Adhering to its planned timeline announced earlier this year, ReneSola Ltd. has commenced trial production on its first batch of polysilicon. The two-phase facility will see the production of 3,000 metric tonnes of polysilicon following the scheduled completion of Phase 2 in September 2009. The facility, located in China’s Sichuan province, uses the Siemens process and a closed loop system for polysilicon production.
“The launch of our in-house polysilicon manufacturing facility represents another exciting strategic milestone for ReneSola,” said Mr. Xianshou Li, ReneSola’s CEO. “As an integral part of our vertical integration strategy, this state-of-the-art facility is designed to enhance our competitiveness as we benefit from cost synergies associated with upstream integration. The production output from this new facility will provide us with a stable, cost-effective flow of polysilicon as we strengthen our position as one of the world’s leading, low-cost, fully integrated solar companies.”
