Daqo New Energy Corp’s subsidiary, Xinjiang Daqo, has signed an investment agreement to develop a silicon-based new materials industrial park in Shihezi, China. The first phase of the project entails producing 150,000MT of silicon metal, 50,000MT of polysilicon, and 1.2 million silicon seed rods, requiring an investment of about RMB7.5 billion. The second phase mirrors the first in production and investment, but with 1.0 million pieces of silicon seed rod.
Daqo dives deep into green silicon production
Market conditions, shareholder approval, and energy permits hold key to Xinjiang Daqo’s green silicon project. Illustration from Daqo Solar.
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)