Daqo extends polysilicon supply volume to Longi to 134,400 tons

Longi’s polysilicon supply contract with Daqo
Along with a previous contract closed in 2018, Daqo’s supply volume to Longi will increase to 134,400 tons – Chart: Bernreuter Research

Daqo New Energy, China’s third-largest polysilicon manufacturer, has signed a new three-year contract with leading monocrystalline wafer producer Longi Green Energy Technology for the supply of 112,800 metric tons (MT) of high-purity mono-grade polysilicon from 2020 through 2022.

Daqo will deliver 36,000 MT, including 18,000 MT covered under the supply contract closed with Longi in April 2018, in 2020 and 38,400 MT each in 2021 and 2022. Along with the quantities delivered in 2018 and 2019, Daqo’s supply volume to Longi will increase to 134,400 MT (see chart).

The polysilicon manufacturer currently has a nominal production capacity of 35,000 MT, which effectively equals 40,000 MT, in Shihezi, Xinjiang in northwestern China. Daqo will expand the capacity by another 35,000 MT to 75,000 MT by the first quarter of 2020.

Consequently, the contracted supply volumes for Longi will have a share of more than 50% in Daqo’s annual output. Longi is planning to expand its wafer production capacity from 28 GW at the end of 2018 to 65 GW by the end of 2021.

NEW: Get Your In-depth Report – The Polysilicon Market Outlook 2027

  • 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 45 solar-grade and electronic-grade polysilicon plants from 2020 through 2027
  • Gain insight into decisive market trends, based on four sophisticated scenarios of supply and demand through 2027
  • Get valuable guidance with cash cost data on 30 solar-grade polysilicon plants and spot price forecasts through 2027

Go to the Report


Go back

Comments

Add a comment

Back to Polysilicon News