BEIJING, Nov 21, 2008 (Xinhua via COMTEX) -- Solar energy industry will receive moderate and no long-lasting impacts from global financial market, said Wang Runsheng, chief executive officer of China's major solar cell producer China Sunergy Co., Ltd. (CSUN.Nasdaq).
As the main driving force of solar photovoltaic (PV) industry, governmental subsidy policies haven't been removed or delayed due to the financial turmoil, said Wang, citing recent solar-favoring legislative adjustment in France.
Wang forecast that solar PV market would witness up-turn in the first or second quarter of 2009 since many solar module developers holds on to money anticipating price declines in year end 2008.
Plus, the price drop of solar module and systems will trigger additional demands because solar PV products carry high price elasticity.
The industry chain of solar PV business is capable to bear and absorb price decreases in downstream solar system products.
In 2008, the sales price of polycrystalline silicon reached as high as 450-500 U.S. dollars per kg with production cost ranging from 20-30 U.S. dollars.
Showing posts with label polycrystalline silicon. Show all posts
Showing posts with label polycrystalline silicon. Show all posts
Saturday, November 22, 2008
Friday, April 18, 2008
Analysis: China's polycrystalline silicon industry faces opportunity and risk
Xinhua Economic News Service, April 17, 2008 Thursday 11:10 PM EST
BEIJING, April 18 (Xinhua) - China's polycrystalline silicon industry is faced with an opportunity of increasing market demand as well as risks of overcapacity and repeated low-level construction
-- Robust demand pushes development of polycrystalline silicon industry
The global supply of polycrystalline silicon, a key raw material for producing semiconductor devices and solar cells, cannot meet the increasing market demand, offering an opportunity for China's polycrystalline silicon industry. The supply shortage will last until 2010.
As a result, polycrystalline silicon price surged from less than 40 US dollars/kg in 2003 to around 300 dollars/kg at present.
It is predicted that the polycrystalline silicon demand from semiconductor device manufacturing will hit 35,000 tons in 2010, and that from solar cell making will reach 50,000 tons.
--- Rapid expansion of polycrystalline silicon industry in China
The Leshan city in southwest China's Sichuan Province boasts a completed polycrystalline silicon production capacity of 15 million tons a year, accounting for nearly 80 percent of the national total. A national production base is looming in the city with a number of projects putting into operation and new projects starting construction this year.
The city plans to invest 20 billion yuan in the following five years to develop China's largest polycrystalline silicon production base with an annual polycrystalline silicon production capacity of 19, 500 tons and monocrystalline silicon production capacity of 2,000 tons, according to Jiang Xiaoting, a senior official of the city.
--- Hidden problems
Construction of polycrystalline silicon projects should be deployed in line with industrial characteristics, noted Jiang, adding that concentrated construction of large-scale production base is conducive to making better use of infrastructures and sideline products, dealing with waste and pollution and avoiding repeated introduction of foreign technologies.
Technology is a bottleneck for further development of China's polycrystalline silicon industry.
At present, China's production cost is twice that of economically developed countries, thus weakening the competitiveness of Chinese polycrystalline silicon.
If all the planned projects are in full operation, China is estimated to form a production capacity of 100,000 tons. In addition, the production capacity on overseas market will increase as well. The problem of overcapacity will occur, if downstream users cannot develop in an accordant pace.
BEIJING, April 18 (Xinhua) - China's polycrystalline silicon industry is faced with an opportunity of increasing market demand as well as risks of overcapacity and repeated low-level construction
-- Robust demand pushes development of polycrystalline silicon industry
The global supply of polycrystalline silicon, a key raw material for producing semiconductor devices and solar cells, cannot meet the increasing market demand, offering an opportunity for China's polycrystalline silicon industry. The supply shortage will last until 2010.
As a result, polycrystalline silicon price surged from less than 40 US dollars/kg in 2003 to around 300 dollars/kg at present.
It is predicted that the polycrystalline silicon demand from semiconductor device manufacturing will hit 35,000 tons in 2010, and that from solar cell making will reach 50,000 tons.
--- Rapid expansion of polycrystalline silicon industry in China
The Leshan city in southwest China's Sichuan Province boasts a completed polycrystalline silicon production capacity of 15 million tons a year, accounting for nearly 80 percent of the national total. A national production base is looming in the city with a number of projects putting into operation and new projects starting construction this year.
The city plans to invest 20 billion yuan in the following five years to develop China's largest polycrystalline silicon production base with an annual polycrystalline silicon production capacity of 19, 500 tons and monocrystalline silicon production capacity of 2,000 tons, according to Jiang Xiaoting, a senior official of the city.
--- Hidden problems
Construction of polycrystalline silicon projects should be deployed in line with industrial characteristics, noted Jiang, adding that concentrated construction of large-scale production base is conducive to making better use of infrastructures and sideline products, dealing with waste and pollution and avoiding repeated introduction of foreign technologies.
Technology is a bottleneck for further development of China's polycrystalline silicon industry.
At present, China's production cost is twice that of economically developed countries, thus weakening the competitiveness of Chinese polycrystalline silicon.
If all the planned projects are in full operation, China is estimated to form a production capacity of 100,000 tons. In addition, the production capacity on overseas market will increase as well. The problem of overcapacity will occur, if downstream users cannot develop in an accordant pace.
Sunday, December 16, 2007
Suntech Power Chairman: Poly-Si Investment Misfits China
Friday, December 14, 2007;
WUXI, Dec 14, 2007 (SinoCast via COMTEX) -- Shi Zhengrong, chairman of Wuxi Suntech Power Co., Ltd. (NYSE: STP), one of China's solar energy giants, announced on December 12, 2007 that polysilicon investment was not suitable for the nation.
Currently, more investors are swarming into the Chinese photovoltaic (PV) industry. Meanwhile, the domestic polycrystalline silicon market receives extremely overheated investment.
"As a matter of fact, it is not practical for China to produce polysilicon, mainly due to such a high electricity charge," said the chairman. "Therefore, I suggest that investors should seek more development opportunities in Canada, the US, Australia, and other countries with a lower electricity charge."
Recently, the silicon materials prices are on the surge, and a large amount of the nation's capital was injected into the polycrystalline silicon field.
Two weeks ago, Baoding Tianwei Baodian Electric Co., Ltd. (SHSE: 600550) announced that its holding subsidiary Sichuan Xinguang Silicon Co., Ltd. would create two 3,000-ton polysilicon projects in the southwestern Chinese cities of Chengdu and Leshan, respectively.
Two newly incorporated ventures there will be responsible for the projects above with a total investment of about CNY 2.675 billion, said people familiar with the matter.
Several days later, Jiangxi LDK Solar Hi-Tech Co., Ltd. (NYSE: LDK), a domestic polycrystalline silicon wafer magnate, declared the start-up of its new polysilicon factory located in the southern Chinese city of Xinyu, Jiangxi Province.
It is predicted to complete the project with an annual production capacity of 6,000 tons at the end of 2008, according to the company's timetable.
The new project is part of LDK Solar's 15,000-ton silicon material plan, which draws a total investment in fixed assets of more than CNY 12 billion, is forecasted to turn into one of the world's solar power projects with most investments and biggest designed production capacity.
LDK Solar is to develop into one of front-runners in the global polysilicon field, after putting all projects into production in 2009 and forming a 15,000-ton production capacity.
Meanwhile, the LDK Solar project will contribute a lot to the fast and steady growth of China's PV industry. It can not only effectively cover the shortage of raw materials supply, but also largely cut the competitive edge of the sector above.
"Presently, the total production capacity of China's companies, who are ready for polysilicon projects, reaches 30,000 tons," the domestic PV expert Mr. Wang Sicheng said anxiously. "It is hard to say whether the heating investments in PV markets is good news or not."
WUXI, Dec 14, 2007 (SinoCast via COMTEX) -- Shi Zhengrong, chairman of Wuxi Suntech Power Co., Ltd. (NYSE: STP), one of China's solar energy giants, announced on December 12, 2007 that polysilicon investment was not suitable for the nation.
Currently, more investors are swarming into the Chinese photovoltaic (PV) industry. Meanwhile, the domestic polycrystalline silicon market receives extremely overheated investment.
"As a matter of fact, it is not practical for China to produce polysilicon, mainly due to such a high electricity charge," said the chairman. "Therefore, I suggest that investors should seek more development opportunities in Canada, the US, Australia, and other countries with a lower electricity charge."
Recently, the silicon materials prices are on the surge, and a large amount of the nation's capital was injected into the polycrystalline silicon field.
Two weeks ago, Baoding Tianwei Baodian Electric Co., Ltd. (SHSE: 600550) announced that its holding subsidiary Sichuan Xinguang Silicon Co., Ltd. would create two 3,000-ton polysilicon projects in the southwestern Chinese cities of Chengdu and Leshan, respectively.
Two newly incorporated ventures there will be responsible for the projects above with a total investment of about CNY 2.675 billion, said people familiar with the matter.
Several days later, Jiangxi LDK Solar Hi-Tech Co., Ltd. (NYSE: LDK), a domestic polycrystalline silicon wafer magnate, declared the start-up of its new polysilicon factory located in the southern Chinese city of Xinyu, Jiangxi Province.
It is predicted to complete the project with an annual production capacity of 6,000 tons at the end of 2008, according to the company's timetable.
The new project is part of LDK Solar's 15,000-ton silicon material plan, which draws a total investment in fixed assets of more than CNY 12 billion, is forecasted to turn into one of the world's solar power projects with most investments and biggest designed production capacity.
LDK Solar is to develop into one of front-runners in the global polysilicon field, after putting all projects into production in 2009 and forming a 15,000-ton production capacity.
Meanwhile, the LDK Solar project will contribute a lot to the fast and steady growth of China's PV industry. It can not only effectively cover the shortage of raw materials supply, but also largely cut the competitive edge of the sector above.
"Presently, the total production capacity of China's companies, who are ready for polysilicon projects, reaches 30,000 tons," the domestic PV expert Mr. Wang Sicheng said anxiously. "It is hard to say whether the heating investments in PV markets is good news or not."
Monday, December 10, 2007
Trina Solar gets one-bin USD capital injection
Friday, December 07, 2007; Posted: 01:37 AM
BEIJING, Dec 7, 2007 (Xinhua via COMTEX) -- Trina Solar Limited (TSL.NYSE), a Chinese private company in the solar energy industry, announced on December 6 that the company had been committed a capital injection of one billion US dollars from the government of Lianyungang, a port city in east China's Jiangsu Province.
This will help the company achieve a 10,000-ton polycrystalline silicon production capacity by the end of 2012.
In the third quarter of 2007, Trina Solar realized an operating turnover of 82.60 million dollars, slightly lower than the expected 82.80 million dollars, according to the company's Q3 financial report. Its Q3 gross margin reached 20.1 percent, down 6.1 percentage points year on year.
For strong market demand, the company is optimistic about its performance in 2008.
BEIJING, Dec 7, 2007 (Xinhua via COMTEX) -- Trina Solar Limited (TSL.NYSE), a Chinese private company in the solar energy industry, announced on December 6 that the company had been committed a capital injection of one billion US dollars from the government of Lianyungang, a port city in east China's Jiangsu Province.
This will help the company achieve a 10,000-ton polycrystalline silicon production capacity by the end of 2012.
In the third quarter of 2007, Trina Solar realized an operating turnover of 82.60 million dollars, slightly lower than the expected 82.80 million dollars, according to the company's Q3 financial report. Its Q3 gross margin reached 20.1 percent, down 6.1 percentage points year on year.
For strong market demand, the company is optimistic about its performance in 2008.
Wednesday, October 3, 2007
Trina Solar Announces Management Changes
October 02, 2007: 09:29 AM EST
CHANGZHOU, China, Oct. 2 /PRNewswire-FirstCall/ -- Trina Solar Limited ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules founded in 1997, announced today the following management changes at the Company:
Mr. Anthony Chia has been appointed as Vice President of Quality. Mr. Chia has more than 21 years of experience in quality management, involving the introduction and implementation of numerous quality control systems, including 6-Sigma, TL9000, TS16949, ISO2000, ISO14000, UL and TUV RoHS. Mr. Chia reports to Sean Tzou, Trina Solar's Chief Operating Officer.
Prior to joining Trina Solar, Mr. Chia served as Director of Service and Quality for SANMINA-SCI and as Senior Manager of Quality Assurance at Motorola Singapore and China. Mr. Chia holds an MBA from National University of Singapore.
Mr. Dave Seburn has been appointed as Vice President, Polysilicon. Mr. Seburn is responsible for evaluating potential upstream investments in polysilicon production, including road map development for upstream investments and implementation oversight of related projects. Mr. Seburn reports directly to Jifan Gao, Trina Solar's Chief Executive Officer.
Mr. Seburn comes to Trina Solar after ten years of experience at REC Silicon, where he last served as Vice President of Operations. During his tenure, Mr. Seburn lead oversight of both silane and polysilicon manufacturing plants and facilitated process and organizational changes that optimized productivity at both plants. Mr. Seburn holds an M.S. degree in Chemical Engineering from the University of Houston.
Mr. Mohan Naranayan, Vice President of Technology, left the Company on September 30, 2007 due to personal reasons.
"We are pleased and excited to welcome such talented individuals as Mr. Chia and Mr. Seburn to the Trina Solar team," said Mr. Jifan Gao, Trina Solar's Chairman and CEO. "Both gentlemen will greatly strengthen our resources in quality control, long-term cost reduction and raw material procurement as we continue to pursue a leading position in the global solar PV market."
"At the same time, we regret to announce the departure of Mr. Naranayan as Vice President of Technology. We recognize his significant contributions to our growth at Trina Solar and we wish him the best in his future endeavors," said Mr. Gao.
About Trina Solar Limited:
Trina Solar Limited , through its wholly-owned subsidiary Changzhou Trina Solar Energy Co. Ltd, is a well recognized manufacturer of high quality modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company. Trina Solar is currently one of the few PV manufactures that has developed a vertically integrated business model from the production of monocrystalline ingots, wafers and cells to the assembly of high quality modules. This integrated value chain helps to ensure that high quality products can be delivered to its end customers around the globe, including a number of European countries, such as Germany, Spain and Italy. Trina Solar's solar modules provide reliable and environmentally- friendly electric power for residential, commercial, industrial and other applications worldwide. Trina Solar successfully completed its initial public offering on the New York Stock Exchange in December, 2006 and its ADSs are traded under the ticker symbol TSL. For further information, please visit Trina Solar's website at http://www.trinasolar.com
CHANGZHOU, China, Oct. 2 /PRNewswire-FirstCall/ -- Trina Solar Limited ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules founded in 1997, announced today the following management changes at the Company:
Mr. Anthony Chia has been appointed as Vice President of Quality. Mr. Chia has more than 21 years of experience in quality management, involving the introduction and implementation of numerous quality control systems, including 6-Sigma, TL9000, TS16949, ISO2000, ISO14000, UL and TUV RoHS. Mr. Chia reports to Sean Tzou, Trina Solar's Chief Operating Officer.
Prior to joining Trina Solar, Mr. Chia served as Director of Service and Quality for SANMINA-SCI and as Senior Manager of Quality Assurance at Motorola Singapore and China. Mr. Chia holds an MBA from National University of Singapore.
Mr. Dave Seburn has been appointed as Vice President, Polysilicon. Mr. Seburn is responsible for evaluating potential upstream investments in polysilicon production, including road map development for upstream investments and implementation oversight of related projects. Mr. Seburn reports directly to Jifan Gao, Trina Solar's Chief Executive Officer.
Mr. Seburn comes to Trina Solar after ten years of experience at REC Silicon, where he last served as Vice President of Operations. During his tenure, Mr. Seburn lead oversight of both silane and polysilicon manufacturing plants and facilitated process and organizational changes that optimized productivity at both plants. Mr. Seburn holds an M.S. degree in Chemical Engineering from the University of Houston.
Mr. Mohan Naranayan, Vice President of Technology, left the Company on September 30, 2007 due to personal reasons.
"We are pleased and excited to welcome such talented individuals as Mr. Chia and Mr. Seburn to the Trina Solar team," said Mr. Jifan Gao, Trina Solar's Chairman and CEO. "Both gentlemen will greatly strengthen our resources in quality control, long-term cost reduction and raw material procurement as we continue to pursue a leading position in the global solar PV market."
"At the same time, we regret to announce the departure of Mr. Naranayan as Vice President of Technology. We recognize his significant contributions to our growth at Trina Solar and we wish him the best in his future endeavors," said Mr. Gao.
About Trina Solar Limited:
Trina Solar Limited , through its wholly-owned subsidiary Changzhou Trina Solar Energy Co. Ltd, is a well recognized manufacturer of high quality modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company. Trina Solar is currently one of the few PV manufactures that has developed a vertically integrated business model from the production of monocrystalline ingots, wafers and cells to the assembly of high quality modules. This integrated value chain helps to ensure that high quality products can be delivered to its end customers around the globe, including a number of European countries, such as Germany, Spain and Italy. Trina Solar's solar modules provide reliable and environmentally- friendly electric power for residential, commercial, industrial and other applications worldwide. Trina Solar successfully completed its initial public offering on the New York Stock Exchange in December, 2006 and its ADSs are traded under the ticker symbol TSL. For further information, please visit Trina Solar's website at http://www.trinasolar.com
Thursday, September 13, 2007
Large poly-silicon and monocrystal silicon facility starts construction in Inner Mongolia
Xinhua Economic News Service, September 12, 2007 Wednesday 10:30 AM EST
HOHHOT, Sept. 12 (CEIS) – A large project for production of polycrystalline silicon and monocrystal silicon for solar energy use has started construction in the Baotou Rare Earth High-tech Zone in north China’s Inner Mongolia Autonomous Region.
The project, launched by the Beijing Zhongjing Huaye Technology Co Ltd, has a total investment of 1.23 billion yuan, of which 1.03 billion yuan are funds for fixed assets.
Upon completion, the project is expected to generate sales revenue of 4.82 billion yuan, and total taxes and profits of 2.43 billion yuan.
It is designed to be constructed in three phases. The first phase construction has an investment of 197 million yuan, and an area of more than six hectares, which will be completed and start production in the first quarter of 2008, with designed production capacity of 32.40 million pieces of polycrystalline silicon wafer, and sales revenue of 2.75 billion yuan.
The second phase construction will start in April of 2008 with an investment of 140 million yuan. It is designed to become operational in the end of 2008, with designed capacity of 10.80 pieces of polycrystalline silicon wafer and sales revenue of 864 million yuan.
The third phase construction will start in the end of 2008 and operation in the end of 2010, with production capacity of 1,200 tons of polycrystalline silicon for solar energy use.
Baotou city has rich resources of silicon ore, with verified reserves of 220 million tons.
The Beijing Zhongjing Huaye Technology Co Ltd is a state-owned import and export company under the China National Arts & Crafts ( Group) Corporation.
HOHHOT, Sept. 12 (CEIS) – A large project for production of polycrystalline silicon and monocrystal silicon for solar energy use has started construction in the Baotou Rare Earth High-tech Zone in north China’s Inner Mongolia Autonomous Region.
The project, launched by the Beijing Zhongjing Huaye Technology Co Ltd, has a total investment of 1.23 billion yuan, of which 1.03 billion yuan are funds for fixed assets.
Upon completion, the project is expected to generate sales revenue of 4.82 billion yuan, and total taxes and profits of 2.43 billion yuan.
It is designed to be constructed in three phases. The first phase construction has an investment of 197 million yuan, and an area of more than six hectares, which will be completed and start production in the first quarter of 2008, with designed production capacity of 32.40 million pieces of polycrystalline silicon wafer, and sales revenue of 2.75 billion yuan.
The second phase construction will start in April of 2008 with an investment of 140 million yuan. It is designed to become operational in the end of 2008, with designed capacity of 10.80 pieces of polycrystalline silicon wafer and sales revenue of 864 million yuan.
The third phase construction will start in the end of 2008 and operation in the end of 2010, with production capacity of 1,200 tons of polycrystalline silicon for solar energy use.
Baotou city has rich resources of silicon ore, with verified reserves of 220 million tons.
The Beijing Zhongjing Huaye Technology Co Ltd is a state-owned import and export company under the China National Arts & Crafts ( Group) Corporation.
Sunday, September 2, 2007
Chinese Polysilicon Projects List
Polysilicon is the hottest sector in Chinese solar energy industry, many new polysilicon projects are started in 2006 and 2007, it is estimated that by the end of 2010 the total polysilicon production capacity in China will reach 100,000 tons.
Below is the list of all the started polysilicon projects in China:
1. Luoyang China Silicon: 3,000 tons
2. Sichuan E'mei Semiconductor Material Factory: 1,500 tons
3. Sichuan Xin'guang Silicon: 1,260 tons
4. Yichang Nanbo Silicon: 4,500 tons
5. Asia Silicon (Qinghai): 6,000 tons
6. Ningxia Yangguang Silicon: 4,500 tons
7. Shunda: 1,500 tons
8. Jiangsu Zhongneng Solar: 10,000 tons
9. Xuntianyu Technology: 6,000 tons
10.Ai'xin Silicon: 10,000 tons
11.Tongwei (Si'chuan Yong’xiang): 10,000 tons
12.Suntech Power: 4,500 tons
13.Jingxin New Energy: 5,000 tons
14.Fu'yuan Silicon: 2,000 tons
15.Inner Mongolia Shenzhou Silicon: 1,500 tons
16.Si'chuan Chaolei Industries: 5,000 tons
17.Beijing Shunda Xin'ye Energy: 3,000 tons
18.LDK Solar: 15,000 tons
19.Chengdu Gaofei Industries: 5,000 tons
20.Shanghai Industry Investment: 3,000 tons
21.Jiangxi New Era: 2,500 tons
22.Shan'xi Tian'hong Silicon: 3,750 tons
Most of these investors do not have any polysilicon production experience before, and some experts do not believe all these polysilicon projects will be completed as scheduled because they doubt the production technology of these new polysilicon projects.
Below is the list of all the started polysilicon projects in China:
1. Luoyang China Silicon: 3,000 tons
2. Sichuan E'mei Semiconductor Material Factory: 1,500 tons
3. Sichuan Xin'guang Silicon: 1,260 tons
4. Yichang Nanbo Silicon: 4,500 tons
5. Asia Silicon (Qinghai): 6,000 tons
6. Ningxia Yangguang Silicon: 4,500 tons
7. Shunda: 1,500 tons
8. Jiangsu Zhongneng Solar: 10,000 tons
9. Xuntianyu Technology: 6,000 tons
10.Ai'xin Silicon: 10,000 tons
11.Tongwei (Si'chuan Yong’xiang): 10,000 tons
12.Suntech Power: 4,500 tons
13.Jingxin New Energy: 5,000 tons
14.Fu'yuan Silicon: 2,000 tons
15.Inner Mongolia Shenzhou Silicon: 1,500 tons
16.Si'chuan Chaolei Industries: 5,000 tons
17.Beijing Shunda Xin'ye Energy: 3,000 tons
18.LDK Solar: 15,000 tons
19.Chengdu Gaofei Industries: 5,000 tons
20.Shanghai Industry Investment: 3,000 tons
21.Jiangxi New Era: 2,500 tons
22.Shan'xi Tian'hong Silicon: 3,750 tons
Most of these investors do not have any polysilicon production experience before, and some experts do not believe all these polysilicon projects will be completed as scheduled because they doubt the production technology of these new polysilicon projects.
Saturday, August 18, 2007
Jinzhou New Century Quartz Glass Co. made breakthrough in developing low cost polysilicon
Recently Jinzhou New Century Quartz Glass Co. made breakthrough in developing low cost polysilicon, and their polysilicon quality has exceeded the client's demand.
It is said their solar-grade polysilicon production cost is much lower than the average level, and they have plan to build factory to produce 3000 ton polysilicon per year.
Jinzhou New Century Quartz Glass Co. is developing the technology to produce electrical-grade polysilicon.
It is said their solar-grade polysilicon production cost is much lower than the average level, and they have plan to build factory to produce 3000 ton polysilicon per year.
Jinzhou New Century Quartz Glass Co. is developing the technology to produce electrical-grade polysilicon.
Wednesday, August 15, 2007
Liaoning Jinhua Polycrystalline Silicon Project Launched on August 10th
Liaoning Jinhua launched its polycrystalline silicon project on August 10th 2007. The total investment is 1.15 billion RMB, and the production technology is from Russia Rare Metal Academy. The project will be completed at the end of 2008 and its production capacity will be 1000 ton.
Inner Mongolia Shenzhou Silicon Project Started
On August 4th 2007 the Inner Mongolia Shenzhou Silicon's 1500 ton polysilicon project broke the ground, and the total investment is about 1.8 billion RMB, and the project will be finished at the end of 2008.
Thursday, August 2, 2007
Shanxi Tianhong Silicon Material Company invested 5.2 billion RMB to produce polysilicon
Shanxi Tianhong Silicon Material Company signed the investment contract with Xianyang government to produce polysilicon on July 31st, 2007. The total investment is 5.2 billion RMB, and the total polysilicon production capacity will be over 10,000 ton.
The first phase project will be able to produce 3750 ton polysilicon per year, including electronic grade polysilicon 1250 ton and solar grade polysilicon 2500 ton.
The first phase project will be able to produce 3750 ton polysilicon per year, including electronic grade polysilicon 1250 ton and solar grade polysilicon 2500 ton.
Sunday, July 29, 2007
6N Polysilicon Trial Production Succeeded in Baishan
On July 20th Fuyuan Silicon and Shanghai Solar Technology successfully produced 6N polysilicon in Baishan, Jilin province.
Its annual solar grade polycrystalline silicon production capacity is 1000 ton. And they adopted some physical way to produce polysilicon and its production cost is only two thirds of the international manufacturers, and the total investment is saved two thirds.
Its annual solar grade polycrystalline silicon production capacity is 1000 ton. And they adopted some physical way to produce polysilicon and its production cost is only two thirds of the international manufacturers, and the total investment is saved two thirds.
China Sunergy Strengthens Management Team with the Appointment of Allen Wang as CEO
NANJING, China, July 27 /Xinhua-PRNewswire/ -- China Sunergy Co., Ltd. , a specialized solar cell manufacturer based in Nanjing, China, announced today that it has appointed Allen Wang as its new Chief Executive Officer ("CEO") with immediate effect. Mr. Wang will succeed Mr. Tingxiu Lu, who will remain as Executive Chairman and continue to be an integral part of the management team and a member of China Sunergy's Board of Directors.
Mr. Wang, 53, brings with him over 26 years experience in operations management and sales with leading technology companies in China, the US and Taiwan. His particular strengths are in supply chain management, operational management and procurement.
Mr. Wang joins China Sunergy from NEC China, where he was Senior Vice President and General Manager of its operations division focusing on supply chain management, quality assurance and customer service. Prior to joining NEC, he spent nearly ten years with Motorola in a variety of senior operational management roles including time spent establishing, developing and overseeing Motorola's handset joint venture in China, which he took from start-up to a business with annual sales of US$600 million per/annum within three years. In addition to his experience in China, Mr. Wang also spent eight years in the US with AT&T.
Mr. Tingxiu Lu, Chairman and CEO of China Sunergy, commented: "I am delighted that Allen Wang has decided to join us and look forward to working closely with him over the coming months. I was particularly impressed by both his drive and ability to grasp the more technical element of our business and believe that these factors, combined with his considerable operational experience and proven ability to grow a business, will be of enormous benefit to us as we seek to forge closer ties with suppliers and expand our operations."
Mr. Wang further added: "It is a great honor to be appointed to be the CEO of such a young and dynamic company as China Sunergy. As an engineer, I am extremely impressed by the strength of the company's research and development efforts and look forward to ensuring that these efforts can be commercially realized as we seek to expand our customer base and secure long-term contracts with our suppliers."
An engineer by training, Mr. Wang holds an MA in mechanical engineering from Yale University, an MA in electrical engineering and PhD in Computer Science from Northwestern University and an MBA from the University of Chicago. He is fluent in both English and Mandarin Chinese.
In the light of Allen Wang's appointment as a director to the board, Mr. Shiliang Guo will step down as a board member with immediate effect.
About China Sunergy Co., Ltd.
China Sunergy Co., Ltd. ("China Sunergy") is a leading manufacturer of solar cell products in China as measured by production capacity. China Sunergy manufactures solar cells from silicon wafers utilizing crystalline silicon solar cell technology to convert sunlight directly into electricity through a process known as the photovoltaic effect. China Sunergy sells solar cell products to Chinese and overseas module manufacturers and system integrators, who assemble solar cells into solar modules and solar power systems for use in various markets. For more information please go to http://www.chinasunergy.com .
Mr. Wang, 53, brings with him over 26 years experience in operations management and sales with leading technology companies in China, the US and Taiwan. His particular strengths are in supply chain management, operational management and procurement.
Mr. Wang joins China Sunergy from NEC China, where he was Senior Vice President and General Manager of its operations division focusing on supply chain management, quality assurance and customer service. Prior to joining NEC, he spent nearly ten years with Motorola in a variety of senior operational management roles including time spent establishing, developing and overseeing Motorola's handset joint venture in China, which he took from start-up to a business with annual sales of US$600 million per/annum within three years. In addition to his experience in China, Mr. Wang also spent eight years in the US with AT&T.
Mr. Tingxiu Lu, Chairman and CEO of China Sunergy, commented: "I am delighted that Allen Wang has decided to join us and look forward to working closely with him over the coming months. I was particularly impressed by both his drive and ability to grasp the more technical element of our business and believe that these factors, combined with his considerable operational experience and proven ability to grow a business, will be of enormous benefit to us as we seek to forge closer ties with suppliers and expand our operations."
Mr. Wang further added: "It is a great honor to be appointed to be the CEO of such a young and dynamic company as China Sunergy. As an engineer, I am extremely impressed by the strength of the company's research and development efforts and look forward to ensuring that these efforts can be commercially realized as we seek to expand our customer base and secure long-term contracts with our suppliers."
An engineer by training, Mr. Wang holds an MA in mechanical engineering from Yale University, an MA in electrical engineering and PhD in Computer Science from Northwestern University and an MBA from the University of Chicago. He is fluent in both English and Mandarin Chinese.
In the light of Allen Wang's appointment as a director to the board, Mr. Shiliang Guo will step down as a board member with immediate effect.
About China Sunergy Co., Ltd.
