Calisolar changes name as Suntech becomes key customer of its purified silicon metal

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email

Calisolar is morphing into a polysilicon producer with a name change that better reflects its future ambitions. Renamed, Silicor Materials Inc, the company has bagged a major supply deal for its purified silicon metal material with the PV industries largest module producer, Suntech Power Holdings.

“Over the past year, we’ve sharpened our focus on the segment of the solar supply chain where we have our greatest competitive edge: production of high quality, low cost silicon,” said John Correnti, Executive Chairman of Silicor Materials. “In order to get to grid parity, the entire solar industry must get used to a lower price point. Silicor Materials is leading the way with a cutting-edge product, enabling cost reductions across the supply chain.” 

Silicor Materials claims that its ‘revolutionary’ process, which purifies silicon metals with aluminium to achieve higher-grade solar silicon material offers polysilicon to be sold at less than US$20/kg, easily competing with many ‘Siemens’ based producers on cost due in part to significantly lower energy usage.

Major customers

The company said that Suntech Power Holdings, which had been a customer of Calisolar’s UMG-Si products in the past, would take 40% of its 16,000MT annual production. Suntech does not produce polysilicon in-house. 

“Silicor Materials has been a great partner and supplier. The team has enabled our growth in the Ontario solar market with their silicon, and we look forward to serving additional markets with the silicon they will produce in Mississippi,” commented Eric Luo, Senior Vice President for Global Supply Chain at Suntech.

Silicor is planning to build a polysilicon plant in Lowndes County, Mississippi at a cost of US$600 million and be operational in 2014.

The company also said it had agreed terms with another PV manufacturer, though did not disclose its identity.

“We are extremely pleased to formalize two strong partnerships as we progress with the construction of our Mississippi facility,” said Theresa Jester, CEO of Silicor Materials. “Our new name, Silicor Materials, reflects our commitment to delivering world-class products to a variety of industries. In line with the plan we outlined last September, our core product continues to be high quality silicon for PV cells. In addition, our innovative manufacturing process will continue to allow us to sell aluminum-based products, such as master alloys and polyaluminum chloride.”

9 December 2021
The Smart Energy Council is hosting Australia’s second Virtual Smart Energy Conference and Exhibition on Thursday, 9 December 2021. This event will show that the industry powers on despite COVID-19 and we are standing together undeterred in spirit. Bringing our global community together using the latest technology.
13 January 2022
Intersolar North America and Energy Storage North America “Come Together” for the first time in Long Beach, CA—connecting installers, developers, utilities, technology providers, policy makers, and key stakeholders from around the world to advance the clean energy future. With best-in-class conference programming, integrated exhibits and pavilions, and the live Solar Games installer competition, #isnaesna21 will showcase the industry trends, innovative solutions, and emerging talent transforming the solar, energy storage, and e-mobility markets. Register today to redeem our exclusive offer for PV Tech readers—free expo hall or 20% off full conference pass.
1 February 2022
As Solar Finance & Investment enters its ninth year, we sit on the cusp of a new power market with solar at its heart. The 2022 edition of the event will build on our years of expertise and relationships to bring investors and lenders together with top developers. Connect with leaders in the field and use exclusive insights to drive investment and development decisions for the future. Meet new and existing project partners at the largest gathering of European solar investors and lenders.
23 February 2022
Held annually since 2016, the Energy Storage Summit Europe is the place to be for senior stakeholders in the European storage industry. Designed to accelerate deployment of storage, we examine evolving chemistries, business models, project design, revenue stacks and use cases for storage. The 2022 edition will include exclusive content around longer duration solutions, energy strategies for wide-scale deployment of EVs and "EnTech", the event which sits at the intersection of digitisation, decentralisation and decarbonation of the power system. Come to meet TSOs, DSOs, Utilities, Developers, Investors and Lenders and leave with new contacts, partners and a wealth of information.
7 March 2022
Take your chance to join the most powerful platform in the MENA region. Middle East Energy (MEE), Intersolar, and ees, the leading energy exhibitions are joining hands to co-deliver an outstanding renewables and energy storage event at Middle East Energy 2021. Renewables and energy storage at MEE is the largest gathering of solar and renewable energy industry professionals in the Middle East & Africa, offering the most effective trade focused platform to international manufacturers and distributors looking to meet regional buyers.
23 March 2022
When it comes to storage, the US market exceeded a gigawatt of advanced energy storage installations (weighted towards lithium ion) at 1.46 GW, more than the previous six years in total! An exponential growth rate could see the market hit 7.5 GW p.a. by 2025. The summit will provide a wealth of content around this vital piece in the US power puzzle, with sessions dedicated to explore how companies are making money from batteries, the latest chemistries and their applications as they apply to different use-cases. We ask how investors can match ESG criteria to batteries and we will bring case studies of successful deployment and project execution onto the stage to examine how you can ensure your own projects are successful.

Read Next

December 7, 2021
Solar developer ib vogt has signed a €40 million (US$45 million) syndicated loan agreement with its long-standing German bank partner Commerzbank AG to support its international growth strategy
December 7, 2021
The US and China will account for a combined 57% of total forecasted solar capacity additions through 2030, with the countries adding 151.3GW and 436.9GW of solar capacity, respectively. Both countries have risks to this development, however, with the US needing to overcome trade and tariff problems, while China needs to ensure the reliability of PV production
December 7, 2021
Tesla is being investigated by the US Securities and Exchange Commission (SEC) following a claim that the company did not appropriately inform its shareholders and the public about potential fire risks from its solar systems, according to a report by Reuters.
December 7, 2021
JinkoSolar is forecasting that more than 25% of its module shipments next year will be attributable to its n-type TOPCon module range.
PV Tech Premium
December 7, 2021
PV Tech Premium speaks to Dany Qian, vice president at JinkoSolar, to get the inside story about the ‘Solar Module Super League’ member’s 16GW n-type expansion and plans to take the lead in TOPCon.
PV Tech Premium
December 6, 2021
PV Tech Premium breaks down the key schemes and incentives that exist for companies that want to invest in India's growing solar market

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 1, 2022
London, UK
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal