New solar wafer player Gaojing secures Daqo polysilicon supply deal Email
Daqo New Energy’s deal with Gaojing is the latest in a slew of deals for polysilicon supply in the solar sector. Image: Daqo New Energy.
Gaojing Solar Energy Technology, a newly-emerged solar wafer provider in China, has secured a three-year high purity polysilicon supply deal with Daqo New Energy.
The deal follows up on a similarly-termed contract Gaojing secured earlier this week with Xinte Energy, and will contribute towards the ramp of a 50GW, 210mm large-size solar wafer facility to be developed over the next two years.
Gaojing is to develop the facility, to be based in Qinghai province, in three phases. Construction on the first, 15GW phase has already commenced and is expected to be complete by the end of June 2021 before reaching full operations by September this year.
Dago New Energy Signs With Gaojing Solar For Supply Of 45.9K MT Polysilicon
BEIJING (dpa-AFX) - Daqo New Energy Corp. (DQ) announced Tuesday that it signed a three-year high-purity polysilicon supply agreement with Gaojing Solar Energy Technology Co. Ltd. Gaojing is a newly established advanced solar wafer manufacturer.
Daqo New, a manufacturer of high-purity polysilicon for the global solar PV industry said the supply will be for a 50GW large-size solar wafer project to be carried out in three phases. The third phase is scheduled to finish by 2023.
As per the supply agreement, Daqo New will provide Gaojing with high-purity mono-grade polysilicon in a total amount of 45,900 MT between June 2021 and May 2024. The actual prices will be negotiated on a monthly basis.
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SHANGHAI, March 16, 2021 /PRNewswire/ Daqo New Energy Corp. (NYSE: DQ) ( Daqo New Energy , the Company or we ), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it signed a three-year high-purity polysilicon supply agreement with Gaojing Solar Energy Technology Co., LTD ( Gaojing ). Gaojing is a newly established advanced solar wafer manufacturer co-founded by a team of senior experts with extensive experience in the solar industry, IDG Capital, a leading investment firm, and Zhuhai s leading state-owned enterprise Huafa Group.
The execution of Gaojing s plan for a 50GW large-size solar wafer capacity will be carried out in three phases. Construction of the first phase, with a production capacity of 15GW, has already begun and is expected to be complete by the end of June 2021 and fully operational by September 2021. Phase II is expected to reach full production capacity of 15GW in
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