Daqo extends high-purity polysilicon supply deal with JinkoSolar

September 11, 2019
Facebook
Twitter
LinkedIn
Reddit
Email
The new two-year deal will enable Daqo to supply 12,000MT to 14,400 MT of polysilicon in 2020 and 15,600MT to 21,600MT in 2021 to JinkoSolar, due to the expected ramp of Daqo’s Xinjiang polysilicon facility to 70,000MT capacity by the end of 2019. Image: Daqo

Leading ‘Solar Module Super League’ (SMSL) member, JinkoSolar has sourced a further two-year supply of high-purity polysilicon from Daqo New Energy to meet its material requirements under current in-house mono-wafer capacity expansions.

The new two-year deal will enable Daqo to supply 12,000MT to 14,400 MT of polysilicon in 2020 and 15,600MT to 21,600MT in 2021 to JinkoSolar, due to the expected ramp of Daqo’s Xinjiang polysilicon facility to 70,000MT capacity by the end of 2019. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Shihua Su, Chief Marketing Officer of Daqo New Energy commented, “This supply agreement further demonstrates Daqo as the supplier of choice for high-quality mono-grade polysilicon with proven reliability. Once our Xinjiang polysilicon production facility expands to 70,000 MT capacity by the end of this year, we will be able to meet the rapidly growing demand from our mono-solar customers and the global solar PV industry.”

Recently, Kangping Chen, JinkoSolar's Chief Executive Officer said, “We are accelerating the expansion of our high-efficiency mono production capacity to meet growing demand globally. This is mainly being driven by our new production facility in Leshan, the mono production capacity of which is expected to reach 5GW by the end of 2019 and 16.5GW once the second phase of the capacity expansion is complete.”

“As of June 30, 2019, our in-house annual silicon wafer, solar cell and solar module production capacity reached 10.5GW, 7.4GW and 12.6GW, respectively. By the end of 2019, we expect our in-house annual silicon wafer, solar cell and solar module production capacity to reach 15.0GW, 10.5GW and 16.0GW, respectively, including 11.5GW of mono capacity, 9.7GW of PERC cell capacity and 800 MW of N-type cell capacity,” Chen added.

PV Tech recently reported that the SMSL’s PV module order book for 2020 was rapidly filling up.

PV Tech also recently reported that Daqo = expected to produce approximately 37,000MT to 40,000 MT of polysilicon in 2019.  Combined with debottlenecking projects, the Phase 4A expansion would lead to a full annual nameplate capacity of 70,000MT by the end of the first quarter of 2020.

However, due to the current market conditions for polysilicon and its balance sheet, plans for Phase 4B expansions were said to be too early to make at that time.

10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

October 28, 2025
Chinese solar inverter producer GoodWe has launched a new “low noise, low weight” string inverter for the European corporate & industrial solar market.
October 27, 2025
Chinese polysilicon producer Daqo New Energy saw an increase in sales and profits in Q3 2025, as the sector looks to address ongoing oversupply and financial losses.
October 23, 2025
US solar manufacturer T1 Energy sold approximately 725MW of solar modules in Q3 2025, as it continues to expand US manufacturing capabilities.
Sponsored
October 23, 2025
Tongwei's rooftop-focused TNC 2.0 G12R-48 module will be among the products on show at All Energy Australia next week.
October 23, 2025
Solar PV technology has maintained its leading position as the most cost-competitive power generation source in 2025, according to analyst Wood Mackenzie.
Sponsored
October 22, 2025
LONGi vice president Dennis She discusses the value logic behind the company's strategic focus on back contact technology.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 12, 2025
10am PST / 1pm EST
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany