A subsidiary of polysilicon producer Daqo New Energy has signed a five-year polysilicon supply agreement with an undisclosed solar manufacturing company in China.
Subsidiaries of Daqo New Energy have agreed large five-year polysilicon supply agreements with Chinese solar manufacturing companies, the most recent in a number of significant deals signed this year by the company.
Daqo New Energy has signed a ‘Procurement Framework Contract’ with a customer who will purchase 432,000 tonnes of solar-grade high-purity polysilicon from the company and its subsidiary Daqo Inner Mongolia between 2023 to 2028.
Subsidiaries of polysilicon producer Daqo New Energy have signed a five-year polysilicon supply agreement with solar wafer manufacturer Shuangliang Silicon Materials.
Leading polysilicon manufacturer Tongwei Solar is expecting its revenue for the first nine months of 2022 to soar as a result of strong demand for silicon products and its expanded production capacity.
An earthquake in the Southwestern Chinese province of Sichuan has not led to any material decline in production of solar products despite the province being home to several crucial industrial clusters
The price of polysilicon in China rose across the board last week, despite signals that it may have stabilised, constituting the 25th round of price increases this year alone.
China’s polysilicon price finally stabilised this week, according to the Silicon Industry Branch of the China Nonferrous Metals Industry Association, following several long-term contracts being signed, helping to reduce market volatility in the short-term.
Tongwei has announced that its subsidiaries have signed a RMB50.9 billion (US$7.58 billion) silicon material sales contract for 216,100 tons with Qinghai Gaojing Solar Energy Technology Co., Ltd.
