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.
Share this article
Share this article
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
Daqo New Energy Announces Three-Year High-Purity Polysilicon Supply Agreement with Gaojing Solar prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.