China Sunergy Co., Ltd. ("China Sunergy") is a leading manufacturer of solar cell products in China as measured by production capacity. China Sunergy manufactures solar cells from silicon wafers utilizing crystalline silicon solar cell technology to convert sunlight directly into electricity through a process known as the photovoltaic effect. China Sunergy sells solar cell products to Chinese and overseas module manufacturers and system integrators, who assemble solar cells into solar modules and solar power systems for use in various markets. For more information please go to http://www.chinasunergy.com .
Thursday, July 26, 2007
Emei Semi-conductor Materials Factory Joined Dongfang Steam Turbine Works
Emei Semi-conductor Materials Factory Joined Dongfang Steam Turbine Works in October 2006, and Dongfang Steam Turbine Works has invested 600 million RMB to help Emei Semi-conductor Materials Factory to expand its production capacity.
Emei Semi-conductor Materials Factory started to construct its 500 ton electronic grade polysilicon project in March 2007. And Dongfang Steam Turbine Works started the 1500 ton polysilicon project in April 2007.
Emei Semi-conductor Materials Factory started to construct its 500 ton electronic grade polysilicon project in March 2007. And Dongfang Steam Turbine Works started the 1500 ton polysilicon project in April 2007.
Luoyang China Silicon High Tech 1000 Ton Polysilicon Project Started Commercial Production
Luoyang China Silicon High Tech 1000 Ton Polysilicon Project Started Commercial Production on June 8th. The product specifications met or exceeded the expection.
This project was constructed by China Enfi Group, and started in early 2006.
China Silicon High Tech polysilicon output in 2007 will reach 600 tons, and China Silicon High Tech is the top producer of polysilicon in China.
This project was constructed by China Enfi Group, and started in early 2006.
China Silicon High Tech polysilicon output in 2007 will reach 600 tons, and China Silicon High Tech is the top producer of polysilicon in China.
Saturday, July 21, 2007
LDK Solar Signs Contract to Purchase Polysilicon Production Equipment from GT Solar
July 20, 2007: 08:30 AM EST
XINYU CITY, China and SUNNYVALE, Calif., July 20 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. , a leading manufacturer of multicrystalline solar wafers, announced today that it has signed a contract to purchase polysilicon production equipment from U.S.-based GT Solar Incorporated, a subsidiary of GT Solar International, Inc.
Under this contract, LDK Solar will purchase polysilicon reactors and other polysilicon production equipment for installation in its manufacturing facilities in Xinyu City, enabling the Company to produce virgin silicon feedstock for use in its production of multicrystalline solar wafers. LDK expects that following installation of this equipment, the Company will have polysilicon production capacity of up to 6,000 metric tons in 2008 and 15,000 metric tons in 2009.
"Through the purchase of this equipment, we are expanding our capabilities in the solar value chain, adding the production of pure polysilicon to our operations," stated Xiaofeng Peng, Chairman and CEO. "In combination with our ability to use recyclable polysilicon in our production process, producing our own pure polysilicon feedstock will enhance our cost efficiencies.
"We look forward to working with GT Solar and installing their best-in- class polysilicon production equipment into our manufacturing facilities. Our purchase contract with GT Solar is a key element of our expanding production plans," concluded Mr. Peng.
"We are excited to work with an industry leader, LDK, in providing them with the equipment that supports their operational expansion," stated Tom Zarrella, President and CEO of GT Solar International.
GT's VP for Polysilicon, David Keck, stated, "LDK has plans to become a leader in polysilicon production, so we are pleased to be working with them and to continue our long standing relationship."
LDK Sr. VP of manufacturing, Nick Sarno, also stated, "This is an exciting day for LDK Solar as the Company has taken one more step toward becoming the world leader in low cost solar wafer manufacturing by securing future polysilicon supplies. The LDK team is looking forward to working with GT Solar and, in particular, with the team headed by Dave Keck. The future offers both challenges and great rewards for all involved."
About LDK Solar
LDK Solar Co., Ltd. is a leading manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. LDK sells multicrystalline wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, the company provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers. LDK's headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi province in the People's Republic of China. The company's office in the United States is located in Sunnyvale, California.
About GT Solar
GT is one of the largest providers of manufacturing equipment and turnkey manufacturing solutions to the PV industry. Based in Merrimack, NH (USA), the company's products include equipment used to produce multicrystalline solar wafers, cells, modules. GT Solar also manufactures polysilicon reactors, which allow its customers to produce the polysilicon from which solar wafers are made. For more information, go to http://www.gtsolar.com.
XINYU CITY, China and SUNNYVALE, Calif., July 20 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. , a leading manufacturer of multicrystalline solar wafers, announced today that it has signed a contract to purchase polysilicon production equipment from U.S.-based GT Solar Incorporated, a subsidiary of GT Solar International, Inc.
Under this contract, LDK Solar will purchase polysilicon reactors and other polysilicon production equipment for installation in its manufacturing facilities in Xinyu City, enabling the Company to produce virgin silicon feedstock for use in its production of multicrystalline solar wafers. LDK expects that following installation of this equipment, the Company will have polysilicon production capacity of up to 6,000 metric tons in 2008 and 15,000 metric tons in 2009.
