Tag: polysilicon supply

Daqo New Energy and JA Solar sign long-term supply deal for polysilicon

Daqo New Energy and JA Solar sign long-term supply deal for polysilicon

May 12, 2021 |

Daqo New Energy and JA Solar have signed a long-term supply deal for high-purity polysilicon. The announcement is in line with the trend of manufacturers looking to lock in polysilicon supply. Under the deal, Daqo will supply JA Solar with around 78,200 MT of high-purity mono-grade polysilicon between July 2021 and December 2025. Actual volumes and prices will be negotiated every month based on market factors, with JA making an advance payment to Daqo.

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Xinte Energy to supply 152,400 metric tonnes of polysilicon

Xinte Energy to supply 152,400 metric tonnes of polysilicon

March 15, 2021 |

Chinese polysilicon producer Xinte Energy has secured a polysilicon supply contract with a new entity, Qinghai Gaojing Solar Energy Technology. Xinte Energy will supply Qinghai Gaojing Solar Energy Technology Co with a total of 152,400 metric tonnes of polysilicon from July 2021 to December 2025 with prices being negotiated monthly. It is estimated that the contract could generate revenue of approximately $2.6 billion over the four and a half year agreement.

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China solar unit defaults on $500 million bond amid 700% rally

China solar unit defaults on $500 million bond amid 700% rally

February 2, 2021 |

A unit of GCL-Poly Energy Holdings Ltd. defaulted on a $500 million bond after ending an exchange offer with existing bondholders. GCL New Energy Holdings Ltd. announced the default in an exchange filing. The firm, which operates solar power plants, is majority owned by GCL-Poly, one of the world’s leading makers of solar-grade polysilicon, and whose shares have soared 700 per cent since China announced plans to be carbon neutral by 2060.

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Trina Solar seals 3-year polysilicon supply deal with Daqo

Trina Solar seals 3-year polysilicon supply deal with Daqo

November 30, 2020 |

Within two weeks of signing a 72,000-ton supply deal with Tongwei, solar manufacturer Trina Solar has cornered another 30,000-ton slice of the global polysilicon market. It has signed a deal to buy 30,000-37,600 tons of mono-grade polysilicon from Daqo New Energy, with the contract running until December 2023.

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