xinte energy

Four Chinese polysilicon manufacturers have posted increased net profits thanks to increased sales or short supply.

JinkoSolar has signed two major polysilicon supply contracts worth nearly US$30 billion in the past two weeks as it looks to lock in supply.

Both GCL Technology and Daqo New Energy have leapfrogged Wacker Chemie in Bernreuter Research’s annual polysilicon top ten rankings, completing a China-based top three.

Chinese energy firm TBEA is planning to invest RMB 6 billion (US$938 million) to set up a silicon production facility with an annual output of 400,000MT in China’s Inner Mongolia region.

Polysilicon manufacturer Xinte Energy has raised RMB2.3 billion (US$355.9 million) from its owner TBEA in order to fund its target polysilicon capacity of 100,000 metric tonnes (MT)

Xinte Energy has unveiled plans to sell nearly 180 million shares in the company to raise funds for a new 100,000 ton polysilicon production facility.

The Solar Media podcast is back for another episode, and Liam Stoker and Andy Colthorpe explores the deepening materials crisis impacting upstream solar manufacturing, through from modules to trackers.

The solar polysilicon sector is experiencing a changing of the guard, and all four of the top manufacturers will be Chinese next year, research firm Bernreuter Research has predicted.

PV Tech recently highlighted that Xinte Energy planned a major new polysilicon production plant in city of Baotou, Inner Mongolia, which would be capable of producing 200,000MT per annum.