Daqo signs five-year polysilicon supply deal with solar wafer manufacturer

Facebook
Twitter
LinkedIn
Reddit
Email
Daqo New Energy previously increased its annual polysilicon production guidance to 129,000 – 132,000MT. Image: Daqo New Energy.

Subsidiaries of polysilicon producer Daqo New Energy have signed a five-year polysilicon supply agreement with solar wafer manufacturer Shuangliang Silicon Materials.

The deal will see Xinjiang Daqo and Inner Mongolia Daqo provide Shuangliang with 150,300MT of high-purity mono-grade polysilicon from November 2022 to December 2027. Prices will be negotiated by both parties monthly according to market conditions.

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

A subsidiary of Shuangliang Eco-Energy, Shuangliang Silicon Materials has rapid capacity expansion plans, according to Longgen Zhang, CEO of Daqo New Energy.

Zhang said Daqo New Energy expects that demand for high-purity mono-grade polysilicon will “remain strong, especially as the market gradually switches to the next generation of n-type technology”.

Following a better-than-expected performance during the first half of 2022, Daqo New Energy increased its annual polysilicon production guidance to 129,000 – 132,000MT.

For Shuangliang Silicon Materials, the deal comes after it recently signed a deal with Tongwei to procure 222,500MT of polysilicon over the next four years.

Global polysilicon capacities are on track to soar to 536GW by the end of 2023, assuming all projects in the pipeline develop as planned, according to research published last week by advisory firm Clean Energy Associates.

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

September 4, 2025
The Czech national cybersecurity agency has warned that Chinese solar inverters represent a threat to the country’s data security.
September 4, 2025
US polysilicon company Highland Materials has aimed to begin construction at its polysilicon plant in the second half of 2026.
Premium
September 4, 2025
PV Talk: Highland Materials' CEO Richard Rast explains how the company aims to compete in the polysilicon landscape through US innovation.
September 3, 2025
Huasun claims it has set new record efficiencies for HJT-perovskite tandem solar cells at both laboratory and commercial scales.
September 3, 2025
LONGi, Jinko Solar, Trina Solar and JA Solar posted combined net losses of nearly RMB11 billion (US$1.54 billion) in H1 2025.
August 29, 2025
Chinese module maker JA Solar has launched DesertBlue, a PV module designed for desert and semi-arid regions. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines