/kg. In January – March last year the price was consistently between the $8.50 and $9.00\/kg range.<\/p>\n

China’s Daqo New Energy Corp is a major player in production of high-purity polysilicon for the global solar PV industry. Yesterday the firm announced construction of its 35,000 MT Phase 4B polysilicon production facility had been completed ahead of schedule and initial production has already begun.<\/p>\n

No doubt Daqo’s customers are as keen to see production cranked up at the new facility as Daqo is, as increased availability of polysilicon should put downwards pressure on prices – but in these crazy times, expect the unexpected.<\/p>\n

Daqo has done very nicely from high polysilicon prices – in August we reported<\/a> the company’s revenue jumped 72% in the second quarter even though its sales volume was a little less (21,060 MT in Q2 2021, 21,471 MT in Q1 2021)..<\/p>\n

Daqo expects to ramp up the new facility to full capacity by the end of March 2022. The company also plans to\u00a0expand its production capabilities from a current nameplate capacity of 105,000 tonnes1<\/a><\/sup> to 270,000\u00a0tonnes by the end of 2024.<\/p>\n

“We believe we are just at the beginning of a new era in which solar PV will play an increasingly critical role as one of the cleanest, most sustainable, and most cost-effective sources of energy,” said Daqo New Energy CEO Longgen Zhang. “We expect to see accelerating growth in solar demand in the foreseeable future.”<\/p><\/blockquote>\n

Daqo And Xinjiang<\/h2>\n

Daqo’s polysilicon production facilities are located in Xinjiang in northwest China.<\/p>\n

Xinjiang is home to various ethnic minority groups, including the Turkic Uyghur people. It\u2019s alleged many Uyghur, and others, have been forced to work in factories in Xinjiang. In January this year, Daqo said it had a zero-tolerance policy on forced labour<\/a> in its own facilities and across its supply chain; calling the practice “morally abhorrent”. Given the nature of its operations, Daqo said the use of forced labour was “inconsistent with its goals to be successful in terms of safety, efficiency and costs”.<\/p>\n

The situation in Xinjiang is concerning and complicated, but Daqo supplies polysilicon to some of the world’s largest solar panel producers that have significant export markets particularly sensitive to this issue. To be caught up in forced labour wouldn’t be a good look for the company – or customers using Daqo polysilicon.<\/p>\n","protected":false},"excerpt":{"rendered":"

News of new solar polysilicon production kicking in is certainly more exciting than it was eighteen months ago.<\/p>\n","protected":false},"author":17,"featured_media":56768,"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-56767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nDaqo Solar Polysilicon Plant Pilot Production Powers Ahead<\/title>\n<meta name=\"description\" content=\"News of new solar polysilicon production kicking in is certainly more exciting than it was eighteen months ago.\" 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Canadian Solar said its majority-owned subsidiary, CSI Solar Co., Ltd., has inked a related investment agreement with the municipal government of Haidong City in Qinghai Province, China. Under the deal,\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Canadian Solar polysilicon production","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/canadian-solar-polysilicon.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/canadian-solar-polysilicon.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/canadian-solar-polysilicon.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/canadian-solar-polysilicon.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/canadian-solar-polysilicon.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":45353,"url":"https:\/\/www.solarquotes.com.au\/blog\/daqo-trina-solar-mb1785\/","url_meta":{"origin":56767,"position":2},"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 "General Solar & Storage News"","block_context":{"text":"General Solar & 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":55615,"url":"https:\/\/www.solarquotes.com.au\/blog\/jinko-solar-polysilicon-mb2223\/","url_meta":{"origin":56767,"position":3},"title":"Jinko Solar Ploughing Cash Into Polysilicon Producer","author":"Michael Bloch","date":"November 5, 2021","format":false,"excerpt":"Solar panel manufacturer Jinko Solar has announced its intention to throw a bundle of bucks at a subsidiary of one of China's polysilicon production giants. Building on a strategic partnership announced early this year, Jinko said it would invest RMB450 million (around AUD $94.54 million at current exchange rates) for\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Jinko Solar - Polysilicon","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/11\/polysilicon-jinko.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/11\/polysilicon-jinko.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/11\/polysilicon-jinko.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/11\/polysilicon-jinko.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/11\/polysilicon-jinko.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":57279,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-polysilicon-prices-mb2287\/","url_meta":{"origin":56767,"position":4},"title":"Solar Polysilicon Prices Start To Plummet\u00a0","author":"Michael Bloch","date":"December 24, 2021","format":false,"excerpt":"In a bit of good news, the spot price for solar grade polysilicon is dropping quite rapidly. If the trend holds, the cost of solar panels in Australia should follow suit soon-ish. Polysilicon is used in the manufacture of conventional photovoltaic cells used in solar panels.\u00a0 The sought-after stuff was\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar polysilicon spot price update","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/polysilicon-prices.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/polysilicon-prices.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/polysilicon-prices.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/polysilicon-prices.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/polysilicon-prices.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":20513,"url":"https:\/\/www.solarquotes.com.au\/blog\/longi-daqo-polysilicon-mb0530\/","url_meta":{"origin":56767,"position":5},"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 "General Solar & Storage News"","block_context":{"text":"General Solar & 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":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/56767","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=56767"}],"version-history":[{"count":2,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/56767\/revisions"}],"predecessor-version":[{"id":56771,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/56767\/revisions\/56771"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/56768"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=56767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=56767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=56767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}