GCL-Poly Energy Holdings has signed a €36 million supply contract with AEG Power Solutions for its Thyrobox M power supply system. GCL hopes the Thyrobox will help consolidate its position as one of the world’s leading polysilicon and wafer suppliers.
“The Chinese market, and especially the market for solar products, is growing quickly and remains one of our business focuses for the coming years. With the latest contract, GCL-Poly confirms the existing partnership and proves its confidence in AEG PS as one of their leading technology suppliers. We feel very honoured that we have been chosen to contribute to GCL’s success,” said Gladwyn De Vidts, AEG Power Solutions’ VP of power control systems.
After experiencing fluctuating demand in recent years, the polysilicon market is showing signs of renewed growth – illustrated by the growing number of new projects and capacity expansions. Thyrobox is a compact power solution for the polycrystalline silicon deposition process and, depending on the type of reactor, has a footprint up to 70% smaller than its rivals in the market.
“About four years ago, we started our cooperation with AEG PS, one of the top global power system technology suppliers. It is our strategy to work only with manufacturers that offer premium quality products. We are happy to reinforce our good relationship with AEG PS,” said Shu Hua, the executive director and president of GCL-Poly.