"Through the purchase of this equipment, we are expanding our capabilities in the solar value chain, adding the production of pure polysilicon to our operations," stated Xiaofeng Peng, Chairman and CEO. "In combination with our ability to use recyclable polysilicon in our production process, producing our own pure polysilicon feedstock will enhance our cost efficiencies.
"We look forward to working with GT Solar and installing their best-in- class polysilicon production equipment into our manufacturing facilities. Our purchase contract with GT Solar is a key element of our expanding production plans," concluded Mr. Peng.
"We are excited to work with an industry leader, LDK, in providing them with the equipment that supports their operational expansion," stated Tom Zarrella, President and CEO of GT Solar International.
GT's VP for Polysilicon, David Keck, stated, "LDK has plans to become a leader in polysilicon production, so we are pleased to be working with them and to continue our long standing relationship."
LDK Sr. VP of manufacturing, Nick Sarno, also stated, "This is an exciting day for LDK Solar as the Company has taken one more step toward becoming the world leader in low cost solar wafer manufacturing by securing future polysilicon supplies. The LDK team is looking forward to working with GT Solar and, in particular, with the team headed by Dave Keck. The future offers both challenges and great rewards for all involved."
About LDK Solar
LDK Solar Co., Ltd. is a leading manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. LDK sells multicrystalline wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, the company provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers. LDK's headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi province in the People's Republic of China. The company's office in the United States is located in Sunnyvale, California.
About GT Solar
GT is one of the largest providers of manufacturing equipment and turnkey manufacturing solutions to the PV industry. Based in Merrimack, NH (USA), the company's products include equipment used to produce multicrystalline solar wafers, cells, modules. GT Solar also manufactures polysilicon reactors, which allow its customers to produce the polysilicon from which solar wafers are made. For more information, go to http://www.gtsolar.com.
Tuesday, July 17, 2007
China Henan Xuntianyu Technology produces polysilicon by some physical way
China Henan Xuntianyu Technology produces polysilicon by some physical way, and the first phase project can produce 1000 ton polysilicon per year, and the whole project production capacity is 6000 ton.
It is said that its production cost is just one sixth of its international counterpart, and its electricity consumption and water consumption is just one third and one tenth of Siemens process.
And its polycrystalline silicon has been exported to Germany, Japan and Switzerland.
It is said that its production cost is just one sixth of its international counterpart, and its electricity consumption and water consumption is just one third and one tenth of Siemens process.
And its polycrystalline silicon has been exported to Germany, Japan and Switzerland.
LDK's new 100MW solar polysilicon wafer project got approved
2007-07-16
LDK got approval from Jiangxi government for their new 100MW solar polysilicon wafer project. The total investment for this new project is 763 million RMB.
The LDK's total solar polysilicon wafer production capacity will reach 300 MW including this 100MW. And LDK even plans to increase their production capacity to 400 MW at the end of 2007, and to 1000 MW in 2008.
LDK got approval from Jiangxi government for their new 100MW solar polysilicon wafer project. The total investment for this new project is 763 million RMB.
The LDK's total solar polysilicon wafer production capacity will reach 300 MW including this 100MW. And LDK even plans to increase their production capacity to 400 MW at the end of 2007, and to 1000 MW in 2008.
Thursday, May 17, 2007
Polycrystalline Silicon Production Capacity in China
At present there are only 3 major companies in China that are able to produce polycrystalline silicon in volume, and they are Luoyang China Silicon (300 Ton), Sichuan Emei Semiconductor(200 Ton), and Sichuan Xinguang Silicon (1260 Ton). And all of these companies are planning to increase their production capacity now. What's more, there are many polycrystalline silicon projects are under construction or planned in China, take all the polycrystalline silicon projects in account, the total production capacity is over 20,000 Ton already.
It is expected that in 2010, the supply of polycrystalline silicon will surpass the demand, and the price of polycrystalline silicon will be reduced, then the solar electricity will be much cheaper, and much popular.
It is expected that in 2010, the supply of polycrystalline silicon will surpass the demand, and the price of polycrystalline silicon will be reduced, then the solar electricity will be much cheaper, and much popular.
Tuesday, May 15, 2007
Solar Energy Industry Gross Margin
Please see below the current gross margin for the different sectors in the solar energy industry:
To produce polycrystalline silicon: over 80%
To produce ingot and slice: about 25%
To produce solar cell: 18%
To produce solar module: 5%
While about 3 years ago, the gross margin for the sectors in the solar energy industry was quite different, please see below:
To produce polycrystalline silicon: 30-40%
To produce ingot and slice: about 40%
To produce solar cell: 35-40%
To produce solar module: 15-20%
The polycrystalline silicon suppliers control the whole industry, and they are happy to see the feedstock shortage, and they raised the polycrystalline silicon price and enjoy the high margin.
To produce polycrystalline silicon: over 80%
To produce ingot and slice: about 25%
To produce solar cell: 18%
To produce solar module: 5%
While about 3 years ago, the gross margin for the sectors in the solar energy industry was quite different, please see below:
To produce polycrystalline silicon: 30-40%
To produce ingot and slice: about 40%
To produce solar cell: 35-40%
To produce solar module: 15-20%
The polycrystalline silicon suppliers control the whole industry, and they are happy to see the feedstock shortage, and they raised the polycrystalline silicon price and enjoy the high margin.
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