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Daqo has secured another big polysilicon order and GCL Technology said it expects a profit of CNY 12.7 billion ($1.76 billion) from its solar materials business in the third quarter. Wafer manufacturer Wuxi Shangji Automation, meanwhile, has secured an order from TOPCon panel maker Da-Solar. ....
Luoyang Glass is planning to deploy two solar glass production lines with an annual capacity of 1,200 tons each and wafer maker Wuxi Shangji has secured a big supply agreement from Longsheng New Energy. ....
Share this article Share this article SHANGHAI, March 5, 2021 /PRNewswire/ Daqo New Energy Corp. (NYSE: DQ) ( Daqo New Energy , the Company or we ), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it signed a three-year high-purity polysilicon supply agreement with Wuxi Shangji Automation (SSE:603158) ( Shangji ), a leading high-end intelligent equipment provider for manufacturing industries including the solar PV industry. Shangji started its mono-wafer manufacturing business in 2019 and has quickly been recognized as a high-quality mono-wafer provider.
Under the supply agreement, Daqo New Energy will provide Shangji with high-purity mono-grade polysilicon in a total amount of 52,700 MT between July 2021 and June 2024. Actual prices will be negotiated by both parties monthly according to market conditions. As part of the supply agreement, Shangji will make an advance payment to Daqo New Energy. ....
GCL-Poly and Wuxi Shangji team on 300,000MT granular polysilicon plant JV GCL-Poly and Wuxi Shangji team on 300,000MT granular polysilicon plant JV. Image: GCL-Poly Major polysilicon producer GCL-Poly has entered into an agreement with monocrystalline equipment and wafer producer Wuxi Shangji Automation Co to partner on establishing a 300,000MT Fluidised Bed Reactor (FBR) ‘granular’ polysilicon plant in Inner Mongolia. The strategic cooperation framework agreement is between GCL-Poly’s FBR polysilicon subsidiary, Jiangsu Zhongneng Polysilicon Technology Development Co., and Wuxi Shangji Automation Co. The plant is expected to need a total investment of RMB18 billion (US$2.78 billion). GCL-Poly will have a 65% equity interest in the joint venture, while Wuxi Shangji will have a 35% stake. ....
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its. | March 5, 2021 ....