Monday, March 17, 2008

Daqo signed polysilicon supply agreement with Suntech Power and Glory Silicon

March 11th, Daqo Group signed the polysilicon supply agreement with Suntech Power and Glory Silicon (Zhenjiang), no supply amount information is disclosed.

Sichuan Rena Silicon Material starts to build the polysilicon project

March 8th 2008, Sichuan Rena Silicon Material launched its polysilicon production project. The first phase project is 3,000 ton and the total project is 6,000 ton polysilicon.

Sichuan Rena Silicon Material is the subsidiary company of Renesola.

Ningxia Yangguang Silicon will begin to produce polysilicon in October 2008

The first phase 1,500 ton polysilicon project of Ningxia Yangguang Silicon will be completed as scheduled, the total project is 4,500 ton, and the total investment will be about 4 billion RMB.

The construction of the first phase project will be finished by the end of June, and the production equipments have been deliverd starting from February. Ningxia Yangguang Silicon plans to install and adjust the equipments in August and begin the test production in October.

Ningxia Yangguang Silicon will start the second phase project of 3,000 ton in 2009 after the first phase project begins the commercial production.