Zhonghuan Semiconductor confirms capacity expansion to 55 GW

Monocrystalline solar wafers from Zhonghuan Semiconductor
Now it’s certain: Zhonghuan Semiconductor will increase its production capacity to 55 GW – Image: Zhonghuan Semiconductor

China-based Zhonghuan Semiconductor, the world’s second-largest manufacturer of monocrystalline solar wafers, has confirmed earlier plans to increase its production capacity by 25 GW to 55 GW.

Inner Mongolia Zhonghuan GCL Solar Materials Co., Ltd., a joint venture between Zhonghun Semiconductor and GCL-Poly Energy Holdings, will invest CNY9.13 billion (USD1.32 billion) in the project in Hohhot, the capital of Inner Mongolia.

The new announcement, which Zhonghuan made to the Shenzhen Stock Exchange on May 30, projects a long construction period of three and a half years. Bernreuter Research believes that construction will actually move faster.

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


Add a comment

Back to Polysilicon News