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.
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.
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.
Thursday, March 13, 2008
Suntech Power to buy minority interest in Nitol Solar for $100 million
March 13, 2008: 08:42 AM EST
LONDON, Mar. 13, 2008 (Thomson Financial delivered by Newstex) -- Suntech Power Holdings Co (NYSE:STP) will pay $100 million to Nitol Solar to acquire a minority stake in the polysilicon producer, the two companies said Thursday. Suntech already works with Nitol, supplying the solar cell maker with polysilicon since August 2007.
LONDON, Mar. 13, 2008 (Thomson Financial delivered by Newstex) -- Suntech Power Holdings Co (NYSE:STP) will pay $100 million to Nitol Solar to acquire a minority stake in the polysilicon producer, the two companies said Thursday. Suntech already works with Nitol, supplying the solar cell maker with polysilicon since August 2007.
LDK Solar says nearly sold all wafer capacity for 2008, 2009
March 13, 2008: 04:31 AM EST
LONDON, Mar. 13, 2008 (Thomson Financial delivered by Newstex) -- LDK Solar Co Ltd (NYSE:LDK) said that based upon its current backlog of contracts, it has almost sold out its entire solar wafer capacity for 2008 and has sold more than 90 pct of capacity for 2009.
The manufacturer of multicrystalline solar wafers confirmed it had increased the value of its inventory to 380 mln usd at the end of 2007.
Inventory in transit represented the most significant portion of the increase during the quarter as it purchased silicon material from around the globe, LDK said.
LONDON, Mar. 13, 2008 (Thomson Financial delivered by Newstex) -- LDK Solar Co Ltd (NYSE:LDK) said that based upon its current backlog of contracts, it has almost sold out its entire solar wafer capacity for 2008 and has sold more than 90 pct of capacity for 2009.
The manufacturer of multicrystalline solar wafers confirmed it had increased the value of its inventory to 380 mln usd at the end of 2007.
Inventory in transit represented the most significant portion of the increase during the quarter as it purchased silicon material from around the globe, LDK said.
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