Daqo New Energy Corp. says it has ramped up production at its polysilicon facilities in Xinjiang, China, after completing an expansion program. The company expects to increase the annual capacity to 6,150 MT and lower the total production cost to the level of $14/kg.
‘We will spare no effort to further enhance our operation to optimize our cost structure and quality,’ says Gongda Yao, CEO of Daqo New Energy. ‘As the solar PV market keeps improving, we see stronger demands for polysilicon recently. The newly added capacities will enable us to better address our customers' increasing needs for high-quality polysilicon.’
China has slapped retaliatory tariffs of imported U.S. polysilicon in response to anti-dumping duties. Some analysts have expressed concern that oversupply may return to the PV silicon market.