Adani and China’s East Hope Group aiming for factory in India

Port of Mundra, Gujarat state, India
Adani and East Hope envisage production of PV equipment, chemicals, aluminum and animal feed at Mundra – Image: Adani

The Indian logistics conglomerate Adani and the Chinese industrial giant East Hope Group have signed a Memorandum of Understanding to invest $300 million in manufacturing units for “solar power generation equipment, chemicals, aluminium and animal feed” at the Mundra Special Economic Zone in the Indian state of Gujarat.

While Adani has put its plan for polysilicon production on hold, East Hope is currently ramping up a polysilicon plant with an annual capacity of 15,000 metric tons in Xinjiang, China. The envisaged factory in Mundra could possibly use polysilicon from East Hope to produce wafers for Adani’s 1.2 GW solar cell and module plant at the same location.

Get Your In-depth Report: The Polysilicon Market Outlook 2029

The Polysilicon Market Outlook 2029, report opened
  • Benefit from 102 pages full of rich data, in-depth analyses and detailed forecasts on the polysilicon, solar and semiconductor industries
  • Learn all about the latest developments of polysilicon manufacturing technologies (Siemens process, fluidized bed reactor, upgraded silicon kerf loss from wafer sawing)
  • Obtain comprehensive data on production volumes and capacities of 41 solar-grade and electronic-grade polysilicon plants from 2023 through 2029
  • Gain insight into decisive market trends, based on four sophisticated scenarios of supply and demand through 2029
  • Get valuable guidance with cash cost data on 27 solar-grade polysilicon plants and spot price forecasts through 2029

Go to the Report

Learn all about the polysilicon market

Go back

Comments

Add a comment

Back to Polysilicon News