Daqo New Energy's polysilicon average selling price dropped from US$7.66/kg in Q1 2024 to US$5.12/kg in Q2 2024, while its average production cost sat at US$6.19/kg.
The 3.3GW nameplate capacity facility will produce silicon ingots, wafers, cells and modules in what will be the largest vertically integrated solar manufacturing hub in the US.