Thursday, April 17, 2008

Shenzhen Topray Signed Silicon Wafer Purchase Agreement with Renesola

April 17th 2008, Shenzhen Topray signed silicon wafer purchase agreement with Renesola, Renesola will offer 105MW wafer to Shenzhen Topray starting July 2008 to June 2014, the total agreement value is about RMB 1.5 billion.

China Polysilicon Production Output in 2008

Several days ago a foreign friend discussed China polysilicon production output in 2008 with me, he gave me a figure of 7,360 metric tons, I was quite astonished. Being a Chinese I hope Chinese companies are able to produce more polysilicon to ease the raw material shortage problem in the PV industry.

It is a pity that my finding is just 3,000 to 5,000 metric tons, I am sorry that I cannot give you the exact figure since all the producers are not sure how much they can produce this year, the existing producers are trying to improve their production output, and the new producers are trying to start their production this year.

Today I read "Last year, these companies produced a total of 1,000 metric tons of polysilicon. Next year, we expect Chinese production to increase to 2,000 metric tons, as these companies improve their production processes and new companies ramp up production." from an article by Susan Gordon, an analyst at THT Research. According to my knowledge, the production from E'mei, Luoyang China Silicon and Sichuan Xin'guang Silicon will be about 2,000 metric tons in 2008, what's more Zhongneng began to produce polysilicon in September 2007, and some new producers will begin to produce polysilicon this year, anyhow the total figure will be at least 3,000 metric tons in 2008. If these projects go well, it is possible that the total figure will reach 5,000 metric tons in 2008.

And some Chinese companies are developing the non-Simens process to produce low cost polysilicon, if they succeed, the production output will be raised to a real high level.

At last, I just hope my figure is not too conservative.