News on capital expenditure

News on suppliers, market trends and technology innovations in polysilicon and wafer production is selected, assessed and written for you by Bernreuter Research.

Representatives of GCL-Poly Energy Holdings and its subsidiary Jiangsu Zhongneng celebrate the official launch of the 54,000-ton fluidized bed reactor (FBR) project for granular polysilicon in Xuzhou, Jiangsu province, China on September 8, 2020

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Jiangsu Zhongneng Polysilicon, a subsidiary of GCL-Poly Energy Holdings, will increase its fluidized bed reactor (FBR) capacity for granular polysilicon to 54,000 tons by the end of 2021.

Groundbreaking for Asia Silicon’s polysilicon plant expansion in Xining, the capital of Qinghai province, China

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Asia Silicon, China’s sixth-largest polysilicon manufacturer, will increase its production capacity to 50,000 metric tons by 2022 and has closed a five-year supply contract with wafer maker Longi.

Depreciation rates of Daqo New Energy and Wacker Polysilicon from Q3 2018 through Q3 2019 and estimate for full 2019

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Leading German polysilicon manufacturer Wacker has announced it will take a massive impairment of €750 million (US$832 million) on the carrying value of its polysilicon plants in its 2019 financial statements.

Jiangsu Zhongneng’s polysilicon plant in Xuzhou, Jiangsu

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Leading China-based polysilicon manufacturer GCL-Poly wants to replace its existing plant in Jiangsu province by a new 60,000-ton base in Leshan in the western province of Sichuan.

Daqo New Energy’s polysilicon plant in Shihezi, Xinjiang

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Daqo New Energy, the third-largest polysilicon manufacturer in China, has announced it will increase its production capacity by 35,000 metric tons, thus reaching a total capacity of at least 70,000 tons in early 2020.

Xinte Energy’s polysilicon plant in Urumqi, Xinjiang with sunflowers in the foreground

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The massive expansion wave in the Chinese polysilicon industry continues: Xinte Energy, China’s second-largest polysilicon manufacturer, will expand the capacity of its existing plant in Xinjiang by 36,000 metric tons.